The foreign sales of the Tunisian company Ciments de Bizerte fell by nearly 95%, in an environment marked by fluctuations in demand on the Algerian market, and almost zero sales on a Libyan market facing socio-political turmoil. Despite this situation, sales in Tunisia have sustained operations during the first quarter 2015.
Revenues are at 26.3 million dinars, an increase of 10.7% compared to 23.7 million dinars for the same period in 2014. The cement manufacturer has therefore decided to speed up the establishment of infrastructure for sales abroad by sea freight. In line with this, the second quarter 2015 has been characterised by the beginning of civil engineering works for the upgrade of installations in order to give the company an efficient loading and unloading dock.
Current liabilities still remain a source of concern for the company. By end June 2015, the total indebtedness reached 100 million dinars versus 73.4 million dinars by end December 2014. In addition to this, there are the 12.1 million dinars of short-term loans.
On the Tunis stock exchange, the value of Ciments de Bizerte has declined on 22 July 2015, but in a barely significant trading volume. Even if some investors of the Tunisian marketplace remain optimist, Ciments de Bizerte posts a capital loss of 28% since 1st January 2015.
The direct competitor Carthage Cement, appears in better health with a share value increasing by 1.8% as of 22 July 2015.
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...
With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...
At his swearing-in ceremony on November 6, 2025, President Paul Biya outlined the main pillars of his seven-year economic agenda. Centered on job...
As job markets evolve under the pressures of unemployment, informality, and structural transformation, a clear grasp of what constitutes the labor force...
Nigeria, UK launch joint campus to expand transnational education New Lagos campus offers UK degrees in AI, coding, robotics Initiative aims to curb...
The Ministry of ICT and Postal Services, in partnership with MTN South Sudan, has launched a new ICT Hub in Bor Town to train and connect youth in...
The Namib Erg, also known as the Namib Sand Sea, is one of the most ancient and spectacular desert landscapes on Earth. Stretching along Namibia’s...
CIGAF 2025 hosted 26+ countries to celebrate culinary diversity in Ouagadougou Event featured competitions, demos, and talks on food, culture, and...