PPC Zimbabwe pays US$13 million dividend

The transaction for the approximately 418 hectares of land is valued at US$30 million.

PPC says its Zimbabwe operations increased its year-to-date dividend payout to US$13 million, up from US$11 million in the comparable period, driven by a surge in free cash flow generation.The cement producer said PPC Zimbabwe reported a nine percent decline in volumes during the period to January 31, 2025, mirroring the trend seen at the…

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