Cement industry seeks protection from cheap imports

2019-08-13 20:11

The country’s major cement producers have applied to the International Trade Administration Commission seeking protection from imports threatening the industry.

PPC expects difficult trading conditions in SA to persist

2018-11-23 11:25

Cement supplier PPC expects difficult trading conditions in SA to persist, requiring real cement price increases to recover operational cost increases.

TECHNICAL ANALYSIS: PPC shows new upside breakout

2018-05-10 14:03

Cement producer PPC has been recovering over the past eight months, and shows a new upside breakout, says a technical analyst.

PPC shareholder Prudential said to demand chairperson's exit

2018-02-22 16:15

One of PPC’s largest shareholders is pushing for chairperson Peter Nelson to be replaced after talks with potential suitors failed and the company seeks to grow independently.

PPC rejigs debt amid takeover talks

2017-11-23 13:06

PPC has renegotiated the bulk of its debt obligations in South Africa and the Democratic Republic of Congo as new operations in the region start to generate additional cash.

PPC Slurry and NUM sign wage agreement

2017-10-19 18:14

PPC has confirmed that the local management of its Slurry plant and members of the National Union of Mineworkers have reached an agreement on wage negotiations.

Dangote ups bidding war for PPC with cash, share offer

2017-09-22 08:28

Dangote Cement has written to PPC offering cash and shares as part of a takeover deal that is fuelling a bidding war.

PPC creates 70 extra jobs at cement plant

2017-09-10 06:00

PPC has made an “extra effort” to create 70 more temporary local jobs at the SK9 expansion project at its North West Slurry cement plant, following a government investigation into the presence of at least 242 Chinese workers at the factory.

AfriSam said to be talking to partner to secure PPC deal

2017-08-30 13:40

AfriSam is in negotiations with an equity partner to recapitalise the company and enable the cement maker to push through a merger with larger rival PPC.

AfriSam to eye other deals if tie-up with PPC fails

2017-08-06 06:58

A merger between cement producers AfriSam and PPC would result in hundreds of millions of rands in savings, says AfriSam’s acting CEO, Rob Wessels.


Zim's currency change delays PPC's results

2019-06-27 20:07

Currency reforms in Zimbabwe have forced cement maker, PPC, to delay announcing its results for the year ended March 31, 2019, which were due on Wednesday.

Regional operations carry PPC despite 'challenging' SA conditions

2018-06-19 18:27

A robust contribution from Zimbabwe and the rest of its African operations has seen cement producer PPC report a 7% growth in revenue.

PPC eyes new markets after two years of turmoil

2018-04-09 12:48

PPC is weighing expansion into new markets as it seeks to draw a line under a tumultuous two years that included an emergency rights issue and takeover interest from competitors.

PPC takes steps to ensure cement supply in W Cape

2018-02-02 22:00

Cement manufacturer PPC has implemented measures in the Western Cape to mitigate the impact of the ongoing drought.

African construction boom lures cement giants to circle PPC

2017-10-30 07:03

PPC has reported a loss in its last fiscal year, doesn’t have a permanent chief executive officer and its home market has just come out of recession.

More than 25% oppose AfriSam merger - PPC

2017-10-06 12:31

PPC says it has received letters representing "likely more than" 25% of shareholders indicating opposition to a proposed merger with rival AfriSam.

PPC surges on Dangote's takeover approach

2017-09-14 13:49

PPC shares have surged after Dangote Cement, owned by Africa's richest man, said it has approached the SA cement maker about a takeover deal.

Africa's richest man may enter bidding war for PPC

2017-09-08 16:02

Aliko Dangote is among those considering counteroffers for PPC that could signal a bidding contest for the cement maker, according to people familiar with the matter.

PPC reports positive first-quarter volumes in most markets

2017-08-23 10:21

In a trading update, Pretoria Portland Cement says it has made its first payments totalling $32m towards funding commitments in the DRC.

S&P downgrade sees PPC profits dive by 93%

2017-06-07 10:53

Cement maker PPC says full-year profits have declined by 93%, which was caused by an “unexpected S&P debt downgrade”.

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