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habesha cement in south africa

Habesha Cement cease production citing security …

Sources told The Reporter that main shareholder, CPP Company of South Africa’s has sent its agents to Addis Ababa to discuss the security situation of the factory. Board of Directors of CPP, Habesha Cement, Senior Management Officers and Offshore Banking Authorities met at the Golden Lule Hotel.

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Cement price hikes | The Reporter Ethiopia English

Habesha made only 11 percent increment.” Cement is an energy intensive industry. Seventy percent of the production cost is coal import which the bulk of it is imported from South Africa. The price of cement was 60 birr per quintal until 2002. It soared during the Ethiopian millennium in 2008 to 500 birr.

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Habesha to start construction of its cement plant ...

Habesha Cement Share Company (HCSCo) announced that the construction of its cement plant will start by early next year. Mesfin Abi, CEO of HCSCo, told journalists that Eastern and South Africa Trade and Development Bank (PTA Bank), one of the two financers for Habesha, has opened a letter of credit (LC) to the contractor on …

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Pretoria Portland Cement Company directors and …

South Africa’s Pretoria Portland Cement Company Limited (PPC) and South Africa’s Industrial Development Corporation (IDC) are pleased to announce that they have jointly secured a 47% equity stake in the Habesha Cement Share Company (HCSCo) of …

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PPC Invests in Ethiopia - ppc.co.za

In July 2012, PPC Ltd and South Africa’s Industrial Development Corporation (IDC) respectively acquired a 27% equity stake in Ethiopia’s Habesha Cement Share Company (HCSCo). PPC subsequently acquired shares from the other shareholders to take the original 27% to 31% and is in the final stages of acquiring the IDC’s 20%, …

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building | The South African

South Africa’s Pretoria Portland Cement (PPC) and the Industrial Development Corporation (IDC) are to pay $21 million for a stake in Ethiopia’s Habesha Cement …

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GAUTRAIN, SOUTH AFRICA HARARE …

GAUTRAIN, SOUTH AFRICA 26o 8’ 12.0221” S 28o 14’ 28.1252” E HARARE INTERNATIONAL AIRPORT, ... readymix concrete, fly ash and aggregates. As Africa’s upward economic growth trajectory ... a stake in Habesha Cement, Ethiopia Name changed to PPC listed on JSE for PPC Ltd 100 years

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Habesha Cement suspends production due to security …

The South African cement producer, PPC, has a 51 percent stake in Habesha Cement while the balance of the shareholding in Habesha is held by around 16,000 local shareholders. Sources told The Reporter that representatives of PPC came from South Africa to deliberate on the matter.

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July 2013 Quarterly - Kagiso

July 2013 Kagiso Asset Management Quarterly. ... has recently invested in two significant new projects in Africa: Cimerwa in Rwanda and Habesha Cement in Ethiopia. In Rwanda, the company has commissioned the construction of a new cement plant. PPC is also in the final stages of evaluating ... Cement in South Africa

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Habesha Cement | Establishment

Establishment. Habesha Cement Share ... of Habesha cement Share Company is ... and the first choice in East Africa. Company’s Identity . The name Habesha is a brand ...

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PPC acquires stake in Habesha Cement, Ethiopia

South Africa’s Pretoria Portland Cement Company (PPC) has become the largest shareholder in Habesha Cement (HC) acquiring 10 per cent shares worth ETB70m last week, according to local press reports. A memorandum of understanding (MoU) was signed in December 2010, last year, for the acquisition of ...

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PPC, IDC enter Ethiopian cement market - Brand South Africa

South Africa’s Pretoria Portland Cement (PPC) and the Industrial Development Corporation (IDC) have teamed up to acquire a 47% equity stake in Ethiopia’s Habesha Cement Share Company (HCSCo), and will help build a US$130-million cement plant in the east African country. PPC announced on ...

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Ethiopia - Cement industry news from Global Cement

Displaying items by tag: Ethiopia. ... Tamiru Wondimagegn has been appointed as board chairman of Habesha Cement. He is a prominent lawyer and board member of Habesha Cement. He succeeds Gizaw Teklemariam, who previously worked in the oldest state owned cement factory, Mugher. ... The import issue to South Africa reignited last …

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Ethiopian cement focus - Global Cement

Ethiopian cement focus. 24 January 2013 View across Addis Ababa, the highest capital in Africa, rising to over 3000m in places. ... These are now less likely since the acquisition of Habesha shares by South Africa's PPC and the South African International Development Corporation (IDC) in July 2012. 22

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