PPC appoints Peter Nelson as chairman, effective immediately, following the retirement of Bheki Sibiya.
PPC may be seeking alternative underwriters for its R4bn rights issue as the fees charged by local banks are 'prohibitively expensive'.
Bheki Sibiya is the Chairman of PPC Cement and former Chief Executive for the Chamber of Mines South Africa.
PPC is pleased to announce the appointment of Mr Darryll Castle as executive director and Chief Executive Officer to the Board of PPC.
PPC is in discussions with the joint MD of its SA business‚ Richard Tomes who is considering resigning from the company, say sources.
PPC CEO Ketso Gordhan shocks the market with his resignation 'with immediate effect'‚ after less than two years as CEO.