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Africa & The Middle East

PPC to remain independent

PPC is to remain an independent company, after it rebuffed its final suitor, Swiss multinational, LafargeHolcim.


Fairfax withdraw bid for PPC

Canadian company, Fairfax Africa Investments, has withdrawn its offer for a partial stake in PPC, effectively ending the chances of a merger between South Africa’s two largest cement makers, PPC and AfriSam.


CRH walks away from PPC bid

Ireland-based building materials multination, CRH, has dropped its interest in acquiring South African cement maker, PPC.

Ohorongo recognised for quality and service

Ohorongo Cement has won the Large Enterprises Services of the Year award at Namibia’s Annual National Quality Awards, reflecting its commitment to local production and quality.

 

PPC reports positive half-yearly results

Boosted by growth in Rwanda and Zimbabwe, as well as improved finance costs, PPC reported positive half-yearly results with a strong rise in net profits.


More Africa & The Middle East news

PPC rejects Fairfax bid

PPC has rejected a bid by Fairfax Africa Investments for a stake in the cement maker that would also have seen the company merge with rival, Afrisam.

Lafarge Africa offers safety training

Lafarge Africa Plc has partnered with Canaancity Consortium, which is developing a number of estates in Nigeria, to offer construction-related health and safety training.

CRH moves on PPC

CRH has joined the battle for control of South Africa largest cement maker, less than a month after agreeing to take over the largest independent US producer, Ash Grove Cement.