PPC sees six-month revenues and volumes flat
In its trading figures for the six months to 31 March 2016, PPC saw its operating profits fall by three per cent to ZAR733m (US$48m). Revenues were flat at ZAR4501m (US$294m), d...
Ppc
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South Africa: PPC shares drop
PPC Ltd shares plunged after it said talks with a credit ratings agency will probably lead to a downgrade. The company is preparing a capital raising of ZAR4bn (US$254m) to be u...
Rwanda: rail and energy projects to boost cement demand
The Rwandan government’s announcement of two major infrastructure projects is set to be a boon for the country’s cement producers, the Mail and Guardian Africa reports. The Kivu...
Zimbabwe: PPC's Harare plant is half-way complete
The construction of a new cement plant by Pretoria Portland Cement (PPC) in Harare is progressing as planned and is now 55 per cent complete.
PPC's acquisition of 3Q Mahuma Concrete approved
South Africa's Competition Tribunal yesterday approved,without condition, PPC's acquisition of 3Q Mahuma Concrete, the largest independently owned ready-mix concrete supplier in...
PPC appoint Peter Nelson as new chairman
South African-based PPC has appointed Peter Nelson as interim chairman of the listed cement and lime producer, following the retirement of former chairman, Bheki Sibiya, at the ...
PPC’s Harare plant on course for 2016 commissioning
Zimbabwe’s deputy minister for industry and commerce, Chiratidzo Mabuwa, has welcomed PPC’s commitment to investing in the country as the company confirms that it expects its se...
Cimerwa looking to cut costs as it eyes export markets
Busisiwe Legodi, Cimerwa's chief executive officer, has reaffirmed her company’s commitment to developing export markets in neighbouring Burundi and eastern DR Congo. Speaking i...
PPC eyes longer-term growth outside of Africa
PPC has unveiled a new expansion strategy that envisages doubling the business every 10 years and growing beyond its traditional markets in Africa.
PPC chairman to step down, South Africa
PPC announced that Bheki Lindinkosi Sibiya, who has served as chairman of Board since November 2008, elected not to offer himself for re-election at the shareholders AGM on 25...