Chairman’s report

Economic counsellor and director of research Maurice Obstfeld comments that “global recovery continues but at an ever-slowing and increasingly fragile pace”.
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CEO’s report

Progress with our new strategy includes the acquisition of 3Q Mahuma Concrete, the largest independently owned readymix concrete supplier in southern Africa.
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CFO's report

The company has made significant progress in addressing its short-term liquidity constraints.
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Performance highlights

FINANCIAL CAPITAL
Profit improvement programme delivered R178 million for 2016
(to date: R390 million)
NATURAL CAPITAL
R22 million De Hoek finishing mill bag-filter upgrade has reduced dust emissions to well below compliance limits
HUMAN CAPITAL
Over 100 employees have benefited from the PPC Zimbabwe housing initiative
MANUFACTURED CAPITAL
Recently commissioned plant in Rwanda sold over 120 000 tons of cement at the expected margin

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Operational review

Our strategic aspiration is to exceed the expectations of all our stakeholders on a sustainable basis. Achieving this strategic aspiration requires fundamentally changing our corporate culture while excelling at the five pillars of our strategy.



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Governance review

Our governance report is structured in two parts in line with the latest practice in governance reporting. The first part tells the governance story of PPC, while the second focuses on compliance with applicable governance and regulatory standards.



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Sustainability review

13 of 18 South African sites and seven of 10 international sites record zero lost-time injury frequency rate (LTIFR). Six sites exceed one million lost-time injury-free hours, with PPC Bulawayo and PPC Riebeeck at over 2,5 million hours



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