PPC Zimbabwe hosted his Excellency President E.D. Mnangagwa, Hon Minister of Industry and Commerce Dr, Sekai Nzenza, and delegates for […]
Chryso and a.b.e Construction Chemicals generously agreed to be part of this project. Michelle Fick, Chryso, a.b.e. Executive Relationship and Project Manager explained: “When Daniel van der Merwe of Leaf Architects and Landscapers recommended Chryso and a.b.e Construction Chemicals to get involved in the restoration of the Owl House, we were thrilled to be part of this project. It is currently rated as one of the top tourist destinations in the Eastern Cape and was declared a National Heritage Site
A statement from the company reads: PPC has successfully supported the arts in the form of the PPC Imaginarium Awards, […]
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 in South Africa and Zimbabwe are now open! The prestigious competitions invite creatives […]
Many of South Africa’s rural students are lagging behind their counterparts in the urban areas in terms of access to […]
At a dedicated event held at the Architecture ZA (AZA) Conference on Friday 4 May, 22-year-old student Roark Robinson was […]
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 […]
Investments continue to be made in construction-related equipment in spite of the fact that the industry is predicted to continue […]
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Fairfax Africa Investments has withdrawn its intention to acquire R2-billion worth of shares in cement producer PPC.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.
There are two significant cement producers around the world up for sale at the moment. Last week we dealt with […]
PPC plans “a semi-brownfields plant”, mostly built with its own money and little bank credit.
JSE-listed PPC’s board on Wednesday advised shareholders not to accept the R2-billion partial offer from a Fairfax subsidiary.
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 […]
The Public Investment Corporation (PIC) has been steadily increasing its shareholding in cement producer PPC. It now owns a 25.1% […]
PPC said on Friday it had received an expression of interest from LafargeHolcim which is planning a combination of some […]
South Africa’s biggest cement maker, PPC, is an unlikely candidate for a takeover battle. The supplier of building materials reported […]
PPC’s Mobile Science Lab initiative was developed to support budding scientists, providing them with the tools to develop their skills. […]
Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing […]
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.
News that Nigerian-based Dangote Cement had withdrawn its expression of interest in PPC has not damped speculative interest in the […]
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 […]
The proposed merger between SA’s largest cement producer PPC and its unlisted rival AfriSam might be scuppered for the second […]
PPC shares plunged the most in more than two months after Dangote Cement walked away from a potential takeover of […]
Dangote cement has withdrawn its interest in acquiring PPC, a South African cement company.
PPC has hired Investec bank to review an offer by Fairfax Financial Holdings to buy a stake in it. The […]
PPC says the company’s independent board is keen to avoid long-running negotiations with any bidders for the company. On Tuesday, […]
Prudential Investment Managers, one of the top three shareholders in PPC, says it opposes a proposed merger between SA’s largest […]
South Africa-based cement producer PPC said it improved effective selling prices in its South African cement business and is steadily […]
The Independent board of PPC is still considering the merits of the partial offer by the Toronto Stock Exchange-listed Fairfax […]
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.
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, 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.
PPC’s largest shareholder is supporting a joint offer for SA’s biggest cement maker from domestic rival AfriSam and Canadian insurer […]
Cement maker PPC presented its outlook to investors on 8 September, saying it reduced its capital expenditure guidance for the […]
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.
Expectations of a higher bid for South Africa’s biggest cement maker PPC kept its shares above the $713 million 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, Group Executive: Sales and Marketing of major cement producer, PPC, has been elected as the new Chairperson of […]
PPC Zimbabwe has hinted that it may be looking to shut down its Colleen Bawn Cement plant in Gwanda, citing […]
Negotiations between PPC and AfriSam about a potential merger have reached a make-or-break stage. This follows AfriSam last Friday confirming […]
PPC has recorded the highest production volumes in Zimbabwe for the first time in 18 years following the opening of […]
The shares of PPC finished 7.6% lower on Friday after a proposed merger with its rival AfriSam was cancelled.
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 is well capitalised for the foreseeable future and doesn’t need to raise cash from shareholders for a second time […]
PPC has appointed Njombo Lekula as the managing director of its Southern Africa Cement division. The appointment is part of […]
Cement maker PPC on Thursday said its first-quarter revenue had tracked ahead of the comparative period in the prior year, while group earnings […]
The PPC Imaginarium Awards are aimed at rewarding innovative concepts and prototypes that use PPC concrete in the creative disciplines […]
Later this month PPC will hold its AGM and shareholders can question the board and management on the proposed merger […]
A state-of-the-art Mobile Science and IT Lab that will unlock the potential of science education for learners of Jabulani Technical […]
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 […]
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.
