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 Ki...
Southern Africa
71 posts · Page 7 of 8
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. Z...
Sino Energy International eyes Mozambican cement plant
China-based Sino Energy International Holdings Group Ltd has signed a non-binding Memorandum of Understanding (MoU) with Sino-Harbor Construction Group (Hong Kong) Ltd for the a...
PPC settles cement cartel case
PPC has reached a settlement agreement with South Africa’s Competition Tribunal on the cement cartel case, bringing the 12-year matter to a close, reports Business Weekly. The a...
PPC sees group revenue decline 2% YoY
South Africa-based PPC has seen its group revenue decline two per cent YoY to ZAR10.241bn (US$618.23m) in the year ending 31 March 2020, compared with ZAR10.494bn in the previou...
Eswatini faces cement shortage
Significant players in Eswatini’s construction industry have seen projects stall due to a cement shortage, according to The Swazi Observer. Nhlanhla Dlamini, CEO of the Construc...
Namibia’s cement sales affected by COVID-19
The lack of economic activity due to the coronavirus pandemic has affected cement sales by Ohorongo Cement, said Frankleen Alberts, the company’s customer relations and public a...
PPC considers restructuring and refinancing options
Following reports that South Africa’s PPC was looking to raise ZAR1.25bn (US$71.51m) from a rights issue, the company has stated that it is currently in talks with lenders befor...
South African cement sector is operating in survival mode
Bheki Mthembu, head of the inland business unit of PPC, says the lack of large-scale construction projects in South Africa has left cement producers heavily dependent on residen...
Competition Commission to hold public consultation on Ohorongo Cement sale
The Namibia Competition Commission has advised that members of the public can contribute their views on the proposed sale of Ohorongo to West China Cement. Members of the public...