Afrimat Limited (AFT.JO)

7,079.00 +8.00 (+0.11%) At close: 05:00PM SAST

Afrimat Limited

Tyger Valley Office Park No. 2
Cnr. Willie van Schoor Ave & Old Oak Rd
Bellville 7530
South Africa
27 21 917 8840
https://www.afrimat.co.za

Sector(s): Basic Materials
Industry: Building Materials
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Andries Johannes van Heerden B.Eng (Mech), Go	CEO & Executive Director	7.27M	68.64M	1965
Mr. Pieter Gabriel Stephanus de Wit ACIS, BCompt Hons, CA (SA), PG Cert Tax	CFO & Director	4.35M	23.54M	1973
Mr. Marthinus Gerhardus Odendaal	COO of Mining & Executive Director	4.27M	19.07M	1966
Mr. Collin Ramukhubathi	Executive Director	4.26M	10.98M	1975
Mr. Andre Smith	Interim Deputy Chief Financial Officer	5.94M	5.13M	N/A
Tanya Pretorius	Head of Communications	N/A	N/A	N/A
Mr. Anton Gerber	General Manager of Human Resources	N/A	N/A	1957
Ms. Catharine Burger	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2024, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ZAc.

Description

Afrimat Limited operates as a mining and materials company primarily in the southern African region. The company operates through five segments: Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The Construction Materials segment provides aggregates products, including sand, gravel, and crushed stone; and concrete-based products comprising concrete made from rock, sand, water, and cement. The Industrial Minerals segment offers limestone, dolomite, and industrial sand. The Bulk Commodities segment provides iron ore and anthracite. The Future Materials and Metals segment produces phosphate, an organic fertilizer; and vermiculite, rare earths, and green construction materials. The Services segment offers IT, consulting, and external logistical services, as well as mobile crushing, screening, drilling, and blasting services. The company was founded in 1963 and is based in Bellville, South Africa.

Corporate governance

Afrimat Limited’s ISS governance QualityScore as of 29 June 2024 is 9. The pillar scores are Audit: 9; Board: 10; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.