South Africa

390 posts · Page 12 of 39

South African cement imports up 19% in 11M21

South African cement imports up 19% in 11M21

Cement imports into South Africa surged to their highest level in 2021 as they reached 161,555t in November despite the government drive to use domestically-produced product and...

Natal Portland Cement secures five-year loan

Natal Portland Cement secures five-year loan

As part of Natal Portland Cement’s (NPC) strategy to enhance its capital structure and investments opportunities, company CEO and Chairman, Matias Cardell has announced the appr...

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 in...

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 Oct...

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, ...