Not for nothing is Afrimat a favourite among small-cap investors. The junior miner — which is exposed to the construction sector through its quarrying and aggregates business and to the mining industry through its Demaneng iron ore mine — has grown interim profit 11% to R353m despite the closure of much of its business over SA’s initial lockdown. Its shares are up more than 17% in the year to date and 67% over five years, whereas firms like Aveng, for example, are down 98%. We spoke to CEO Andries van Heerden.

Are you seeing any evidence of President Cyril Ramaphosa’s infrastructure pledges in actual construction work now?..

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