R/€ = 15.87 Change: 0.00
R/$ = 13.97 Change: 0.01
Au 1284.75 $/oz Change: 0.36
Pt 790.92 $/oz Change: -2.87


Company ensures safety and quality in its offering

By: Zandile Mavuso     5th October 2018 Investment into quality work apparel could lead to higher productivity and can prove to be beneficial to companies as it lasts longer and provides more protection for the workforce, says work apparel manufacturer and supplier Sweet Orr. Sweet Orr places continued emphasis on innovation, research... 

Culture imperative in facilitating safe workplaces

21st September 2018 Creating a safe working environment is a complex issue and requires a concerted effort by all stakeholders over a sustained period of time, posits cement, lime and related products supplier PPC technical and lime executive Hardie de Beer. “It is this understanding that is at the core of PPC’s... 

Cummins emerges a major winner at 2018 Gender Mainstreaming Awards

18th September 2018 Cummins Africa Middle East (AME) emerged a major winner at the Gender Mainstreaming Awards at the Ticketpro Dome in Northgate, Johannesburg on Thursday 13 September. The awards are an initiative of the Business Engage Association NPC, sponsored by PricewaterhouseCoopers (PwC). The awards aim to... 

Cummins emerges a major winner at 2018 Gender Mainstreaming Awards

17th September 2018 Cummins Africa Middle East (AME) emerged a major winner at the Gender Mainstreaming Awards at the Ticketpro Dome in Northgate, Johannesburg on Thursday 13 September. The awards are an initiative of the Business Engage Association NPC, sponsored by PricewaterhouseCoopers (PwC). The awards aim to... 

Success of Africawide free trade area will partly rest on world-class infrastructure

By: Creamer Media Reporter      3rd August 2018 The construction industry - a key partner in the economic integration of the continent envisaged by the African Continental Free Trade Area By Mokate Ramafoko, PPC Managing Director: International Operations 

Chicago Pneumatic heads north on the next leg of its generator give-way journey

27th July 2018 The month of June saw Chicago Pneumatic heading north to hand out a CPPG portable generator at each of the three Mining and Technical Exhibitions (MTEs) hosted by South Africa’s Northern Cape Province. Chicago Pneumatic invited its dealer, Turner Morris, to the Northern Cape MTEs which took place... 

More than 300 delegates expected

By: Donald Makhafola     27th July 2018 The Southern Africa Readymix Association (Sarma), The Concrete Institute (TCI), the Concrete Society of Southern Africa (CSSA) and the Concrete Manufacturers Association (CMA) are looking forward to hosting more than 300 delegates at this year’s The Concrete Conference (TCC), which will take... 

PPC launches new, extended product range despite economic headwinds

By: Simone Liedtke     26th July 2018 PPC Cement South Africa on Thursday launched its fit-for-purpose ‘Sure’ product range, with each of the six products in the range carefully designed for a specific application. Dubbing it the company’s “most significant rebranding and refocusing in over 100 years,” PPC Cement South Africa MD... 

Grass roots cricket given firm footing by JCB rollers

20th June 2018 Kemach JCB, official compaction equipment supplier to Cricket South Africa (CSA), was asked to present the Kemach JCB Groundsman of the Year Award during the recent 2018 CSA Awards Breakfast. In addition to paying tribute to both the emerging and established stars from the amateur ranks, the CSA... 

PPC delivers on strategic priorities, posts higher FY18 headline earnings

By: Simone Liedtke     18th June 2018 Cement producer PPC on Monday posted a 172% year-on-year increase in headline earnings to R231-million for the financial year ended March 31, while gross profit rose 3% on a strong performance by the group’s operations in Zimbabwe and Rwanda. The group’s cement sales volumes increased by 6% to... 

Botswana coal miner sees opportunity in regional shortages

By: Bloomberg     11th June 2018 Botswana’s sole operating coal mine will increase output almost threefold within seven years as it eyes export opportunities created by a shortage of the fuel that’s used to fire most of southern Africa’s power plants. Morupule Coal Mine in the east of the country will ramp up annual production... 

