The sustainability of the local industry is under threat, say producers, as concrete makers face a perfect storm of oversupply and cheap imports
Higher-ups in the cement industry testifying before the competition commission have admitted to over 10 years of collusion
The cement giant will allow investors to nominate directors to its board – and in doing so, has averted a showdown.
PPC says its acquisition of Safika Cement Holdings has been approved by the Competition Tribunal, which will add to the growth of its SA footprint.
Chief executive believes sitting on cement laurels won’t give you piles of cash.
Cement maker Pretoria Portland Cement is to sell a 6.5% stake to its staff and black investors in a deal worth about $133.4-million.
