Shosholoza Cements (Pty) Ltd is planning to invest R500 million in a compact cement grinding plant in the Bojanala Special Economic Zone (SEZ) in Mogwase, North-West. The investment aims to cater to the region’s growing building and construction market, filling a gap in the market while providing competitive pricing.
Bojanala SEZ: A Strategic Location for the Cement Grinding Plant
The Bojanala SEZ, managed by the North West Development Corporation, is a 1,175-hectare industrial park that encourages mineral beneficiation, manufacturing activities related to mining capital equipment supply, agro-processing, and renewable energy. The SEZ’s strategic location, growing building and construction market, and proximity to mines make it a promising location for the cement grinding plant investment.
Alkebulan Ltd Confirms the Investment and Working Capital
Alkebulan Ltd, advisors to Shosholoza, confirms the R500 million investment to cover both the plant’s cost and working capital. Ms. Sylma du Plessis, Executive Director of Alkebulan Ltd, anticipates that the plant will be operational in approximately two years, once final funding is secured.
Low Carbon Cement Manufacturing Technology to Support the Local Market
Despite being a start-up, Shosholoza aims to create 75 long-term employment opportunities. The new low carbon cement manufacturing technology supports the local market and provides the company access to raw materials essential for manufacturing.
Gender-Based Violence NGO to Uplift the Community
In addition to the economic benefits of operating a cement plant in the area, Shosholoza plans to establish a gender-based violence Non-Governmental Organisation (NGO) to support vulnerable victims and uplift the community.
Alkebulan Ltd – African-focused Financial Advisory and Structuring Specialist
Alkebulan, an African-focused financial advisory and structuring specialist, is associated with africapractice. The company primarily collaborates with African operations and indigenous businesses to develop solutions for equity, mezzanine finance instruments, debt structuring, and strategic advisory services.
As Shosholoza moves forward with its R500 million cement grinding plant, the benefits of this project will continue to unfold for both the company and the community. The investment will create employment opportunities, support the local market, and contribute to the region’s economic growth.
