Zimbabwe operations bolster PPC earnings

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 helped drive group earnings higher in the year ended March 31, 2026, as strong cement demand and operational improvements offset subdued conditions in the South African market, its parent company PPC Limited has said. The South African cement producer reported a 3,9 percent year-on-year in­crease in group revenue to R10,3 billion, largely driven…

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