South Africa’s Cement and Concrete Institute (C&CI) is to close down following the withdrawal of funding from some of the key funding members, local producer AfriSam disclosed in a statement on Friday. 

AfriSam said it believes in the value that the C&CI offered the construction industry and explored various other options in an effort to sustain this industry body. "Unfortunately, no solution could be found. As a result, AfriSam had no choice but to tender its resignation from the Cement and Concrete Institute," the statement said.

The processes required to close this industry body have commenced with immediate effect and is expected to take two to three months to complete in its entirety. AfriSam said it will participate in the steering committee meetings and will play an active role to ensure that this process is conducted in a professional, fair and responsible manner.