AfriSam call for fair market conditions over imports
Speaking after AfriSam’s Annual National Budget breakfast event held in Sandton recently, AfriSam CEO, Rob Wessels emphasised the need for fair competition in the cement sector...
South Africa
387 posts · Page 16 of 39
PPC sees volumes improve and price rises stick
Cement-maker PPC said lower levels of capital expenditure has helped offset lower earnings during the 11 months to end-February, with its southern African business starting to ...
Sephaku Cement sees profits fall on construction activity decline
Sephaku Cement (Dangote group) says it expects the next 12-18 months to be tough on the building sector. Declining numbers of new construction sites are impacting on business. ...
Natal Portland Cement cleared in price-fixing case
South Africa's leading antitrust tribunal has dismissed a price-fixing and market division case against Cimpor-owned Natal Portland Cement (NPC) more than a decade after an inv...
PPC's group revenue impacted by Zimbabwe
PPC announced a group revenue of ZAR4.9bn (US$330.1m) and group EBITDA of ZAR868m for the six months ended 30 September 2019. Group revenue was down 12 per cent on results from...
Sephaku Holdings reports net loss in 1HFY19-20
South Africa’s Sephaku Holdings has reported a loss of ZAR7.7m (US$521,582) for the six months ending 30 September 2019, compared with a ZAR26.5m net profit in the year-ago per...
PPC opens material handling facility
PPC Ltd has opened its Port Elizabeth material handling facility in South Africa. The facility is located in Deal Party and is able to handle approximately 400tph of clinker. T...
PPC's CFO to step down at the end of the month
South Africa’s PPC has announced that its Chief Financial Officer, Tryphosa Ramano, will step down on 31 October after eight years at the company. Ms Ramano has agreed to take ...
National regulator confiscates Rainbow Power Cement product
South Africa’s National Regulator for Compulsory Specifications (NRCS) has confiscated thousands of Rainbow Power Cement bags and called for a nationwide recall after finding p...
PPC
Imports of cement into South Africa have risen once again, up by 293 per cent YoY in July, putting the increase for the first seven months of the year at 17.5 per cent, despite...