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AfriSam News

Comair dealing with poor economic situation in SA

7th September 2017 The weak South African economy is affecting the local airline sector. Keith Campbell reports on how one local airline group, Comair, is meeting the challenge. 

PPC receives two other indicative merger proposals as AfriSam submits revised offer

4th September 2017 AfriSam has submitted a revised merger proposal to PPC, while a regional unit of Fairfax Africa Investments has offered to buy R2-billion of PPC shares, subject to PPC shareholders agreeing to the merger with AfriSam.   PPC on August 25 announced that merger negotiations between itself and... 

AfriSam terminates PPC merger terms, eyes new proposal

25th August 2017 Merger negotiations between cement producers AfriSam and PPC have been terminated after AfriSam on Wednesday retracted the heads of terms (HoT) that were entered into in February. JSE-listed PPC on Friday said AfriSam planned to rather submit an undisclosed new proposal regarding a possible... 

AfriSam sees merger as key to surviving cement glut

25th August 2017 Cement manufacturer AfriSam sales and marketing executive Richard Tomes has stressed the need for the cement manufacturing industry to consolidate. On a site visit with members of the media to its Ulco plant, in the Northern Cape, earlier this month, he said the situation in the industry was... 

AfriSam stresses the need for industry consolidation

1st August 2017 Cement manufacturer AfriSam sales and marketing executive Richard Tomes has stressed the need for the cement manufacturing industry to consolidate. On a site visit with members of the media to its Ulco plant, in the Northern Cape, on Tuesday, he said the situation in the industry was “pretty... 

PwC Tower receives commendation in Fulton Awards

23rd June 2017 The PwC Tower, in Midrand, which is nearing completion, has received a commendation in the buildings greater than three storeys category at the 2017 biennial Fulton Awards, hosted by the Concrete Society of South Africa. The PwC Tower is the twenty-fourth tallest twisted building in the world and...