Dangote
Sales growth at Dangote Cement continues to outpace the Nigerian cement market with group sales volumes up 29.5 per cent to 9.95Mt, compared to the same period last year. Pre-ta...
South Africa
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PPC
Despite rising electricity prices and depreciation pushing up input costs, South Africa’s PPC has posted an eight per cent rise in EBITDA to ZAR2500m (US$244m) for the year endi...
South Africa: Sephaku to start Lichtenburg quarry
Sephaku Cement is scheduled to start quarry operations near Lichtenburg, South Africa, early in the New Year. A contractor for the mining work is still to be named, but Pieter F...
South Africa: Chinese investment for Mamba Cement in place
The Mamba Cement project, jointly funded by China's Jidong Development Group, the China-Africa Development Fund and a South African cement company, signed the financing agreemen...
PPC's preliminary report, year-end Sept 2013
PPC's South African cement sales volumes rose by seven per cent, while industry sales for the nine months ending June 2013 increased by 4.2 per cent. Strong volumes were recorde...
Dangote 3Q revenue rises on strong domestic demand
Dangote Cement reported a 28.7 per cent in revenue as demand continues to remain strong in its domestic market of Nigeria.
Zambia watchdog to examine pricing factors
Zambia’s Competition and Consumer Protection Commission (CCPC) is to examine the upward adjustment is cement prices across four countries in sub-Saharan Africa. CCPC public rela...
Two new cement grinding plants for South Africa
Two new grinding stations will be established in Southern Africa by the end of 2014, to be set up by new market entrant Osho Ventures, CemNet News has learnt.
Rising South African input costs impacting Lafarge margins
Lafarge South Africa has said it may raise cement prices on the local market due to higher fuel and electricity costs. Thierry Legrand, country chief executive, said last week t...
PPC chief acquires further stocks in producer, South Africa
CEO of PPC, Ketso Gordhan, has acquired another ZAR3m worth of the company’s shares on the open market between 4-5 September 2013. This takes Mr Gordhan’s accumulated shares to ...