PPC says cheap imports could push SA cement production across the border
JSE-listed cement and building materials producer PPC has warned that the domestic cement industry will be pushed to produce and invest in neighbouring countries and bring cement from there into South Africa if the trend in cement imports continues.
PPC extends CEO’s contract to 2030
Building materials provider PPC Limited has announced that CEO and executive director Matias Cardarelli has agreed to extend his employment contract through 31 March 2030.
PPC bullish on Zimbabwe as demand lifts earnings
PPC says Zimbabwe remains one of its most attractive growth markets after strong local demand and improved commercial execution boosted profitability and strengthened the country’s contribution to the group’s foreign currency earnings.
PPC Zim’s US$30 million land deal collapses
The proposed sale of PPC Zimbabwe’s Arlington property in Harare to Transvaal Africa (Private) Limited for US$30 million has collapsed after the buyer failed to make the payment by the extended June 30 deadline.
PPC Zim revenue up 14pct, pays US$36 million dividend
PPC Zimbabwe has reported impressive results for the year ended 31 March 2026, with the unit posting a 14,3 percent increase in revenue to R3 567 million, and paying a cash dividend of US$36 million, significantly up from US$13 million prior year.
German firm eyes PPC acquisition
German building materials giant Heidelberg Materials is in early talks with banks to appoint financial advisers as it weighs a potential bid for cement group PPC Ltd, a deal that could affect majority-owned PPC Zimbabwe, according to people familiar with the matter.