Enables Afrimat to increase offering across construction materials space and support ongoing diversification 10 April 2024 – Afrimat, a leading mid-tier mining and materials company providing Construction Materials, Bulk Commodities, Industrial Minerals and Future Materials and Metals, today notified shareholders that the Competition Tribunal granted approval for the Lafarge acquisition.…
Johannesburg, 19 March 2024 – Afrimat, the JSE-listed mid-tier mining and materials company providing construction materials, industrial minerals, bulk commodities, and future materials and metals, has released the findings of its Afrimat Construction Index (ACI) for the fourth quarter of 2023. The ACI is a composite index of the level…
During the past two years, several fake Telegram and WhatsApp accounts have been established utilising Afrimat’s Corporate Identity and/or the names and photos of senior Afrimat management, offering services that range from investment brokering to cryptocurrency trading. We have recently seen an influx of these fraudulent schemes on Telegram. I…
“Driven predominantly by strong performances from new job creation, building material production, and the value of wholesale trade sales of construction materials, activity in the construction sector enjoyed a buoyant third quarter.” Dr Roelof Botha. Johannesburg, 7 December 2023 – Afrimat, the JSE-listed mid-tier mining and materials company providing construction…
It was recently brought to my attention that a Telegram group, marketing itself as an investment scheme, was created in the name of Afrimat Limited. This follows a similar unlawful cryptocurrency scheme that was also operating on Telegram last year. Like the previous unlawful group, clear imaging of the official…
Highlights Group revenue up 9,6% to R2,8 billion Headline earnings per share (‘HEPS’) up 4,4% to 263,4 cents Interim dividend per share of 40,0 cents Operating profit margin of 18,8% Net asset value (‘NAV’) per share up 10,8% to 2 750 cents Return on net operating assets 22,7% Net debt:equity…
Afrimat’s Nkomati Anthracite Mine in Mpumalanga today officially opened the Sikhwahlane Community Hall in Matsamo, in partnership with the Matsamo Tribal Authority, Nkomazi Local Municipality and the Department of Mineral Resources and Energy. Nkomati Anthracite committed over R2 900 000.00 to fund the construction of a brick-and-mortar community hall as part of…
“The sharp decline in the consumer price index could soon lead to a more accommodating monetary policy stance and trigger a rise in construction sector activity.” Dr Roelof Botha. Johannesburg, 13 September 2023 – Afrimat, the JSE-listed mid-tier mining and materials company providing construction materials, industrial minerals, bulk commodities and…
Today, Afrimat’s Pietermaritzburg Quarry unveiled two additional, newly built classrooms at Unobhala Secondary School, in partnership with the Department of Education and the Department of Mineral Resources and Energy, expanding the school’s infrastructure to 12 classrooms with offices. Unobhala Secondary is in rural KwaZulu-Natal’s uMkhambathini Municipality, in the Nkanyezini area,…
20 June 2023 – Leading mid-tier mining and materials company, Afrimat, today announced the acquisition of Lafarge South Africa Holdings (Pty) Ltd (“LSA”), including all its subsidiaries (“LSA Group”), subject to the fulfilment of conditions precedent relating to the receipt of customary regulatory approvals. LSA Group, a member of the…
