PPC Zimbabwe to resume exports
PPC Zimbabwe says it will leverage on an enhanced export incentive which the cement producer has been granted by the Reserve Bank of Zimbabwe (RBZ) to break even and resume expo...
Ppc
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PPC makes several changes to its board
PPC has announced that Jabu Moleketi has been appointed as chairperson, with immediate effect. Mr Moleketi replaces Peter Nelson who, along with non-executive directors Sydney M...
Jabu Moleketi nominated for PPC chairman
South Africa’s PPC has received nominations for Jabu Moleketi for the position of chairman of the board to succeed Peter Nelson as it aims to “strengthen the board with its stra...
PPC makes three new appointments
PPC has appointed its current interim Chief Executive, Johan Claassen as CEO and an executive director of the group with immediate effect.
PPC records sales growth
PPC reported that it has seen its sales volume grow by over 20 per cent YoY in Rwanda and Zimbabwe, for the nine-month period ended 31 December 2017.
PPC improves liquidity position
PPC has rescheduled the debt related to its new plant in the Democratic Republic of Congo, improving its liquidity position.
CRH
Having started a process of due diligence, CRH has decided not to proceed with a bid for the African cement producer Pretoria Portland Cement.
LafargeHolcim withdraws from further talks with PPC
LafargeHolcim has ended talks with South Africa’s PPC about a potential deal, said the Swiss cement producer in a brief statement. The step comes only a day after Canada’s Fairf...
Fairfax drops plans to buy 23% of PPC
Canada's Fairfax Africa Investments Proprietary Ltd has pulled out of its attempt to buy 23 per cent of South African cement producer PPC for ZAR2bn (US$146.34m), PPC said on Mo...
CRH exits PPC talks but LafargeHolcim discussions continue
Irish cement producer CRH has decided to pull out of the process to bid for rival PPC, the South African company said on Thursday. Last month, CRH made an undisclosed cash bid f...