PPC Zimbabwe sales up 22 percent

The positive outlook comes as PPC Zimbabwe increasingly becomes an important hard-currency generator for the group, with foreign currency sales accounting for 99 percent of total sales up from 84 percent in the prior year.

PPC Zimbabwe’s cement sales increased by 22 percent year-on-year during the four months ended July 31, 2025, driven by strong consumer demand and the positive impact of the 30 percent tariff on imported cement introduced in May.The strong revenue performance enabled the company to pay US$20 million in dividends to its parent company, PPC Limited…

Subscribe to read full article. Subscribe today

Related posts

Delta pushes tax reforms ahead of 2027 Budget

Group takes full ownership of Transerv

Kavango flags funding risk

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