South Africa

387 posts · Page 12 of 39

PPC sees 20% YoY rise in revenue

PPC sees 20% YoY rise in revenue

South Africa’s PPC Ltd has announced a 20 per cent YoY increase in revenue to ZAR5.13bn (US$324.5m) in the first half of the year, ended 30 September, compared with ZAR4.27bn i...

Sephaku Cement experiences second kiln stoppage

Sephaku Cement experiences second kiln stoppage

South Africa’s Sephaku Cement has experienced a further kiln stoppage, unrelated to the previous event announced on 30 September 2021. This second plant stoppage began on 16...

PPC not to raise capital and focus on growth

PPC not to raise capital and focus on growth

South Africa-based PPC has successfully refinanced its debt and is close to finalising its restructuring. Therefore, the company will not require a capital raise, said its CEO,...

Scaling up for growth

Scaling up for growth

Cement producers do not just manufacture cement, they need to sell it too. So what happens when a new equity partner invests in the company with a plan to increase factory outp...