Performance highlights


Financial capital

Rest of Africa (RoA) contribution to EBITDA
increased to

(2016: 23%)     * Excludes Botswana as per our segmental

Cost containment –
administrative and operating costs fell
2% to
R1 049 million
in spite of the acquisition of 3Q during the year
(2016: R1 065 million)

As a result of the rights issue and unwinding of BEE I, net debt:EBITDA ratio decreased from
3,7x to 2,3x
as net debt declined from R8,7 billion in 2016 to R4,7 billion in 2017



  Completion and handover of BWP4 million house to winner of PPC Building Dreams competition in Botswana  
  Comprehensive programme significantly reducing malaria prevalence at our DRC project and adjacent villages  
10 500 learners
across 12 schools in South Africa with mobile science lab project
BEE procurement spend of R4,8 billion exceeded dti’s revised compliance target of 80% – level 3 contributor to broad-based black economic empowerment in terms of enterprise and supplier development

Partnered with Protea player, Temba Bavuma’s foundation to support cricket development in Gauteng



PPC Harare commissioned and officially opened by President Mugabe. The project was completed on time and under budget.
Manufacture caital
Hot commissioning at PPC DRC Barnet started in February 2017 after bulk power supply to the plant was completed, with first cement and clinker produced in March 2017
Habesha cement plant inaugurated after year-end by Prime Minister Desalegn in April 2017, started production in May 2017
Major construction projects secured in Botswana, including Boatle highway, Shakawe Primary hospital and Kazungula bridge


    According to the latest climate survey, employee engagement level remains high (76,2%) despite challenges of the past year    
    Project Msasa, the new milling plant in Harare, successfully commissioned with zero LTIs over construction period of
22 months


Dwaalboom kiln (DK1) electrostatic filter converted to a baghouse, reducing dust emissions to less than 30mg/Nm3 in line with 2020 minimum emission standards well ahead of schedule
  ISO 14000 environmental management systems certification at Bulawayo and Colleen Bawn in Zimbabwe  
  PPC recorded 41% improvement in dust emissions,
relative to the last financial year
  Classified waste streams to ensure their disposal complies with regulations by August 2016 deadline  


240 engineering learners have qualified from our accredited Technical Skills Academy since 2002
    Intellectual capital    
    Successfully commissioned three greenfield projects, demonstrating our ability to deliver complex projects abroad