Project Description
AfriSam is the largest black-owned and controlled cement producer in South Africa. Phembani Group controls AfriSam and holds a 30.5% stake.
Founded in 1934, AfriSam is the second-largest cement producer in South Africa.
Founded in 1934, AfriSam is the second largest cement producer in South Africa, with about one third of the market share. It is a leading supplier of building and construction materials in Southern Africa.
AfriSam’s presence in Tanzania is through its 62.5% shareholding in Tanga Cement Company Limited, listed on the Dar es Salaam Stock Exchange and trading under its brand name, Simba Cement. Tanga Cement is the number two player in Tanzania.
Tags Infastructure
