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.
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