R35 million boosts Value Cement, CONCRETE TRENDS
CONCRETE TRENDS Page 44
The emphasis on the infrastructure development drive by government has led the National Empowerment Fund (NEF) to advance R35 million to cement blending company, Value Cement. The company is black owned and blends, produces and sells cement to a wide range of customers across the country and in the SADC region. Jabulani Cekwana, MD of Value Cement, says their business is a prime example of broad-based black empowerment with a significant percentage of directors and management being female. The company's core business is blending top-quality cement for supply to the construction and infrastructure development sectors. The R35 million will enable the company to own the property, plant and equipment they are currently renting, as well as create 50 full-time jobs in Westonaria.
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