PPC FREEZES PPC IMAGINARIUM SPONSORSHIP
A statement from the company reads: PPC has successfully supported the arts in the form of the PPC Imaginarium Awards, […]
ppc
Culture is at the heart of a safe workplace
Culture is at the heart of a safe workplace By Hardie de Beer, Executive: Technical & Lime, PPC Creating a […]
Entries for the 2019 PPC Imaginarium Awards now open!
Entries for the 2019 PPC Imaginarium Awards in South Africa and Zimbabwe are now open! The prestigious competitions invite creatives […]
PPC Labs empower rural students
Many of South Africa’s rural students are lagging behind their counterparts in the urban areas in terms of access to […]
Southern Africa’s top architecture student crowned for new vision for District Six!
At a dedicated event held at the Architecture ZA (AZA) Conference on Friday 4 May, 22-year-old student Roark Robinson was […]
PPC announces board changes
PPC has announced changes to its board of directors, appointing Ignatius Sehoola and Advocate Mojankunyane Gumbi as non-executive directors. A […]
PPC announces board changes
PPC has announced changes to its board of directors, appointing Ignatius Sehoola and Advocate Mojankunyane Gumbi as non-executive directors. A […]
PPC reschedules DRC cement plant debt
Construction materials provider PPC has further improved its liquidity position by finalising a capital repayment moratorium with funders of the group’s Democratic Republic of […]
Scania-PPC construction deal ensures efficient work
Investments continue to be made in construction-related equipment in spite of the fact that the industry is predicted to continue […]
PPC ends merger talks with LafargeHolcim; proposes top-up BEE transaction
Cement producer PPC’s shares fell by nearly 20% in early morning trade on the JSE on Thursday, after announcing that it has ended merger talks with LafargeHolcim and that it is considering a new black economic empowerment (BEE) transaction.
Fairfax exits PPC partial acquisition bid
Fairfax Africa Investments has withdrawn its intention to acquire R2-billion worth of shares in cement producer PPC.
Ireland’s CRH withdraws from bidding for South African cement maker PPC
Irish cement producer CRH, the world’s third-largest building materials supplier by market value, had decided not to bid for rival PPC the South African company said on Thursday.
PPC turns the tables
There are two significant cement producers around the world up for sale at the moment. Last week we dealt with […]
PPC plans Western Cape mega plant
PPC plans “a semi-brownfields plant”, mostly built with its own money and little bank credit.
PPC advises shareholders not to accept Fairfax offer
JSE-listed PPC’s board on Wednesday advised shareholders not to accept the R2-billion partial offer from a Fairfax subsidiary.
PPC expects earnings to rise as Africa business grows
JSE-listed construction materials company PPC, which is currently the takeover target of LafargeHolcim and AfriSam, on Tuesday reported that it expects an uptick in its […]
PIC ups stake in PPC as merger talks continue
The Public Investment Corporation (PIC) has been steadily increasing its shareholding in cement producer PPC. It now owns a 25.1% […]
PPC approached by LafargeHolcim for some African assets
PPC said on Friday it had received an expression of interest from LafargeHolcim which is planning a combination of some […]
African building boom lures cement giants to circle around PPC
South Africa’s biggest cement maker, PPC, is an unlikely candidate for a takeover battle. The supplier of building materials reported […]
PPC hands over Mobile Science and IT Labs to Van Cutsem High School, Worcester
PPC’s Mobile Science Lab initiative was developed to support budding scientists, providing them with the tools to develop their skills. […]
Dangote Cement still interested in South Africa’s PPC – CEO
Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing […]
PPC, NUM make headway on wage impasse
Cement producer PPC and trade union National Union of Mineworkers (NUM) have reached an agreement on wage negotiations at the company’s Slurry plant, in the North West.
