PPC EBITDA rises 40 per cent despite weaker South African volumes
PPC reported a 40 per cent increase in group EBITDA for the five months ended 31 August 2026, despite weaker cement demand in South Africa and Botswana. Its EBITDA margin rose t...
Southern Africa
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South Africa launches anti-dumping probe into cement imports
South Africa’s International Trade Administration Commission (ITAC) has launched an anti-dumping investigation into imports of cement from Vietnam and Mozambique. The investigat...
PPC extends CEO Matias Cardarelli's contract to 2030
PPC has extended CEO Matias Cardarelli's employment contract until 31 March 2030, securing his leadership through the completion of the group's ' Awaken the Giant ' turnaround s...
AfriSam Eswatini acquisition provisionally approved
The Eswatini Competition Commission (ESCC) has conditionally approved West International New Building Materials' (WINBM) acquisition of 100 per cent of AfriSam Eswatini. Singapo...
Namibia approves Cheetah Cement takeover of Ohorongo
Namibia's Minister of Industries, Mines and Energy has overturned a decision blocking Whale Rock Cement 's proposed acquisition of Ohorongo Cement , paving the way for the merge...
Sephaku Cement warns of rising import pressure
South Africa's Sephaku Cement has warned that rising cement imports and weak infrastructure demand continue to weigh on the domestic market after reporting a 4.5 per cent declin...
Afrimat narrows cement losses following Lafarge integration
South Africa-based Afrimat reported improved cement sales volumes and revenue growth in its construction materials business during the year ended 28 February 2026, supported par...
Cheetah Cement faces closure amid losses and market constraints
Namibia-based Cheetah Cement is at risk of ceasing operations and retrenching around 87 employees by mid-April 2026, following sustained financial losses and ongoing market chal...
PPC reports improved earnings in 10MFY25-26
PPC Ltd has reported a continued improvement in financial performance in the first 10 months of its financial year, with earnings supported by operational gains in both South Af...
St-Gobain commissions new fibre cement plant in South Africa
Representing an investment of ZAR500m (US$30.1m), the new plant is part of the company's commitment to the region and aligns with the company's global mission, Making the World ...