LATEST NEWS FOR PPC Ltd.  

A leading supplier of materials and solutions into the basic services sector in southern Africa, PPC has 11 cement factories in South Africa, Botswana, DRC, Ethiopia, Rwanda and Zimbabwe. PPC’s capacity is around eleven and a half million tonnes o... [more info]

Jabu Moleketi nominated as PPC chairman

22 Feb 2018 /  Nqobile Dludla, Reuters   3
As cement maker aims to align the board with its strategic priorities.

PPC shareholder Prudential is said to demand chairman’s exit

22 Feb 2018 /  Loni Prinsloo, Bloomberg  
Peter Nelson oversaw failed takeover talks with a range of suitors.

PPC appoints permanent CEO

14 Feb 2018 /  Reuters  
Johan Claassen to replace Darryll Castle.

SA stocks post worst week in two years

2 Feb 2018 /  Tiisetso Motsoeneng and Olivia Kumwenda-Mtambo, Reuters  
Rand also down on the day.

PPC says nine-month revenue up

2 Feb 2018 /  Nqobile Dludla, Reuters  
Volumes up by 20 to 30% in Rwanda, and 30 to 40% in Zimbabwe.

Stocks that love Cyril

29 Jan 2018 /  Patrick Cairns   11
The counters that have gained the most since the ANC conference.
Moneyweb Investor

Ten stocks that Zuma can’t break

14 Dec 2017 /  Sasha Planting   2
Regardless of how badly the government messes up the economy.

Phuthuma Nhleko’s R8bn AfriSam problem

13 Dec 2017 /  Ray Mahlaka   
After the failed merger with PPC, AfriSam shareholders might be asked to rescue the company from its smothering debt load.

PPC: There were three suitors, now there’s one

12 Dec 2017 /  Ray Mahlaka    1
Canada-based investment holding firm Fairfax Africa Investments becomes the latest to walk away from its bid for PPC’s partial assets.

Fairfax drops plan to buy stake in PPC

11 Dec 2017 /  Nqobile Dludla, Reuters  
Fairfax intended to buy 23% stake in cement maker for R2 billion.

Ireland’s CRH withdraws from bidding for PPC

7 Dec 2017 /  Noor Zainab Hussain, Reuters  
Cement maker still in talks with LafargeHolcim.

PPC’s profits boosted by expansion in Zimbabwe, Rwanda

23 Nov 2017 /  Nqobile Dludla, Reuters  
Group revenue up 1% to R5.2 billion.

PPC’s rejection of Fairfax offer puts the skid on AfriSam’s debt restructure

23 Nov 2017 /  Ray Mahlaka   
After mounting shareholder pressure, the proposed merger between PPC and AfriSam sinks.

High noon looms for PPC/AfriSam merger

22 Nov 2017 /  Ray Mahlaka  
A bidding war over a tie-up between both cement producers, which already faces major shareholder rebellion, is expected.

PPC flags up to 40% jump in H1 profit

7 Nov 2017 /  Reuters  
Citing robust performance in Zimbabwe and Rwanda and lower finance costs.

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