Explosives maker AECI's profits rise

8 February 2016 by My Durban

Explosives maker AECI's profits rise

Johannesburg – South African chemicals and explosives maker AECI posted a 57 percent rise in 2013 earnings on Tuesday, lifted by a weaker local currency as it grew its business in the African mining sector. AECI said headline earnings per share …

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Durban is a major coastal city and the economic hub of the KwaZulu-Natal (KZN) province in eastern South Africa. Governed by the eThekwini Municipality, it is renowned for its busy seaport, tropical climate, diverse cultural influences (African, Indian, and colonial), and the popular “Golden Mile” beachfront promenade, serving as a premier tourism and industrial center.
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