Frelimo holding company sells cement plant stake in $85m deal
A Singaporean company has agreed to pay $85 million for a majority stake in a…
Browsing: Cement
Cimentos da Beira ‘trading as normal’ as UK parent enters administration
The owner of Cimentos da Beira, UK-listed Ambrian, has entered administration after admitting it faced…
Cimentos da Beira seeks outside finance to make ends meet
London-listed Ambrian, the owner and operator of Cimentos da Beira, says it needs both short…
New tax regime to stimulate Mozambique’s graphite, cement, and beer industries
Mozambique’s Council of Ministers yesterday approved tweaks to the country’s tax code to promote domestic…
Mozambique plans new laws to boost energy-from-waste production
The Mozambique government plans to bring in new laws to regulate the production of refuse-derived…
Imports could kill off Mozambique cement industry, warn producers
Mozambique’s biggest cement producer has warned that continuing to import cement could kill off the…
Premier African Minerals closes Mozambique limestone prospect deal
Premier African Minerals has completed its $2.1m acquisition of a 52% stake in TCT Industrias…
Foreign exchange crisis threatens Mozambique’s growing cement industry
Mozambique’s foreign exchange shortage is hitting domestic cement producers who are struggling to secure finance…
Heidelberg Cement buys Mozambique plant for $10 million
German multi-national Heidelberg Cement has bought a cement factory in Mozambique for €8.8 million ($10m)…
Government shuts cement warehouses for over-charging – O Pais
A government regulator has shut down three cement warehouses in the northern port city of…