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 agreeme...
South Africa
387 posts · Page 35 of 39
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 record...
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. According to the unaudited results, profit before t...
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 re...
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. Each of the ne...
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 wee...
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...
Sephaku Cement's two projects on track for 2014 completion
The construction of Sephaku Cement's ZAR3.2bn (US$322m) Delmas grinding plant and the Aganang clinker and cement works in South Africa are both at an advanced stage of developm...
South African firm stakes NGN45.7bn on Dangote Cement
Public Investment Corporation of South Africa (PIC) Monday bought 255,607,605 shares or 1.5 per cent of Dangote Cement Plc for NGN45.75bn (US$0.29bn) from Dangote Industries. P...
ACCTA 2013 success leads to a biannual conference
The first conference on Advances in Cement and Concrete Technology in Africa (ACCTA 2013) was held at the Emperor’s Palace Resort in Johannesburg, South Africa, over 28-30 J...