Sephaku: Surviving while paying its debt aggressively
The company, much like the industry, is in survival mode at the moment as it tries to cut expenses wherever it can
31 October 2019 - 12:00
Sephaku is one of the companies affected by the sluggish economic conditions in SA. It has a 36% stake in Dangote Cement SA, which manufactures the Sephaku Cement brand, and owns 100% in Métier Mixed Concrete.
The ready-mixed concrete business in SA has not exactly thrived in the past few years given the backdrop of poor economic conditions and poorly performing state-owned enterprises. Macroeconomic expenditure in construction has been on the decline for some time now and this has taken its toll on the sector as a whole...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.