PPC CEO Claassen to retire
South-Africa-based PPC has initiated a process to find a new CEO after the incumbent, Johan Claassen, expressed an interest to take early retirement. Mr Claassen was appointe...
South Africa
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Sephaku Cement looks to cost-cutting measures despite net profit rise
Sephaku Holdings is embarking on a cost-reduction programme to reduce head office expenses over the next year. The initiative is in response to the current declining demand due...
Dangote reports 15% rise in 9M EBITDA
Dangote Cement announced a 13.5 per cent rise in group revenues to NGN685.29bn (US$1.88bn) for 9M18 as sales volumes advanced 7.6 per cent to nearly 17.8Mt. Group EBITDA rose 1...
Lafarge Africa posts 5% net sales increase
Lafarge Africa has recorded a five per cent increase in net sales for the 3Q18 period, rising to NGN72bn (US$198.3m) from NGN68.8bn. In the 9M18, net sales again advanced five ...
Haver & Boecker enters joint venture in South Africa
Haver & Boecker has entered into a joint venture with South Africa’s Portland Packaging (Pty) Ltd, marking the first time a global, full-line packaging company has domestically...
Gebr Pfeiffer commissions Osho grinding mill
Gebr Pfeiffer has erected and commissioned an MVR grinding plant at Port Elizabeth, Eastern Cape, South Africa, for Osho Cement in just four months. Osho Cement is a joint ve...
CEM-blanc is launched by Chryso subsidiary in South Africa
a.b.e. Construction Chemicals has launched 'abe CEM-blanc', a new economical white cement which is being made available to the South African retail market. Elrene Smuts, com...
BI supplies KÖBO chains to South African projects
Bearings International (BI) has supplied a large order of KÖBO chains to cement producers in the North West and the Western Cape of South Africa. The order consisted of a bucke...
Sephaku Cement reports 25% fall in net profits
Sephaku Cement (Dangote group) reported a 35 per cent slump in net profit to ZAR44m (US$31.7m) on a one per cent decline in revenue to ZAR831m for the year to end-March. "We e...
PPC expects profit increase in FY18
South Africa’s PPC expects its net profit attributable to shareholders to increase between 55-65 per cent for the financial year ended 31 March, compared with ZAR93m (US$6.9m) ...