Finweek English Edition - - INVESTMENT -

The PPC story has been all about Africa re­cently, and ev­ery time the CEO Ketso Gord­han pur­chased shares in the past, the SENS an­nounce­ment in­cluded a com­ment about his con­fi­dence in the group’s Africa strat­egy. He bought some R30m shares dur­ing Au­gust and Septem­ber. Then a SENS was is­sued say­ing that Peter Ester­huy­sen, the di­rec­tor in charge of the African strat­egy, has re­signed from the board with im­me­di­ate ef­fect. Now what? What­ever the rea­sons are be­hind the sud­den res­ig­na­tion, this

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