PIC bulks up interest in cement-maker PPC
News that Nigerian-based Dangote Cement had withdrawn its expression of interest in PPC has not damped speculative interest in the […]
NUM members down tools at PPC Cement over wages
The National Union of Mineworkers (NUM) said that its members at South Africa’s leading supplier of cement and related products, PPC Cement Slurry in Mafikeng, North West, have […]
Why the PPC, AfriSam tie-up is facing shareholder rebellion
The proposed merger between SA’s largest cement producer PPC and its unlisted rival AfriSam might be scuppered for the second […]
PPC shares dive as Nigeria’s Dangote Cement walks away
PPC shares plunged the most in more than two months after Dangote Cement walked away from a potential takeover of […]
Dangote Cement withdraws interest in South Africa’s PPC
Dangote cement has withdrawn its interest in acquiring PPC, a South African cement company.
PPC hires Investec to review Fairfax offer
PPC has hired Investec bank to review an offer by Fairfax Financial Holdings to buy a stake in it. The […]
PPC board keen to avoid delays
PPC says the company’s independent board is keen to avoid long-running negotiations with any bidders for the company. On Tuesday, […]
Prudential opposes AfriSam, PPC deal
Prudential Investment Managers, one of the top three shareholders in PPC, says it opposes a proposed merger between SA’s largest […]
PPC raises prices and volumes
South Africa-based cement producer PPC said it improved effective selling prices in its South African cement business and is steadily […]
PPC still mulling merits of merger
The Independent board of PPC is still considering the merits of the partial offer by the Toronto Stock Exchange-listed Fairfax […]
AfriSam to consider revising PPC Offer in event of counter bid
AfriSam Group Pty Ltd. CEO Rob Wessels said the South African cement maker will decide whether to make a higher offer for larger rival PPC Ltd. only in the event of a formal approach from a competing bidder.
AfriSam says merger offer for PPC ‘fair’
South African cement maker AfriSam said on Wednesday a merger proposal valuing its rival PPC at $700-million was fair, suggesting it has no intention of sweetening its offer.
PPC expects higher offer from Fairfax
PPC, South Africa’s biggest cement producer, said on Friday it expected Canada’s Fairfax Africa Investments to raise its 9.2 billion-rand ($700 million) takeover offer.
PIC supports cement tie-up as a ‘champion for SA’
PPC’s largest shareholder is supporting a joint offer for SA’s biggest cement maker from domestic rival AfriSam and Canadian insurer […]
PPC tells market it will trim its capex
Cement maker PPC presented its outlook to investors on 8 September, saying it reduced its capital expenditure guidance for the […]
Dangote mulls offer for South Africa’s largest cement factory
Africa’s richest man, Aliko Dangote is reportedly considering counter-offers for PPC Group Ltd. that could signal a bidding contest for South Africa’s largest cement maker, according to people familiar with the matter, reports Bloomberg.
Higher bid hopes drive PPC shares after AfriSam offer
Expectations of a higher bid for South Africa’s biggest cement maker PPC kept its shares above the $713 million offer […]
PPC receives two other merger proposals as AfriSam submits revised offer
AfriSam has submitted a revised merger proposal to PPC, while a regional unit of Fairfax Africa Investments has offered to buy R2-billion of PPC shares, subject […]
Rob Rein elected Chairperson of The Concrete Institute
Rob Rein, Group Executive: Sales and Marketing of major cement producer, PPC, has been elected as the new Chairperson of […]
PPC Zimbabwe highlights import risk to Colleen Bawn plant
PPC Zimbabwe has hinted that it may be looking to shut down its Colleen Bawn Cement plant in Gwanda, citing […]
AfriSam-PPC talks at make-or-break stage
Negotiations between PPC and AfriSam about a potential merger have reached a make-or-break stage. This follows AfriSam last Friday confirming […]
PPC Zimbabwe achieves record cement volumes
PPC has recorded the highest production volumes in Zimbabwe for the first time in 18 years following the opening of […]
PPC shares fall after cancellation of proposed merger with AfriSam
The shares of PPC finished 7.6% lower on Friday after a proposed merger with its rival AfriSam was cancelled.
