Displaying items by tag: Ketso Gordhan

PPC may be seeking alternative underwriters for its R4bn rights issue as the fees charged by local banks are 'prohibitively expensive'.

Cement producer PPC has had a spectacular fall from grace over the past few years, but the more immediate question is whether the company offers investment opportunities at its current bombed-out levels.

Domestic cement sales grew 4.6% in the third quarter of last year after contracting in the first two quarters, though sales were on track to come in lower than in 2013

PPC is in discussions with the joint MD of its SA business‚ Richard Tomes who is considering resigning from the company, say sources.

Foord Asset Management reportedly obtains the backing of more than 10% of PPC's shareholders to force the board to hold a special shareholder meeting.

Ketso Gordhan‚ who resigned as CEO of PPC, lining up a series of meetings with shareholders to build support to battle for his reinstatement.

PPC CEO Ketso Gordhan shocks the market with his resignation 'with immediate effect'‚ after less than two years as CEO.

Civil engineers and contractors want to put forward concrete proposals to the government to reform infrastructure development processes and foster closer ties.

CEO of PPC Ketso Gordhan calls for the reform of SA's infrastructure procurement processes and proposes the creation of professional oversight bodies to fast-track infrastructure projects.

Five months after cement group PPC froze top management salaries in order to increase the wages of its lowest earners, analysts say it is too early to assess whether it will have a material effect on labour relations.