Protect yourself against fraudulent scams
Attention: Protect yourself against fraudulent scams Afrimat has detected an increase in sophisticated fraudulent activities targeting both investors and suppliers. Scammers are currently using fake social media accounts, impersonating Afrimat personnel, and creating professionally duplicated websites to trick individuals and businesses. Please review the critical safety warnings below to ensure you do not become a […]
Beware of cyber criminals who exploit reputable companies’ brand identity
Summary of article as published on News 24. According to a News24 report, South African business executives are increasingly being impersonated by criminals on social media and through cloned websites, who exploit the companies’ brand identities. Andries van Heerden, CEO of Afrimat, shared with News24 that these scams have become highly sophisticated. In one instance, […]
Diversification at Afrimat remains its pillar of strength
Highlights – Group revenue of R2,5 billion – Headline earnings per share (“HEPS”) of 180,7 cents – Contribution from operations’ margin 14,3% – NAV per share of 857 cents – Final dividend per share of 42,0 cents – Return on net operating assets 21,8% – Net debt:equity ratio improved from 42,4% in August 2017 to […]
For Afrimat, true transformation means giving people the chance to succeed in life
The story of Bongani Nkonyane Cape Town, 14 February 2018 – For many companies, transformation remains a tick-box exercise; in most cases it’s simply about adhering to BEE Codes and ensuring leadership equity. But for Afrimat, a leading open-pit mining company supplying industrial minerals and construction materials to the market, it’s about far more than […]
Afrimat puts record straight regarding Competition Commission inquiry
Afrimat puts record straight regarding Competition Commission inquiry Johannesburg, 3 April 2017 – Afrimat, a leading open pit mining company providing industrial minerals and construction materials, herewith responds to statements in the media concerning the Competition Commission’s referral of a complaint to the Competition Tribunal. Andries van Heerden, CEO of Afrimat confirms that, “the affected […]
Afrimat declares another fine set of results
Highlights: – Contribution from operations margin 16.3% – HEPS up 15.5% to 156.6 cents per share – Net debt:equity ratio of 3.5% – Final divided per share of 41 cents per share Johannesburg, 19 May 2016 – Afrimat, a leading open pit mining company providing industrial minerals and construction materials, today released full year results […]
Afrimat, focused diversification delivering results
– Contribution from operations margin 16,0% – HEPS up 24% to 76 cents – Net debt:equity ratio 14% – NAV per share of 671 cents – Interim dividend up 23% to 16 cents per share – Return on net operating assets 28% Johannesburg, 9 November 2015 – Afrimat Limited (“Afrimat”), the JSE-listed black empowered open […]
Afrimat buys Cape Lime, another strategic acquisition to boost diversification
Monday, 12 October, Cape Town – Afrimat Limited (“Afrimat”), the JSE-listed black empowered open pit mining group that supplies industrial minerals and construction materials, today announced another strategic acquisition that will further diversify its product offering, in line with the group’s strategy. Afrimat is acquiring lime and associated products producer, Cape Lime, which has roots […]