Cheetah Cement

Namibian cement producer that merged with Ohorongo Cement after competition authorities initially blocked then approved the deal.

2022-04-242026-09-22

What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

July 2026
3 JulWindhoek Observer
Cheetah Cement was approved to merge with Ohorongo Cement by the minister
Source
“The merger between Ohorongo Cement (Whale Rock Cement (Pty) Ltd) and Schwenk Namibia's Cheetah Cement has been approved by the minister of industries, mines and energy, Modestus Amutse, subject to strict conditions aimed at safeguarding employment, competition, and local ownership in the cement sector.”
Ohorongo-Cheetah Cement merger approved with conditions
March 2026
26 MarThe Namibian
Cheetah Cement notified Ministry of Justice and Labour Relations of intent to retrench 87 employees by 15 April
Source
“Cheetah Cement has notified the Ministry of Justice and Labour Relations of its intent to retrench 87 employees by 15 April, citing financial losses, import restrictions, and a blocked merger.”
Cheetah Cement retrenchment talks ongoing
22 MarThe Namibian
Cheetah Cement faces closure and retrenching about 87 employees by 15 April
Source
“Cheetah Cement faces closing operations and retrenching about 87 employees by 15 April, following sustained financial losses, regional import restrictions, and a prohibited merger attempt.”
Cheetah Cement faces closure and 87 retrenchments after NaCC blocks Ohorongo merger attempt

Business

South African firm sues Amutse over Ohorongo Cement merger approval

The News

A South African company, iTe Products, is challenging Minister Amutse's October 1 approval of a merger between Whale Rock Cement and Schwenk Namibia (which owns Ohorongo Cement), arguing that the minister's claim of receiving no objections was false. iTe opposes the deal because it would combine Namibia's two cement companies into a monopoly, a concern the Competition Commission had previously upheld in blocking the merger last July.

15 hours ago · The Namibian →

Yesterday

South African firm sues Amutse over Ohorongo Cement merger approval
A South African company, iTe Products, is challenging Minister Amutse's October 1 approval of a merger between Whale Rock Cement and Schwenk Namibia (which owns Ohorongo Cement), arguing that the minister's claim of receiving no objections was false. iTe opposes the deal because it would combine Namibia's two cement companies into a monopoly, a concern the Competition Commission had previously upheld in blocking the merger last July.
15 hours ago · The Namibian →

Tuesday 28 July

Namibia Competition Commission rejects Whale Rock–Schwenk cement merger
The Namibia Competition Commission has objected to the proposed acquisition of Schwenk Namibia by West China Cement (Whale Rock Cement), based on stakeholder input and competition law concerns including market concentration.
28 July 2026 · The Namibian →

Monday 13 July

Construction federation opposes approved Ohorongo-Cheetah cement merger
The Construction Industries Federation of Namibia has called for the Ohorongo-Cheetah cement merger to be withdrawn following Industries, Mines and Energy Minister Modestus Amutse's decision to overturn the Namibia Competition Commission's block on the transaction, warning it threatens competition, local contractors, and SMEs despite conditions aimed at preventing job losses and preserving production.
13 July 2026 · The Namibian →

Friday 3 July

Ohorongo-Cheetah Cement merger approved with operational conditions
Ohorongo Cement says its merger with Schwenk Namibia's Cheetah Cement, approved with conditions by the minister of industries, mines and energy, will not result in job losses but will involve staff relocation from Otjiwarongo to Otavi and increased local ownership requirements.
3 July 2026 · Windhoek Observer →

Thursday 26 March

Cheetah Cement plans to retrench 87 workers by April
Cheetah Cement has notified the Ministry of Justice and Labour Relations of its intent to retrench 87 employees by 15 April, citing financial losses, import restrictions, and a blocked merger. The notice is a declaration of intent subject to ongoing consultations with the ministry and the Mineworkers Union of Namibia, and the final number of retrenchments may change.
26 March 2026 · The Namibian →

Sunday 22 March

Cheetah Cement to close, retrench 87 workers after merger blocked
Cheetah Cement plans to close operations and retrench approximately 87 employees by 15 April, citing sustained financial losses, regional import restrictions, and a blocked merger attempt with Ohorongo Cement. The Namibian Competition Commission refused the merger in July 2025, and the company says it has been loss-making for eight years; the union is negotiating to find alternatives to the retrenchments.
22 March 2026 · The Namibian →