Breaking News

Hess Second-Quarter EPS $1.38 Compared With $1.18 Estimate; Buyback Boosted to $6.5 Billion

South African Court Bans Lucky Cement Imports, Fin24 Says

Three South African businesses were banned from importing cement produced by Pakistan’s Lucky Cement Ltd. (LUCK) while courts investigate whether the product meets regulatory strength standards, Fin24 reported, citing court documents.

Newcastle Steel Works, Alpine Trading and Certosa Trading 128, the affected companies, are opposing the ban, the Johannesburg-based news website said.

To contact the reporter on this story: Franz Wild in Johannesburg at

To contact the editor responsible for this story: Andrew J. Barden at

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.