AfriSam sees merger as key to surviving cement glut
Cement manufacturer AfriSam sales and marketing executive Richard Tomes has stressed the need for the cement manufacturing industry to consolidate. On a site visit with members of the […]
PPC says it doesn’t need rights issue; shares jump nearly 8%
PPC is well capitalised for the foreseeable future and doesn’t need to raise cash from shareholders for a second time […]
PPC reports changes to executive team
PPC has appointed Njombo Lekula as the managing director of its Southern Africa Cement division. The appointment is part of […]
PPC Q1 trading in line with expectations
Cement maker PPC on Thursday said its first-quarter revenue had tracked ahead of the comparative period in the prior year, while group earnings […]
PPC Imaginarium Awards – deadline reminder
The PPC Imaginarium Awards are aimed at rewarding innovative concepts and prototypes that use PPC concrete in the creative disciplines […]
PPC and AfriSam: what an ugly couple
Later this month PPC will hold its AGM and shareholders can question the board and management on the proposed merger […]
PPC unlocks science education for learners at Soweto’s Jabulani Technical High School
A state-of-the-art Mobile Science and IT Lab that will unlock the potential of science education for learners of Jabulani Technical […]
AfriSam stresses the need for industry consolidation
Cement manufacturer AfriSam sales and marketing executive Richard Tomes has stressed the need for the cement manufacturing industry to consolidate. On a media visit to its Ulco plant, in […]
PPC shares slump after CE resigns abruptly
The price of PPC shares dropped by 9% to close at R4.45 a share yesterday after the listed cement and lime producer reported that chief executive Darryll Castle had resigned and reports emerged that talks about a proposed merger between PPC and rival AfriSam were about to collapse.
First Tito Mboweni quits cement producer PPC’s board then CEO
PPC’s CEO Darryll Castle has resigned less than a week after Tito Mboweni stepped down from the board. According to Business […]
Castle exits PPC after nearly three years
After two-and-a-half years at the helm, Darryll Castle is stepping down as JSE-listed PPC CEO and director to pursue other interests, with immediate effect.
PPC goes beyond financial assistance this Mandela Day
The PPC Mandela Day Challenge at Growing up Africa’s Devland Education Campus in Soweto drew 300 volunteers and resulted in 20,000 bags being filled with sand in less than three hours.
PPC, Black Suppliers to launch Emerging Contractor Conference
While there has been an increase in the number of people registering their own construction companies in the hope of […]
PPC Imaginarium 2018: now open for entries
Entries for the 2018 PPC Imaginarium Awards competition have officially opened. This is your opportunity to showcase your artistic talents, […]
PPC achieves two major milestones as part of its expansion strategy
As part of its expansion strategy,PPC announced today the inauguration of its Ethiopian operation,Habesha Cement.The inauguration of PPC’s Ethiopia operations,Habesha […]
AfriSam to appoint new CEO to accelerate merger with PPC
AfriSam is set to replace its CEO to help pave the way towards a merger with listed rival PPC, according […]
PPC Barnet positively impacts local communities in DRC
A new technical training centre and a local farming project initiated by PPC Barnet are boosting employment and community economies […]
PPC, AfriSam embark on second merger attempt in changed landscape
Despite some tentative, mixed responses and competition authority uncertainty, PPC and AfriSam believe this is the right time for them to take another shot at merging in an environment primed for consolidation.
PPC starts hot commissioning of DRC plant
Hot commissioning of PPC’s new cement plant in the Democratic Republic of the Congo will begin this month, according to a company trading update, with cement production expected to begin at the end of March.
PPC’s R1bn empowerment deal boosts balance sheet
JSE-listed PPC’s balance sheet has shown significant improvement following the conclusion of its first broad-based black economic-empowerment (BBBEE) transaction. The […]
PPC says R1.7bn kiln revamp will improve enviro compliance, market position
PPC last month invited media to a tour of its Slurry operation, in the North West, and the construction site of the R1.7-billion Slurry Kiln (SK) […]
PPC donates mobile science labs
As part of an enabling partnership between PPC subsidiary Ulula Ash and Eskom, two high-tech mobile science labs have been donated to Sibongamandla Secondary and Kriel High Schools in Mpumalanga.
