Press Releases

Capitalising on escalating demand in the country for coal, JSE construction materials supplier Afrimat has secured the R90 million contract to supply coarse and fine aggregate for phase 1 of the Medupi coal-fired power station in Lephalale, Limpopo. The contract

JSE Main Board construction materials supplier, Afrimat Limited, today introduced a consortium (“the consortium”) led by Mvelaphanda Holdings (Pty) Limited (“Mvela”) as the group’s new BEE partner. The deal currently gives the consortium options to purchase up to 27,8 million

Robust infrastructure investment continues to drive organic growth at black empowered construction materials supplier Afrimat Limited, resulting in headline earnings up by 79,5% to R92,5 million for the year to February 2008. The group’s strong results extend to all key

It’s just been over a year since Afrimat, a supplier of building and construction materials throughout southern Africa, listed on the JSE. The success of the listing marked a pinnacle in the company’s history — built on humble beginnings, the

JSE black empowered construction materials supply group Afrimat, has more than doubled headline earnings from this time last year to R47,6 million for the six months to August 2007. The interim period saw the group conclude two earnings-enhancing acquisitions –

In a move to further entrench its strong foothold in metropolitan areas, black empowered building supplies group Afrimat Limited has purchased two quarries and a concrete block and brick factory in KwaZulu-Natal in its second acquisition since listing. The strategically