Fossil to recapitalise Lafarge Zimbabwe
Fossil Mining, the new owner of Lafarge Zimbabwe, has said it plans to keep the company on the Zimbabwe Stock Exchange once its takeover of the cement producer is completed. Ac...
Southern Africa
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Cheetah Cement ordered closure
Namibia’s labour ministry has ordered Chinese-owned Cheetah Cement plant at Otjiwarongo to stop production due to health concerns. The ministry says a team of occupational ...
South Africa’s long walk to recovery
While 2021 saw some pick-up in South Africa’s cement market, analysts do not expect a full recovery before mid-2024. By Industry Insight, South Africa. As the COVID-19 m...
South African cement imports up 19% in 11M21
Cement imports into South Africa surged to their highest level in 2021 as they reached 161,555t in November despite the government drive to use domestically-produced product an...
PPC to build 30MW solar plant in Zimbabwe
South Africa-based PPC will build a 30MW solar power facility at its Colleen Bawn clinker plant in Zimbabwe as part of its decarbonisation strategy. The clinker works will ...
PPC posts better-than-expected 1H in Zimbabwe
South Africa-based PPC has said its cement sales volume in Zimbabwe surpassed expectations as sales increased by 19 per cent in the six months to September as cement demand in ...
Lafarge Mauritius and Kolos reduce cement price
After Mauritius-based cement importer Kolos Cement Ltd dropped its retail price for Eco Plus cement from MUR143.84/bag (US$3.37/bag) to MUR135.84, Lafarge Mauritius has announc...
PPC not to raise capital and focus on growth
South Africa-based PPC has successfully refinanced its debt and is close to finalising its restructuring. Therefore, the company will not require a capital raise, said its CEO,...
Cement sales stabilise in South Africa in the 3Q20
Sales of cementitious products in South Africa edged up 0.3 per cent in the third quarter of 2020 to 3,457,438t when compared with 3,447,822t in the 3Q19, according to Levitt K...
Zambezi Portland Cement produces 1.2Mt
Output from Zambia-based Zambezi Portland Cement reached 1.2Mta following the EUR23m capacity expansion project at the Ndola plant, which has seen an extra 100 staff employed. ...