South Africa

387 posts · Page 24 of 39

PPC raises prices and volumes

PPC raises prices and volumes

South Africa-based cement producer PPC said it improved effective selling prices in its South African cement business and is steadily increasing output at its operations in the...

Cape Lime business to boost Afrimat's earnings

Cape Lime business to boost Afrimat's earnings

Aggregates and building materials supply company Afrimat, based in Durbanville, Western Cape, South Africa, expects to see higher profit contributions from its Cape Lime busine...

Dangote confirms "preliminary talks" with PPC

Dangote confirms "preliminary talks" with PPC

Talks between Dangote Cement and PPC regarding the possible acquisition of PPC by Dangote are in a "preliminary stage", according to the Nigeria-based cement producer, confirmi...

AfriSam wins two SARMA awards

AfriSam wins two SARMA awards

South African cement producer AfriSam dominated at the recent Southern African ReadyMix Association (SARMA) awards by winning two of the four accolades bestowed on the industry...

PIC reportedly backs joint offer for PPC

PIC reportedly backs joint offer for PPC

PPC'S largest shareholder, Public Investment Corporation (PIC), is supporting a joint offer for South Africa's biggest cement-maker from domestic rival AfriSam Group and Canadi...

Dangote sets eyes on PPC Group

Dangote sets eyes on PPC Group

Aliko Dangote is considering counter offers for the PPC Group and as such could spark a bidding contest for South Africa’s largest cement producer, reported The Star who quoted...

New Country CEO for Lafarge South Africa

New Country CEO for Lafarge South Africa

Rossen Papazov has been appointed country chief executive officer (CCEO) of Lafarge South Africa Holdings, effective 1 October 2017. For the last four years, Papazov has been ...

AfriSam submits revised PPC merger offer

AfriSam submits revised PPC merger offer

South Africa’s cement maker AfriSam has submitted a revised merger approach to larger domestic rival PPC, the company said on Monday. AfriSam’s latest proposal values PPC at...

South African merger talks: make or break?

South African merger talks: make or break?

Following the collapse of a second round of talks between South Africa's two leading cement producers on a proposed merger, will AfriSam's expected new proposal be enough to pu...

AfriSam to come up with new merger plan

AfriSam to come up with new merger plan

Merger talks between South African cement producers AfriSam and PPC have been terminated after AfriSam retracted the heads of terms (HoT) that were entered into in February. ...