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 ' turnaroun...
Southern Africa
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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. S...
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 me...
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 dec...
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 ...
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 cha...
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...
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...
PPC reports strong 1H25 performance
PPC Ltd has reported a solid operational performance for the six months ended 30 September 2025, with group EBITDA rising 23.5 per cent YoY to ZAR983m, supported by improved ...
Dangote Cement expands into Botswana with US$336m plant
Nigeria’s Dangote Cement Plc is expanding into Botswana with a US$336m investment to build a blending plant — part of its wider continent-wide growth strategy. The project...