Zimbabwe turmoil weighs down PPC

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SOUTH African cement producer, PPC, says its revenue for the half-year to September 2019 declined by 12 percent due to subdued performance of its Zimbabwean subsidiary, PPC Zimbabwe. The group’s revenue declined to R4,9 billion from R5,5 billion recorded in the prior comparable period. “The decline is attributable to a 17 percent decline in overall…