Afrimat Limited distances itself from all Telegram and other social media groups which purport to operate unlawful investment and other related schemes in its name
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 wish to irrevocably state that […]
Afrimat Construction Index returns to growth
“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 materials, industrial minerals, bulk commodities […]
Afrimat distances itself from Telegram group which purports to operate an unlawful investment brokering scheme in its name
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 Afrimat logo set as the […]
Healthy results are delivered by Afrimat with substantial progress and investment made on strategic projects to further support growth
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 ratio of 6,2% Net cash […]
Afrimat’s Nkomati Anthracite Mine proudly opens Sikhwahlane Community Hall
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 its Local Economic Development (LED) […]
Afrimat Construction Index shows positive real growth in second quarter of 2023
“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 future materials and metals, has […]
Afrimat proudly unveils two new classrooms at Unobhala Secondary School in rural KZN
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, under the leadership of the […]
Afrimat to expand its national Construction Materials footprint with acquisition of Lafarge South Africa
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 Holcim Group, is a provider […]
Afrimat delivers resilient results, bolstered by strategic projects and ongoing diversification strategy
Highlights Group revenue up 4,9% to R4,9 billion Operating profit margin of 19,6% Headline earnings per share (‘HEPS’) of 457,6 cents Final dividend per share of 110,0 cents Net asset value (‘NAV’) per share up 19,4% to 2 591 cents Return on net operating assets 24,0% Net debt:equity ratio of 4,4% Net cash from operating […]
Afrimat moves to “General Mining” sector of the JSE
More accurately depicts the group’s operations 20 March 2023 – Today, Afrimat, a leading mid-tier open-pit mining company providing Industrial Minerals, Bulk Commodities, Construction Materials and Future Materials and Metals, announced that its JSE listing classification will change from the Basic Materials, Construction sector to the General Mining sector. Through confirmation from FTSE Russell the […]