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Tag: PPC

Cement import growth of 85% is driven by Vietnam

Vietnam was the major driver of an 85 percent year-on-year increase in cement imports into South Africa last year, according to construction market intelligence firm Industry Insight. It said a total of...

PPC gains from aborted takeover

South African cement producer PPC's share price has gained more than 26percent on the JSE since it managed to shrug off a takeover attempt by AfriSam in November. The AfriSam...

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 Day, Mboweni allegedly quit over irreconcilable differences  about the strategic direction...

Tyred and tested

Production at cement giant PPC’s De Hoek plant near Piketberg has quite literally been retreaded. The De Hoek plant – which started production in 1923 – might be one of the...

PPC chairman Sibiya stands down

Shares in PPC plunged after the listed cement and lime producer reported that chairman Bheki Sibiya was standing down without anyone to replace him. PPC shares fell by as much...

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Western Cape remains an attractive destination for foreign direct investment

Global foreign direct investment (FDI) flows recovered to US$1.58 trillion in 2021, up from US$963 billion recorded in 2020 and higher than pre-pandemic...

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