Latest articles on PPC

Under-pressure cement sector wants tariffs

The sustainability of the local industry is under threat, say producers, as concrete makers face a perfect storm of oversupply and cheap imports

PPC seeks more Africa projects to boost cement capacity by 75%

The cement giant expects to producing 14-million tonnes by 2017 on the back of expansion across the continent.

PPC confesses to being part of cement cartel

Cement producer PPC on Wednesday admitted that it was involved in market-sharing arrangements with other cement producers.

Competition Commission raids cement producers

The Competition Commission on Wednesday raided the premises of cement producers in Gauteng and KwaZulu-Natal, it disclosed on Thursday.

Comp Commission shifts focus to cement sector

PPC on Thursday advised that the Competition Commission had conducted a search-and-seizure operation at the premises of major cement manufacturers.

PPC: ‘Good results in a challenging year’

SA cement manufacturer PPC on Monday reported an 8% rise to 283 cents in its headline earnings per share for the year ended September 2008.

‘Very, very boring day on the JSE’

The JSE was looking lifeless at midday on Tuesday, as there was no real driver to push the market in either direction, traders said. By 11.59am, the JSE's broader all-share index had shed 0,1%. The gold mining index dropped 3,14%, resources fell 1,48% and the platinum mining index declined 0,55%.

Commodities, Dow futures propel JSE

Commodity counters and positive Dow futures kept the JSE firm by midday on Thursday, with platinum counters leading the gains, traders said. At noon, the JSE's broader all-share index was up 1%. The platinum mining index advanced 2,89%, resources climbed 1,89% and the gold mining index was up 1,59%.

JSE steady, unmoved by inflation data

The JSE was steady at midday on Wednesday, unmoved by the release of local CPI and CPIX data which was in line with market expectations. By noon, the JSE's all-share index had collected 0,52% as the gold-mining index advanced 1,22%. The platinum-mining index added 0,95% and financials climbed 0,68%.

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