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PPC tops BBBEE rankings

Southern Africa’s leading cement producer, Pretoria Portland Cement (“PPC”) has achieved the highest ranking broad-based black economic empowerment (“BBBEE”) status in the cement industry. Having climbed from a level 3 to a level 2 contributor, PPC customers are now able to claim 156% of their spend with the company towards their own empowerment rating.

The second improvement in the company’s rating in one year; this achievement confirms PPC’s ongoing commitment to meaningful transformation in South Africa.

“I am proud to announce that our new level 2 rating is a number of years ahead of our original target date,” said Paul Stuiver, CEO of PPC. “At PPC, meeting all of the objectives laid out in the department of trade and industries bee codes of good practice is vital and we will continue to strive toward reaching the highest level.”

PPC already has a level 1 rating in the specific areas of equity ownership, enterprise development and socio-economic development.

In addition to this, PPC has been awarded level 3 gold contributor status for its national corporate social investment program. Awarded by the department of social development in conjunction with the national CSI registrar, this achievement recognises PPC’s dedication to building a strong and sustainable South Africa.

PPC BBBEE Level 2 Contributor Certificate 2010

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