PPC says a lender-compelled rights issue is almost off the table, having now successfully completed the R515m sale of its lime business, while cement sales have increased to above prepandemic levels.
SA’s biggest cement maker is now “largely done” with a restructuring process aimed at bringing debt to sustainable levels, CEO Roland van Wijnen said on Tuesday. With no major expansion plans in the offing, the group is now sufficiently cash-generative to avoid tapping shareholders altogether, he said...
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Climate finance proposal could solve Eskom debt crisisThe financing proposal is the first of its kind in the world and has not yet been presented to government Thanks for been a God sent to my life because I was screwed on my first experience I’m forever grateful and will forever be proud of you anywhere, people like you are hard to find thank God my friend introduce you to me. peternice_ No it won’t.
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