S&P maintains PPC sub-par rating

S&P Global (S&P) this week maintained a sub-par rating of BBB for PPC due to persistent macroeconomic risks in Zimbabwe, among a number of challenges facing the cement producer. The announcement comes as PPC has terminated its rating service agreement with the American market intelligence giant after completing the repayment of its Bond Programme. “The…

Subscribe to read full article. Subscribe today

Related posts

Stanbic boosts spending on local suppliers

Hippo Valley flags water risks

PPC margins surge on plant efficiencies

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More