PPC reports on Rwanda (Cimerwa) cement business
Rwanda continues to see strong demand for cement in all its markets, with cement sales volumes increasing by 13% period-on-period
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PPC reports on South Africa and Botswana cement business
Cement sales volumes in South Africa and Botswana decreased by 6% period-on-period for the five months ended August 2023. Cement
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PPC Zim volumes down 16% despite robust cement demand
Volumes year-on-year were down 16% despite robust cement demand from concrete product manufacturers and government-funded infrastructure projects. This is due
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PPC: SA market remains muted and competition remains high
The coastal region of the cement business continued to see relatively better demand for cement compared to the inland region
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PPC expects cement sales in SA and Botswana to drop by 4% to 7%
PPC expects cement sales volumes in South Africa & Botswana to decrease by 4% to 7% year-on-year for the twelve
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Different markets in different countries where PPC operates
SANDTON – The twelve months ending 31 March 2023 has been characterized by different market conditions in each of the
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PPC cement sales price increases limited to 5%
The PPC group continues to deliver sound cash generation and deleverage the balance sheet despite difficult trading conditions in its
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Cement in South Africa and Botswana in line with the prior year
Cement sales volumes in the region for the 12 months ended 31 March 2022 were in line with the prior
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PPC Group revenue for the year increased by 11% to almost R10bn
PPC Group revenue for the 12 months ended 31 March 2022 increased by 11% to R9 882 million (March 2021:
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PPC ready to benefit from growing cement demand in Africa
Despite the uncertain trading environment and macro-economic backdrop, the PPC group is well-positioned to benefit from growing cement demand in
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PPC: increased cement sales, higher prices and stringent cost control
Cement sales volumes in the South Africa and Botswana region increased by 12% – 15% period-on-period for the six months
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Only SA-produced cement permitted on all public sector projects
South Africa’s Treasury Department issued a circular effectively banning imported cement in government-funded projects from 4 November 2021. Importers of
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PPC expects double-digit year-on-year growth in sales volumes
SANDTON – PPC expects total Group cement sales volumes for the six months ending 30 September 2021 to increase by
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Disposal of PPC Lime and Aggregate Quarries Botswana by PPC Limited
In terms of the PPC Lime Disposal, PPC South Africa Holdings Proprietary Limited, a wholly-owned subsidiary of the Company, entered
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PPC experienced increased demand in some market segments
PPC Group revenue increased by 3% to R8 938 million (March 2020: R8 671 million) due to the recovery in
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PPC sells its non-core Botswana assets
PPC Limited in its trading statement reports that earnings before interest, tax, depreciation and amortisation (EBITDA) for continuing operations is
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PPC disposes of PPC Lime operations
PPC has announced that PPC South Africa Holdings, a wholly-owned subsidiary of the Company (the Vendor), entered into transaction agreements
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PPC removes financial obstacles for DRC plants
Johannesburg – PPC reached a deal to restructure debt at its PPC Barnet business in the Democratic Republic of Congo
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PPC restructures and refinances its projects
SANDTON – PPC is undertaking a restructuring and refinancing project with the objective of implementing a sustainable capital structure and
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PPC African operations showed healthy revenue growth
In Rwanda, CIMERWA continues to benefit from robust cement demand, driven by large infrastructure projects, growth in the retail market,
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PPC reports positive cement demand momentum Zimbabwe
Although trading conditions in Zimbabwe were characterised by a challenging economic environment and the impact of COVID-19 related lockdown restrictions,
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South Africa cement sales rebound with double-digit growth
PPC experienced muted cement sales in April and May 2020 as a result of COVID-19 related trading restrictions in South
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MC Mining acting CEO and CFO resigns, head-hunted by PPC
MC Mining has announced that Brenda Berlin will step down as acting Chief Executive Officer and Executive Director effective 15
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SA largest cement producer rocks the JSE amid strong recovery
Despite the initial COVID-19 related trading restrictions, PPC revenue increased by 1% to R5 006 million (September 2019: R4 948
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PPC cement sales continue to show double-digit growth
As previously reported, PPC experienced muted sales in April and May 2020 due to the COVID-19 restrictions imposed across most
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PPC’s high growth of cement volumes in June to September
PPC’s cement operations ramped up in May 2020 post the Covid-19 restrictions imposed at the end of March 2020 across
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Cement sales in SA up due to absence of imports
PPC has reported in its trading statement and operational update that basic earnings are expected to decrease by more than
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