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South Africa should prioritise its decarbonisation strategy, as it has a carbon intensity much higher than most countries, and $1.5-billion of exports to the European Union (EU) are at risk in the...
Wilson Bayly Holmes-Ovcon (WBHO) this week revealed a record order book as the company reported its financial results for the six months ended December 31. At around R26.5-billion, the order book...
JSE-listed building materials and products retailer Cashbuild says its results for the six months ended December 25, 2022, reflect the current tough economic and trading environment. The company's...
The International Finance Corporation (IFC), the World Bank's investment arm, said on Monday it would invest €242-million ($256-million) in Senegal's largest integrated cement manufacturer, Sococim...
JSE-listed aggregates and mining company Afrimat's executives on February 17 reported to shareholders that the company was performing well in difficult times and that there were several projects...
JSE-listed Barloworld has reported “pleasing results” in its core businesses in the industrial equipment and consumer industries verticals during the four months ended January 31. In a voluntary...
Tile company Italtile has delivered underwhelming results for the six months to December 31, 2022, with the group’s trading profit 8% lower year-on-year to R1.4-billion, while operating costs...
Construction of the Msikaba cable-stayed bridge near Lusikisiki, in the Eastern Cape, should be complete in the last quarter of next year. Work on the project, which forms part of the N2 Wild...
Completed in January, the newly renovated and extended Steenbok Clinic, in Steenbok, Mpumalanga, was recently opened to the public following a partnership to renew it by JSE-listed industrial...
PPC, South Africa’s largest cement maker, is considering selling its Zimbabwe business for about $200-million, according to people with knowledge of the matter. A sale will help the company,...
The Competition Commission has approved the proposed transaction whereby steel maker Trident Steel subsidiary Trident Steel Africa (TSA) intends to acquire Aveng subsidiary Aveng Trident Steel...
Electric motor repair service provider Marthinusen & Coutts finalised the manufacture and delivery of four new replacement field coils and poles for a 25 MVA 36-pole generator at a hydroelectric...
The JSE share price of steel producer ArcelorMittal South Africa (AMSA) fell by nearly 22% on January 24, after it warned of lower profits for the financial year ended December 31, 2022. In a...
This year is likely to be a difficult year for the cement industry, World Cement Association (WCA) director Emir Adiguzel says. He notes that a number of issues, such as tighter monetary policies,...
Steel manufacturers should work with coal producers to curb methane leaks from mines to reduce the overall warming impact from making the alloy, according to a report from energy think tank Ember....
The Public Investment Corporation (PIC) has increased its shareholding in JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat to 15.48%. The Afrimat group...
Construction sector activity moved strongly into positive territory in the third quarter of the year, with the latest Afrimat Construction Index (ACI) outperforming the overall economy. The latest...
Cement and Concrete South Africa (CCSA) is preparing an application for generalised tariff protection on imported cement, arguing that antidumping duties against exporters from specific countries...
Following a harrowing two years for the construction sector, this year started with cautious optimism amid promises that a series of major infrastructure works would be fast-tracked, says Master...
There are some green shoots in the South African construction industry, despite predictions that the sector is facing imminent collapse, says Construction Industry Development Board (CIDB) CEO...
As a significant contributor to global carbon emissions, the construction industry is being compelled to adopt more sustainable practices, especially if it is to meet climate change mitigation...
Sentiment in the building construction sector, as measured by the financial services firm FNB and the Bureau for Economic Research (BER) Building Confidence Index, slipped to 33 in the fourth...
Investment holding and management company Invicta Holdings has reported a strong set of results for the six months ended September 30, with headline earnings a share up 43% year-on-year to 268c....
JSE-listed building and construction materials company Sephaku has appointed Kenneth Capes SepHold CEO, with effect from April 1, 2023. Capes is currently the CEO of wholly-owned subsidiary Métier...
The entire South African cement and concrete industry is threatened by multiple challenges of economic decline, the crisis in the construction industry, cheap imports and environment-related...
JSE-listed diversified chemicals producer Omnia grew its interim earnings before interest, taxes, depreciation and amortisation, excluding its Zimbabwean operations and impairments, by 30%...
Cement producer PPC says it is well positioned to benefit from any uptick in South African cement demand given that it has immediate capacity on standby that will require no additional capital...
Heavy-duty equipment multinational Barloworld says it will unbundle and separately list Zeda, the group’s integrated vehicle mobility solutions provider. Zeda trades under the Avis and Budget...
The Steel and Engineering Industries Federation of Southern Africa (Seifsa), in partnership with the Mining Equipment Manufacturers of South Africa (Memsa), hosted the yearly Metals and Engineering...
Local steel products supplier Stewarts and Lloyds formed Stewarts and Lloyds Projects & Contracts – a new addition to the Stewarts and Lloyds Group – to support the local civil engineering industry...
Building materials and solutions provider PPC’s strategic actions have enabled the group to continue to reduce debt and maintain its market leading position in its core market despite challenging...
Building materials company Sephaku Holdings has posted a net profit after tax of R26.7-million for the six months ended September 30, building on the net profit after tax of R17.8-million it posted...
The Master Builders Association (MBA) North has issued a practice note for its members aimed at helping them fight back against what it calls unethical contractual practices that have become...
Building materials company Sephaku Holdings (SepHold) expects its headline earnings per share (HEPS) for the six months ended September 30 to increase to between 11.11c and 11.67c, representing an...
There are some green shoots in the South African construction industry, despite predictions that the sector is facing imminent collapse, says Construction Industry Development Board (CIDB) CEO...
A consortium of dozens of research nonprofits on Wednesday launched a free online platform that details greenhouse gas emissions around the world across 20 economic sectors. Climate Trace, which...
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