ELB Continues To Provide Know How Solutions To Multiple Sectors

24th May 2018 ELB announces the award of Debmarine-M.V. Grand Banks and completes Assmang’s Black Rock Projects, the Sack Tipping Unit for Unilever Nigeria and Colleen Bawn Clinker Loading in Zimbabwe ELB Engineering Services (ELB) is pleased to announce that it has been awarded the drying system for the M.V.... 

Innovation, relevance, succession planning key to industry survival

By: Jessica Oosthuizen     11th May 2018 The local concrete industry must continuously move forward to remain relevant in a competitive market amid a developing economy where alternative construction materials and practices are gaining popularity, says cement producer PPC technical information services specialist Hanlie Turner. “Three... 

Stakeholders remain hopeful of growth in local cement industry

By: Jessica Oosthuizen     11th May 2018 Various players in the cement and concrete industry say the sector is hoping and expecting that there will be improvements in the industry after being impacted on negatively for several years. Cement producer PPC technical information services specialist Hanlie Turner notes that the concrete... 

Urban soccer sculpture wins PPC Imaginarium Awards

By: Marleny Arnoldi     9th April 2018 Upcoming young artist Chris Soal was announced as the overall winner of cement supplier PPC’s Imaginarium Awards 2018.  

R2.1bn top-up deal takes PPC SA BEE shareholding to 30%

By: Schalk Burger     15th March 2018 Cement producer PPC on Thursday announced details of its R2.1-billion top-up black economic empowerment (BEE) scheme that, together with the BEE shareholding from two previous transactions, will result in an effective 30% BEE shareholding at the PPC South Africa level. The PPC Phakama... 

Energy-intensive firms say carbon tax wrong tool for reducing power emissions

By: Terence Creamer     14th March 2018 The Industry Task Team on Climate Change (ITTCC), which includes many of South Africa’s largest mining and industrial companies, says the proposed carbon tax will have no material impact on reducing carbon emissions from the electricity sector, which is responsible for around half of the... 

Jabu Moleketi succeeds Nelson as PPC chairperson

By: Nadine James     2nd March 2018 Peter Nelson has resigned as chairperson and nonexecutive director of cement manufacturer PPC, effective March 2. Former Deputy Finance Minister Jabu Moleketi has been appointed to succeed Nelson as chairperson. 

Jabu Moleketi nominated as PPC chairperson

By: Reuters     22nd February 2018 South African cement producer PPC said Jabu Moleketi has been nominated for the position of chairman of the board to succeed its current chairman Peter Nelson, as it aims to align the board with its strategic priorities. Moleketi is currently chairman of mobile phone network operator Vodacom... 

PPC to pay particular attention to its financial position in 2018

By: Simone Liedtke     15th February 2018 While Johan Claassen, who was, on Wednesday, appointed permanent CEO of PPC, does not foresee any major changes for the company this year, he notes that particular attention will be paid to the company's financial position this year. This, he explained to Engineering News Online, falls in line... 

PPC appoints Claassen as CEO

By: Simone Liedtke     14th February 2018 Cement producer PPC has appointed Johan Claassen as CEO and executive director of the company. Claassen has served as interim CEO for a number of months, with PPC chairperson Peter Nelson noting that he has overseen a number of important milestones, including the successful stabilisation of the... 

Greece's Mytilineos offers to upgrade Public Power coal plant – source

By: Reuters     12th February 2018 Greek industrial group Mytilineos has offered to pay for the revamp of a major coal-fired plant owned by State-controlled Public Power Corp (PPC) to keep it operational after 2019, a source at Mytilineos said on Friday. Mytilineos submitted a proposal to PPC suggesting that it, possibly with... 

PPC supported by Africa growth, while local sales dwindle

By: Megan van Wyngaardt     2nd February 2018 Construction materials supplier PPC's revenue for the nine months ended December 31, 2017, improved on that of the prior comparable period, with interim CEO Johan Claassen noting on Friday that the company continued to make good progress in terms of its deliverables. However, PPC noted that the... 

