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Africa & The Middle East

 
 

Ketso Gordhan resigns as PPC CEO

The South African cement maker will see non-executive chairman Bheki Sibiya become executive chairman until a new CEO is found.

 
 

Lafarge Zimbabwe reports drop in revenue in 1H14

The cement company has reported its financial results for the first half of this year, which reflect the challenging economic conditions presently being felt in Zimbabwe.

 
 

Uganda’s Tororo Cement joins UCMP

Tororo Cement Limited (TCL) has become the latest company to join the Uganda Chamber of Mines and Petroleum (UCMP).

 

Cement exports earn Ethiopia US$9.5 million

A significant increase in cement exports to neighbouring African countries has earned Ethiopia US$9 million more in the most recent budget year compared to the year earlier.

 
 

PPC says South African market is ‘tough’

According to reports, the South African cement manufacturer has cited slower economic growth and decreased infrastructure spending as reasons for lower cement sales volumes.