PPC’s CEO Darryll Castle has resigned less than a week after Tito Mboweni stepped down from the board. According to Business […]
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.
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.
While there has been an increase in the number of people registering their own construction companies in the hope of […]
Entries for the 2018 PPC Imaginarium Awards competition have officially opened. This is your opportunity to showcase your artistic talents, […]
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 is set to replace its CEO to help pave the way towards a merger with listed rival PPC, according […]
A new technical training centre and a local farming project initiated by PPC Barnet are boosting employment and community economies […]
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.
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.
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 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) […]
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.
South Africa’s cement industry would benefit from consolidation because there are too many players for the size of the market, […]
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.
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, […]
PRETORIA Portland Cement (PPC) Zimbabwe remains optimistic that its performance will be in line with its planned targets, but expects […]
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 […]
Pretoria Portland Cement (PPC) Zimbabwe MD, Kelibone Masiyane, says its $75-million plant in Harare, expected to produce more than 680 […]
The Concrete Institute (TCI) is pleased to announce that PPC has joined the founding members, AfriSam, Lafarge and Sephaku, as […]
According to Moneyweb, PPC, South Africa’s largest publicly traded cement maker, said it received R4 billion ($263 million) of bank guarantees
PPC Ltd. shares dropped to an all-time 13-year low after the South African cement maker said it would accelerate a plan […]
As CIO of cement company PPC, Kgomotso Molefe is bringing fresh technologies to this seemingly low-tech product.
According to John Bowker, PPC Ltd. shares dropped after South Africa’s biggest cement maker said talks with a credit-ratings agency will […]
The Competition Tribunal yesterday approved without conditions the acquisition by PPC of 3Q Mahuma Concrete, the largest independently owned ready-mix […]
Concrete.TV recently sat down with Darryll Castle ,CEO of PPC Cement, in an exclusive interview where Darryll shares PPC’s vision […]
Cement supplier PPC says its expansion programme remains on track, with construction at sites in the Democratic Republic of the Congo,
The ability to convert a great business idea into a great business is directly dependent on the calibre of entrepreneur […]
PPC fell the most in four months after reporting flat or falling prices in all regions alongside tougher competition in […]
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 is set to expand its business in Zimbabwe by 2020 by spending US $200m for the construction of milling […]
The 30th PPC Cement Riebeek Bergmarathon is set to take the Boland town of Riebeek West by storm on Saturday, […]
Following the success of last years African Constuction and Totally Concrete Expo, this is what is new for 2016 New in […]
PPC reported positive cement sales in the first quarter and said construction is underway in Rwanda, Zimbabwe, Ethiopia and the […]
PPC’s share price fell by 8.6% on Monday on reports that it expects headline earnings per share (HEPS) for the […]
The possible PPC and AfriSam merger has been lambasted as not making sense given PPC’s Africa growth strategy. “The transaction […]
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.
The proposed merger between cement producers AfriSam and PPC should be thoroughly scrutinised to determine its value for PPC shareholders, […]
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 handed over three houses to community members in Nellmapius, Tshwane this week in support of the ‘16 Days of […]
PPC Ltd on Wednesday named a mining industry veteran as chief executive, ending a three-month leadership vacuum that has hit its shares.
The bulk buying frenzy is back again. The festive season is upon us and Stokvels across the country will be […]
PPC has concluded an agreement to source waste tyres from the Recycling and Economic Development Initiative of South Africa (Redisa) […]
PPC’s Africa expansion strategy is progressing well with construction underway in Rwanda, Zimbabwe, DRC and Ethiopia, Bheki Sibiya, the executive […]
JSE-listed cement producer PPC have reported headline earnings a share (Heps) of 179c for the financial year ended September 30, […]
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.
The special shareholders’ meeting of PPC, set for December 8, is complicated by a controversial section of PPC’s memorandum of […]
PPC, South Africa’s largest cement maker, has agreed in principle to a $225 million loan facility and could raise twice […]
The Public Investment Corporation (PIC), the largest shareholder in PPC will vote against a resolution next month to remove the […]
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%.
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, a household name in the construction industry for over 120 years, has played an integral part in developing South […]
Cement producer PPC has appointed Darryll Castle an independent non-executive director with immediate effect. Castle, who holds BSc, BCom and […]
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 announced on Monday that its CEO Ketso Gordhan had resigned. Gordhan also steps down from his executive director role.
In PPC Cement’s Building Better Homes challenge four construction teams compete in a series of demanding building challenges. One team […]
South African cement firm PPC said on Monday it will buy a stake in an Algerian cement company as part […]