PPC reports 11% increase in revenue in FY22
PPC has reported group revenue for the 12 months ended 31 March 2022 of ZAR9882m (US$621.9m), an increase of 11 per cent YoY. Excluding Zimbabwe, group...
Source: cemnet.com
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PPC flags a plunge in its annual headline earnings
The shares of PPC closed weaker on the JSE, as it flagged a plunge in headline earnings for the year to the end of March and announced that it was the process of selling its its subsidiary, PPC Aggregate Quarries Botswana, for R61 million as it buckled under mounting debt.
Source: iol.co.za
Judgement in Balete case starkly contradicts that of Court of Appeal
25th May 2021 The Balete land case will get even more interesting if the Friday outcome is appealed at the Court of Appeal (CoA). That is because nine years ago, the CoA made findings that are in stark contrast to those made by a three-member panel comprising of Justices Michael Mothobi, Mokwadi Gabanagae, and Gabriel Komboni. The dispute is over the remainder of farm Forest Hill No 9 – KO which Balete bought from Aaron Siew in 1925. Ownership was transferred to Kgosi Seboko Mokgosi, in his capacity as supreme traditional leader of the Balete, for and on behalf of the tribe, which had itse...
Source: sundaystandard.info