By - Whitehopleman
Whitehopleman reads on CemNet Newsroom on 23rd March 2018 that Dangote-owned Sephaku Cement has posted a 16 per cent drop in its full-year profit, despite revenue increasing by 3.7 per cent in 2017. The stated reason being that South African economic growth was largely subdued in 2017 and that the cement industry similarly demonstrated only a modest improvement in pricing and customer mix stability.
Whitehopleman was heavily involved in South Africa in 2017 visiting the AfriSam Dudfield and PPC Slurry cement factories nearby to Sephaku’s Aganang cement plant. Historically Dr Clark spent considerable time at the now Lafarge Lichtenburg plant also in the same region of South Africa.