Cement News tagged under: Reserve Bank of Zimbabwe

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PPC Zimbabwe to resume exports

19 March 2018, Published under Cement News

PPC Zimbabwe says it will leverage on an enhanced export incentive which the cement producer has been granted by the Reserve Bank of Zimbabwe (RBZ) to break even and resume exports despite high production costs, according to The Zimbabwe Independent. The central bank has approved the company’s application for an export incentive above the usual five per cent. PPC Managing Director Kelibone Masiyane said that the company’s export levels have dropped from 0.1Mta in 2014-15 to zero as cu...