PPC’s Castle sees need for consolidation in cement industry
South Africa’s cement industry would benefit from consolidation because there are too many players for the size of the market, […]
PPC not out of the woods yet, but sees growth potential
PPC has posted flat earnings before interest, taxes, depreciation and amortisation (Ebitda) of R1,14bn for the six months ended September 30, while its Ebitda margin, at 22,2%, was negatively impacted on by selling price pressures and the timing of administration and other operating expenses.
Nelson appointed PPC chairperson
Cement manufacturer PPC on Monday appointed Peter Nelson as its permanent chairperson. Nelson, who assumed the role of interim chairperson following the retirement of Bheki Sibiya in January, […]
PPC Zimbabwe remains optimistic on planned targets
PRETORIA Portland Cement (PPC) Zimbabwe remains optimistic that its performance will be in line with its planned targets, but expects […]
PPC rights offer of shares ends
According to Engineering News, shareholders of JSE-listed PPC subscribed for 920-million rights offer shares of its R4-billion rights offer. In August, the company […]
PPC new plant almost complete
Pretoria Portland Cement (PPC) Zimbabwe MD, Kelibone Masiyane, says its $75-million plant in Harare, expected to produce more than 680 […]
PPC joins the Concrete Institute
The Concrete Institute (TCI) is pleased to announce that PPC has joined the founding members, AfriSam, Lafarge and Sephaku, as […]
SA’s largest cement producer gets financial backing from banks
According to Moneyweb, PPC, South Africa’s largest publicly traded cement maker, said it received R4 billion ($263 million) of bank guarantees
PPC shares falls after S&P cuts credit rating
PPC Ltd. shares dropped to an all-time 13-year low after the South African cement maker said it would accelerate a plan […]
Cementing change to the infrastructure industry
As CIO of cement company PPC, Kgomotso Molefe is bringing fresh technologies to this seemingly low-tech product.
PPC shares falls as cement maker warns of credit-rating downgrade
According to John Bowker, PPC Ltd. shares dropped after South Africa’s biggest cement maker said talks with a credit-ratings agency will […]
Tribunal cements PPC acquisition of 3Q Mahuma
The Competition Tribunal yesterday approved without conditions the acquisition by PPC of 3Q Mahuma Concrete, the largest independently owned ready-mix […]
Concrete.TV’s exclusive interview with PPC CEO – Darryll Castle
Concrete.TV recently sat down with Darryll Castle ,CEO of PPC Cement, in an exclusive interview where Darryll shares PPC’s vision […]
PPC progresses expansion strategy, despite warning of lower H1 earnings
Cement supplier PPC says its expansion programme remains on track, with construction at sites in the Democratic Republic of the Congo,
PPC and Olegra Oil: rethinking SME ownership structures to enable real empowerment
The ability to convert a great business idea into a great business is directly dependent on the calibre of entrepreneur […]
PPC sees decline in cement prices across markets
PPC fell the most in four months after reporting flat or falling prices in all regions alongside tougher competition in […]
Rwanda’s Prime Minister opens CIMERWA Bugarama facility launch
Prime Minister Anastase MUREKEZI officially opened CIMERWA’s new state-of-the-art Bugarama plant on 18 August. He was joined by other guests […]
PPC Limited to expand business in Zimbabwe
PPC Limited is set to expand its business in Zimbabwe by 2020 by spending US $200m for the construction of milling […]
The race is on to enter for the 30th PPC Cement Riebeeck Bergmarathon
The 30th PPC Cement Riebeek Bergmarathon is set to take the Boland town of Riebeek West by storm on Saturday, […]
African Construction,Totally Concrete sponsors share their views
Following the success of last years African Constuction and Totally Concrete Expo, this is what is new for 2016 New in […]
PPC Africa expansion on schedule
PPC reported positive cement sales in the first quarter and said construction is underway in Rwanda, Zimbabwe, Ethiopia and the […]
PPC shares drop on lower HEPS forecast
PPC’s share price fell by 8.6% on Monday on reports that it expects headline earnings per share (HEPS) for the […]
AfriSam, PPC deal ‘doesn’t make sense’
The possible PPC and AfriSam merger has been lambasted as not making sense given PPC’s Africa growth strategy. “The transaction […]
South Africa: domestic cement sales climb in Q3
PPC-released data shows Domestic cement sales grew 4.6% in Q3 of 2014 after contracting in the first two quarters, though sales for the full year were on track to come in lower than in 2013.
