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JSE-listed cement and construction materials company PPC has reported a 20.9% year-on-year increase in revenue to R6-billion for the six months ended September 30. Its earnings before interest,...
Barloworld expects a 10% to 15% decline in the 2024 Southern African mining equipment industry on the back of slowing commodity demand and weak commodity prices. “Having said that, we are...
JSE-listed construction materials supplier PPC has concluded an agreement to sell its 51% shareholding of Rwandan integrated cement manufacturer Cimerwa for $42.5-million to Kenya-based National...
Precast concrete manufacturer Colossal Concrete Products reopened its De Aar manufacturing plant, in the Northern Cape, in September following the conclusion of a one-year contract with State-owned...
Cement manufacturer PPC's share price on the JSE rose by nearly 9% on November 9, after the company reported an expected swing to earnings a share for the six months ended September 30. The company...
The Competition Commission has recommended that the Competition Tribunal approve the proposed transaction whereby Afrimat intends to acquire Lafarge, with conditions. The commission found that the...
Contract changes within the construction industry and conditions that are slashing margins are becoming a growing threat to contractors, “contributing to the downward spiral of the construction...
Construction materials company Sephaku Holdings (SepHold) expects to report a 24% to 32% year-on-year decrease in its basic earnings per share (BEPS) for the six months ended September 30. The...
Renowned for its drive technology, automation specialist SEW-EURODRIVE partners with clients in the design and implementation of automation projects at their plants, factories and warehouses –...
Mid-tier mining and materials company Afrimat’s strategy to diversify between commodities and revenue streams, coupled with stringent capital allocation, has enabled the group to continue to...
Requests for proposals (RFPs) to redevelop the Tygerberg Hospital in Cape Town are expected to go out next year, says Western Cape government Department of Health and Wellness communication deputy...
Steel producer ArcelorMittal South Africa (AMSA) is moving ahead with a study into the production of green hydrogen directly reduced iron (gHDRI) at its mothballed Saldanha Steel Works, in the...
Construction, agriculture and forestry machinery and equipment manufacturer Wacker Neuson has turned around the performance of its business in South Africa and is expanding its presence in Southern...
London-listed Rainbow Rare Earths has signed a letter of intent (LoI) to enter into an offtake agreement with international trading company Nexus Intertrade, under which Nexus will acquire gypsum...
Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.”
Midtier mining and materials company Afrimat expects to report earnings per share (EPS) of between 252.4c and 265c and headline earnings per share (HEPS) of between 257.2c and 269.8c for the six...
The revenue for cement manufacturer PPC’s South Africa and Botswana divisions for the five months ended August 31 increased by 5% year-on-year, the company reported in an operating update on...
The negative impact on the South African economy caused by substituting local cement production with imported cement was highlighted in a report released by cement manufacturer PPC in conjunction...
In a stark assessment of South Africa's economic performance Centre for African Management and Markets (CAMM) founding director and Gordon Institute of Business Science (GIBS) economics lecturer Dr...
Wilson Bayly Holmes-Ovcon (WBHO) is back, “and we are back on a very strong footing”, says CEO Wolfgang Neff. “We had an exceptional year in a difficult period.”
The European Union (EU) starts the initial phase of its plan for the world's first carbon border tax next month, requiring importers to report the carbon dioxide (CO2) emissions of products sold...
A new Centre for Development and Enterprise (CDE) report argues that the South African government’s policy of localisation is locking the country “into the wrong path” of rising protection and...
The machinery and capital equipment industry is “very quiet” and many businesses are reluctant to spend on marketing or new procurement, owing to challenges such as power failures, water cuts,...
Global body World Steel Association director-general Dr Edwin Basson contends that signficant trends such as climate change and the need to decarbonise industrial activity, as well as...
JSE-listed PPC has appointed Matias Cardarelli as CEO, following an extensive search for a suitable successor for Roland van Wijnen, whose contract expired on August 31 and was extended to December...
Trade, Industry and Competition Deputy Minister Fikile Majola has stressed the impact of the local steel industry and its importance to South Africa’s industrialisation, and the challenges that the...
South African manufacturer, franchiser and retailer of tiles, bathroomware and other complementary home-finishing products Italtile achieved solid retail results, built up manufacturing capacity...
The Department of Forestry, Fisheries and the Environment (DFFE) announced in June that the National Air Quality Officer (NAQO) has granted State-owned power utility Eskom a postponement to meet...
After the successful commissioning of State-owned power utility Eskom’s third microgrid, at the Swartkop dam, in the Northern Cape, the company aims to launch its next two microgrids at Nomalengena...
Thermal solutions specialist Industrial Water Cooling (IWC) is working with State-owned power utility Eskom on the refurbishment of two natural draught cooling towers at its Kriel power station, in...
Global crude steel production for the 63 countries reporting to the World Steel Association increased by 6.6% year-on-year to 158.5-million tonnes in July. Africa witnessed a surge in production to...
Owing to its 100/0 principle, fastener specialist Bolt and Engineering Distributors (BED) Group’s Welkom branch, in the Free State, maintains a firm position as supplier of choice to the mining,...
Industry body the Southern African Institute of Steel Construction (SAISC) launched its ‘brand for hire’ initiative in June as a means of improving the organisation’s financial sustainability while...
Despite contributing only a small percentage to global steel production, the South African steel sector supplies critical components to the global economy, says industry body Southern African...
Industry association Cement & Concrete SA (CCSA) has launched a vacancy notice board (VNB) on its website in response to the growing demand for skilled employees at all levels in the industry. The...
JSE-listed cement and construction materials producer PPC has launched a PPC Employee Share Ownership Trust, which has acquired 10% of the share capital of PPC South Africa for the benefit of the...
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