Afrimat Construction Index improves in 4Q24
In the 4Q24 the Afrimat Construction Index (ACI), which reflects the level of activity within South Africa's building and construction sectors, has improved for the third-conse...
Southern Africa
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Whale Rock plans to acquire Schwenk Namibia
Whale Rock Cement (Pty) Ltd , the parent company of Cheetah Cement, has filed a notice to acquire Schwenk Namibia, which holds a majority stake in Ohorongo Cemen t. If su...
PPC Zimbabwe to accelerate solar plants construction
Pretoria Portland Cement (PPC) Zimbabwe will accelerate the construction of two solar power plants with a combined capacity of 30MW in Colleen Bawn and Bulawayo to enhance po...
Zimbabwe considers limestone deposit consolidation amid efforts to reduce cement costs
The government of Zimbabwe is exploring the consolidation of limestone deposits under either the Industrial Development Corporation of Zimbabwe (IDCZ) or the Ministry of Mines ...
PPC cement sales fall in 4M24-25
PPC cement sales declined 4.6 per cent in South Africa and Botswana in the first four months of FY24-25. However, revenue increased by 1.6 per cent YoY, supported by a 5.5 per ...
Khayah Cement cites construction boom as an opportunity for growth
Khayah Cement , formerly known as Lafarge Cement Zimbabwe, has forecast that the cement sector is set to grow following a boom in the construction industry, driven by inves...
Botswana to boost production by 20% by September
Cement production in Botswana is expected to increase by 20 per cent in preparation for new import restrictions being introduced by the country’s government from the strat of O...
Botswana to restrict cement imports
Botswana’s government plans to introduce new restrictions for the import of cement in 50kg bags and only allow 1000kg bags from 1 October 2024, according to the Minister of Tra...
Capex falls behind targets for PPC
PPC has announced that its capital expenditure fell behind targets for the period ending March 2024. This was due to a delay in the company’s fly ash project in Zimbabwe, whi...
PPC's success in Zimbabwe is contrasted by surrounding regions
South Africa-based cement manufacturer PPC Cement SA (PTY) Ltd has announced that its operations in Zimbabwe are now debt free, with EBITDA improving 13.6 per cent, for the 1...