PPC, AfriSam merger ‘should be thoroughly scrutinised’
The proposed merger between cement producers AfriSam and PPC should be thoroughly scrutinised to determine its value for PPC shareholders, […]
Zimbabwe: PPC Zimbabwe optimistic
Cement manufacturer PPC Zimbabwe is positive its acquisition of an indigenisation certificate in 2012 will enable it to forge ahead of competition as the building industry improves.
PPC sponsors houses in support of 16 Days of Activism campaign
PPC handed over three houses to community members in Nellmapius, Tshwane this week in support of the ‘16 Days of […]
PPC names new CEO
PPC Ltd on Wednesday named a mining industry veteran as chief executive, ending a three-month leadership vacuum that has hit its shares.
PPC Unlocking Stronger Stokvel Homes
The bulk buying frenzy is back again. The festive season is upon us and Stokvels across the country will be […]
PPC to use waste tyres for fuel
PPC has concluded an agreement to source waste tyres from the Recycling and Economic Development Initiative of South Africa (Redisa) […]
Plans for PPC are developing swiftly in Africa
PPC’s Africa expansion strategy is progressing well with construction underway in Rwanda, Zimbabwe, DRC and Ethiopia, Bheki Sibiya, the executive […]
PPC African expansion strategy has ‘gained solid momentum’
JSE-listed cement producer PPC have reported headline earnings a share (Heps) of 179c for the financial year ended September 30, […]
Six candidates shortlisted for PPC’s CEO
PPC Ltd. (PPC) has a shortlist of six candidates to succeed Ketso Gordhan as CEO and plans to make an appointment if shareholders vote to retain the board, Chairman Bheki Sibiya said.
PPC’s constitution complicates meeting
The special shareholders’ meeting of PPC, set for December 8, is complicated by a controversial section of PPC’s memorandum of […]
PPC may raise $450m to fund Africa expansion
PPC, South Africa’s largest cement maker, has agreed in principle to a $225 million loan facility and could raise twice […]
PPC backed by top shareholder, PIC
The Public Investment Corporation (PIC), the largest shareholder in PPC will vote against a resolution next month to remove the […]
PPC’s stake in Habesha increased to 51%
PPC says it has bought the Industrial Development Corporation’s 20% stake in Ethiopia-based Habesha Cement Share Company for $13m, raising its share from 27% to 51%.
PPC shareholders to consider board overhaul
South African cement maker PPC said on Friday it would convene a general meeting to consider removal of its entire board after three shareholders holding a 10% stake requested it.
PPC conducts brick making workshops for customers nationwide
PPC, a household name in the construction industry for over 120 years, has played an integral part in developing South […]
PPC appoints non-exec director
Cement producer PPC has appointed Darryll Castle an independent non-executive director with immediate effect. Castle, who holds BSc, BCom and […]
PPC row flares as Foord bats for Ketso
In an unprecedented move that could resolve the standoff at PPC, Foord Asset Management (FAM), which holds 7.6% of PPC shares,will ask the board
PPC CEO resigns
PPC announced on Monday that its CEO Ketso Gordhan had resigned. Gordhan also steps down from his executive director role.
Episode 5: PPC Cement’s Building Better Homes Challenge
In PPC Cement’s Building Better Homes challenge four construction teams compete in a series of demanding building challenges. One team […]
PPC ‘to enter the Algerian cement market’
South African cement firm PPC said on Monday it will buy a stake in an Algerian cement company as part […]
