Irish firm joins race for PPC

HARARE,November 14 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) says it has received a non-binding expression of interest from building materials manufacturer CRH, to acquire a controlling stake in PPC.

Larfarge makes play for PPC

HARARE, October 30 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) says it has received an offer from a global building materials and solutions company, LarfargeHolcim, challenging an earlier offer from Fairfax.

Dangote Cement bids for PPC

HARARE, September 14 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) on Thursday said it had received an offer from Nigeria’s Dangote Cement to acquire the company’s entire share capital.

PPC says H1 earnings to fall 90pct

BULAWAYO, November 1 (The Source) — Regional cement maker Pretoria Portland Cement (PPC) says it expects half year earnings to fall by up to 90 percent compared to the prior period due to high financing costs associated with a $150 million facility to buy own… Read More

PPC says expecting higher HY earnings

HARARE, June 1 (The Source) – Regional cement maker Pretoria Portland Cement (PPC) says it anticipates half year earnings to come in between 30 and 40 percent higher than last year, following the disposal of certain non-core assets which realised profit before tax of R100… Read More

Todd Moyo faces boot from PPC SA board

HARARE, November 18 (The Source) – Pretoria Portland Zimbabwe (PPC) chairman Todd Moyo faces boot from the PPC South Africa board at the company’s general meeting called for December 8. Moyo, who own a 4,9 percent stake in PPC Zimbabwe – together with prominent lawyer… Read More

PPC doubles capacity on new machinery

BULAWAYO, March 28 (The Source) – Cement manufacturer PPC has doubled production at its Bulawayo plant after acquiring and installing  new machinery, an official said on Friday. PPC managing director, Njombo Lukula said production has jumped to more than 1.3 million tonnes from 600,000 tonnes… Read More