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The Competition Tribunal has heard that executives of Lafarge called the managing director of its South African subsidiary to Paris after its market share dropped and told him to set up a cartel. (Balint Porneczi/Bloomberg via Getty Images)
CARTELS

How the cement cartel was built

Major international companies have been implicated in the collusion

  • Lloyd Gedye
8 min read
Apart from supply and demand dynamics, local manufacturers are also subject to rigorous regulations, including environmental impact assessments, strict quality controls, and labour and employment regulations. (AFP)
AFRISAM

Workings of post-apartheid cement cartel laid bare

Higher-ups in the cement industry testifying before the competition commission have admitted to over 10 years of collusion

  • Lloyd Gedye
8 min read
Last week
ISLAMIC STATE IN IRAQ AND

Former-CEO of international cement company denies paying $12.9-million to ISIL

Former CEO of the French-Swiss cement maker said he was made aware of payments to the Islamic State in August 2014, contradicting a previous account.

  • Agence France Presse
3 min read
South African manufacturers exporting products such as steel, aluminium, cement, fertilisers, chemicals, electricity and hydrogen will have to provide emissions data by 2026. Photo: File
CEMENT

Kenyan cement giant awaits directors’ approval for SA plant

Plans are afoot to build a cement plant in South Africa although procedure and budget have not been approved as yet.

  • Eric Ombok
1 min read
AFRISAM SOUTH AFRICA

Cartel charges cemented as Lafarge takes on R149m fine

Cement producer Lafarge Industries SA has admitted to participating in a cartel since 1996, and agreed to pay a fine of R149-million.

  • Lloyd Gedye
2 min read