Tuesday, 02 August 2016 10:23

PPC facing mounting pressure

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

Published in Construction Industry
Friday, 15 July 2016 18:35

PPC stuck in a block of debt

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.

Published in Construction Industry

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.

Published in Construction Industry

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.

Published in Construction Industry
Monday, 29 September 2014 13:14

Resigned PPC CEO fight for reinstatement

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

Published in Construction Industry
Tuesday, 23 September 2014 16:13

PPC CEO shocks market with his resignation

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

Published in Construction Industry

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.

Wednesday, 12 March 2014 16:08

PPC pay move is positive but not profound

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.

Published in Construction Industry
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Murray & Roberts is South Africa’s leading engineering and construction services company. It has delivered infrastructure throughout South and Southern Africa for more than 110 years and is today recognised as an international engineering and construction…