PRETORIA PORTLAND CEMENT ENGINEERING HR PART B Case Solution
Bheki Sibaya explained that building on its new plant in Rwanda was PRETORIA PORTLAND CEMENT ENGINEERING HR PART B progressing properly, with commissioning envisioned early following yr, though development get the job done continued at its web pages in Ethiopia plus the DRC.
Further more to responses within the media where by particular fund professionals purportedly referred to as for your Specific shareholders' Assembly, PPC wishes to update all stakeholders about the info of your make a difference.
To be a courtesy, PPC needs to tell stakeholders that there'll become a webcast of its 2014 final outcomes presentation at 10h00 nowadays.
In exchange for immunity from prosecution PPC has agreed to cooperate thoroughly with the Fee until eventually the investigation and tribunal proceedings are finalised.
In spite of disappointing cement demand in South Africa's metropolitan locations, the focused initiatives in the PPC crew to streamline creation and logistics as well as beneficial brings about the PRETORIA PORTLAND CEMENT ENGINEERING HR PART B company's other sectors have all contributed to a lovely initially quarter.
For the duration of August the organization are going to be unveiling the completion of a water works in the Wittewater Local community near Piketberg. PPC will begin by using a new environmental authorization procedure and can carry on to engage with all the afflicted communities inside the Riebeeck West and Piketberg locations concerning the new programme.
PPC management is going to be hosting buyers and analysts within the Western Cape functions on Friday, 25 March 2011, through which a presentation are going to be built on several aspects of the PRETORIA PORTLAND CEMENT ENGINEERING HR PART B operations such as info on the corporate's growth and upgrade designs with the region. Shareholders are herby knowledgeable that the presentation is often accessed on PPC's Web-site,
The growth inside the South African overall economy and continued high need in equally the residential and non-household creating sectors boosted cement volumes to report degrees. This, together with enhanced operational efficiencies, tight Charge Regulate and several rate realisation has resulted in an excellent performance with the group for the year. team income greater sixteen% to R4.0 billion (R3.
PPC declared that, issue into the fulfilment of situations precedent, it's got concluded agreements for the subscription and situation of recent PPC standard shares of R0.ten each, and it has proven trusts to accumulate PPC shares from existing PPC shareholders, both instantly or indirectly through Particular purpose motor vehicle private businesses, beneath a plan of arrangement proposed because of the immediate Trusts along with the Funding SPVs.
The raids were in pursuance in the commission's investigation of achievable collusion in the cement business.
PPC already contains a level a single score in the precise parts of fairness ownership, company enhancement and socio-financial enhancement. In addition to this, PPC has actually been awarded amount 3 gold contributor standing for its national company social investment decision plan.
PPC declared that Mr Helepi has resigned as an govt director of the corporate and its affiliated boards with outcome from fourteen February 2013, to go after other passions outdoors the PPC Group.
Earnings for every share for the 1st fifty percent of 2015 are anticipated to replicate a year-on-year decline mainly due to previous 12 months?s as soon as off tax credit rating coupled with elevated finance expenditures In this particular 12 months.
PPC nowadays introduced a ultimate Environmental affect Report, another phase in the method that can see it invest more than R4 billion in a different cement manufacturing unit that has a capability of all around one.3Mt/yr to both of those exchange and expand its growing old plant at Riebeeck while in the Western Cape. the prevailing plant which dates again to 1959, produces around 550 000 plenty of cement a calendar year and is also reaching the tip of its economic lifestyle.