South Africa’s gross domestic product (GDP) contracted by 0.3% in the fourth quarter of 2016, Statistics South Africa said on Tuesday.
Sephaku Holdings has announced that a heads of agreement has been signed with Dangote in relation to the funding of a cement project held by its 80.2%-held subsidiary, Sephaku Cement.
Sephaku Cement has appointed Nedbank Capital as lead arranger of the project finance facilities for new cement projects.

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