South Africa

387 posts · Page 21 of 39

Lafarge Africa records sales increase in 2017

Lafarge Africa records sales increase in 2017

A NGN33bn (US$105m) write-down on Lafarge Africa’s operations in South Africa and Nigeria resulted in a wider loss for 2017, according to Reuters. The one-off impairment charg...

Sephaku Cement posts 16% fall in profits in 2017

Sephaku Cement posts 16% fall in profits in 2017

Dangote-owned Sephaku Cement has posted a 16 per cent drop in its full-year profit, despite revenue increasing by 3.7 per cent to ZAR2.37bn (US$201.1m) in 2017. The South Afr...

FLSmidth acquires Sandvik Mining Sytems

FLSmidth acquires Sandvik Mining Sytems

FLSmidth has announced that its acquisition of Sandvik Mining Systems has been finalised. The deal will see the integration of continuous surface mining and minerals handling t...

Jabu Moleketi nominated for PPC chairman

Jabu Moleketi nominated for PPC chairman

South Africa’s PPC has received nominations for Jabu Moleketi for the position of chairman of the board to succeed Peter Nelson as it aims to “strengthen the board with its str...

PPC

PPC has reported improved revenue in the nine months ending 31 December 2017, compared to the same period a year earlier, driven by good operational cost management. Group EBIT...

PPC records sales growth

PPC records sales growth

PPC reported that it has seen its sales volume grow by over 20 per cent YoY in Rwanda and Zimbabwe, for the nine-month period ended 31 December 2017. Assisted by stable pric...