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]

PPC’s biggest shareholder is said to back Fairfax-AfriSam offer

12 Sep 2017 /  Loni Prinsloo, Bloomberg   1
PIC sees significant cost savings from the combination.

Dangote said to mull offer for PPC as bidding war looms

UPDATE
8 Sep 2017 /  Loni Prinsloo and Aaron Kirchfeld, Bloomberg   5
Merger would accelerate Dangote Cement's expansion outside its home market of Nigeria.

Higher bid hopes drive PPC shares after AfriSam offer

6 Sep 2017 /  Nqobile Dludla, Reuters  
Cement maker currently trading above offer price to R6.18.

PPC says AfriSam’s new merger proposal falls short

5 Sep 2017 /  Nqobile Dludla, Reuters  
Chairman says offer price "fundamentally undervalues" company.

Three suitors now vying for PPC

5 Sep 2017 /  Antoinette Slabbert  
Share price up 71% since August 15.

Rand slips ahead of GDP data as global tensions weigh

4 Sep 2017 /  TJ Strydom, Reuters  
Naspers weighs on bourse, PPC rallies.

Fairfax said to back AfriSam to clinch PPC deal

4 Sep 2017 /  Loni Prinsloo, Bloomberg  
Insurer to give R5 billion cash injection to help pay off cement maker's bank debt.

AfriSam is said to be talking to partner to secure PPC deal

30 Aug 2017 /  Loni Prinsloo, Bloomberg  
Prospect of cash injection could strengthen AfriSam's position.

Harmony under pressure as rescue operation continues

28 Aug 2017 /  Nastassia Arendse  
AngloGold, Gold Fields, Sibanye, Naspers, Woolies, Pick n Pay, Shoprite, Aspen and PPC – Maudi Lentsoane on Monday’s market moves.

PPC shares fall after cancellation of proposed merger with AfriSam

UPDATE
25 Aug 2017 /  Ray Mahlaka   1
The cement maker doesn’t give reasons for the cancellation.

PPC says it doesn’t need rights issue; shares jump nearly 8%

23 Aug 2017 /  Loni Prinsloo, Bloomberg  
Balance sheet stable despite slow start to Congo project.

PPC and AfriSam: What an ugly couple

15 Aug 2017 /  Antoinette Slabbert   4
What will the PIC sacrifice to make this match?

Rand retreats in quiet trade, Naspers leads stocks higher

24 Jul 2017 /  Mfuneko Toyana and Nqobile Dludla, Reuters  
Rand stalls as technical barriers dampen demand.

PPC hit by CEO’s sudden departure

UPDATE
24 Jul 2017 /  Tanisha Heiberg, Reuters  
Johan Claassen has been appointed as interim CEO.

PPC profit slumps after S&P downgrade

7 Jun 2017 /  Nqobile Dludla, Reuters  
Cement maker reports a 93% plunge in full-year earnings.

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