PPC Imaginarium Awards takes over prestigious Des Baker Award

By: Megan van Wyngaardt     2nd February 2018 Architecture schools in South Africa have been invited to send in submissions for the first PPC Imaginarium Awards for Architecture, being held on May 3, at 012Central, Pretoria. Following the same format of the esteemed Des Baker Award for outstanding architectural design by students, which has... 

PPC reschedules DRC cement plant debt

By: Megan van Wyngaardt     19th January 2018 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 Congo (DRC) operation, limiting PPC’s capital requirements to only interest payments from January this year to January... 

PPC ends merger talks with LafargeHolcim; proposes top-up BEE transaction

By: Schalk Burger     14th December 2017 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. The independent board set up by PPC to evaluate bids... 

Fairfax exits PPC partial acquisition bid

By: Natasha Odendaal     11th December 2017 Fairfax Africa Investments has withdrawn its intention to acquire R2-billion worth of shares in cement producer PPC. In an update to shareholders on Monday, JSE-listed PPC said it had received formal notification on Friday that Fairfax would no longer pursue the partial offer. 

African operations shine as PPC delivers higher H1 earnings

By: Natasha Odendaal     23rd November 2017 Cement producer PPC produced double-digit earnings for the first half of the 2018 financial year, with the JSE-listed group’s rest of Africa cement operations delivering a shining performance. For the six months ended September 30, net profit attributable to PPC shareholders increased by 188% to... 

PPC advises shareholders not to accept Fairfax offer

By: Megan van Wyngaardt     22nd November 2017 JSE-listed PPC’s board on Wednesday advised shareholders not to accept the R2-billion partial offer from a Fairfax subsidiary. The partial offer is conditional on shareholder approval, which will give effect to a merger between PPC and Afrisam Group. 

Third possible suitor shows an interest in acquiring PPC

By: Megan van Wyngaardt     13th November 2017 In addition to the buyout offer cement producer PPC has received from Fairfax Africa Investments and AfriSam, as well as the nonbinding expression of interest from LafargeHolcim, the company has now also sparked the interest of a third possible buyer, CRH. CRH has indicated that it is considering... 

PPC expects earnings to rise as Africa business grows

By: Megan van Wyngaardt     7th November 2017 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 earnings before interest, taxes, depreciation and amortisation (Ebitda) of between 3% and 6% for the half-year ending September... 

LafargeHolcim proposes African asset combination with PPC

By: Anine Kilian     27th October 2017 JSE-listed PPC’s share price rose nearly 5% early on Friday after it announced that it had received a credible expression of interest from LafargeHolcim to combine some of their African assets. The proposal also included a partial cash offer to PPC and a special dividend to PPC shareholders.   

PPC, NUM make headway on wage impasse

By: Creamer Media Reporter      19th October 2017 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. This followed a protected strike by the union on Monday after the parties were unable to reach an agreement through a Commission... 

NUM members down tools at PPC Cement over wages

By: African News Agency      17th October 2017 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 embarked on a strike over wages. This comes after the NUM gave PPC Cement a notice to strike on Sunday last week and... 

Dangote withdraws PPC offer

By: Natasha Odendaal     6th October 2017 Nigerian cement maker Dangote Cement has withdrawn its nonbinding expression of interest for the acquisition of South African cement producer PPC. In September, Dangote proposed a combination of the two companies. 

Comair dealing with poor economic situation in SA 

7th September 2017 The weak South African economy is affecting the local airline sector. Keith Campbell reports on how one local airline group, Comair, is meeting the challenge. 

PPC receives two other indicative merger proposals as AfriSam submits revised offer

By: Anine Kilian     4th September 2017 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 to PPC shareholders agreeing to the merger with AfriSam.   PPC on August 25 announced that merger negotiations between itself and... 

JSE censures prominent businessman Bheki Sibiya

By: African News Agency      1st September 2017 The Johannesburg Stock Exchange (JSE) on Friday censured prominent businessman Bhekokuhle Sibiya in his capacity as a lead independent director of technology firm, Alviva Holdings, after he was found in breach of the JSE Listing Requirements.  The JSE said Sibiya sold a total of 38 925 Alviva... 

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