PPC reports second year of strong earnings growth
South Africa-based PPC reported a second consecutive year of strong financial improvement in the year ended 31 March 2026, with EBITDA rising by 31 per cent to ZAR2.08bn (US$115...
Ppc Zimbabwe
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PPC reassures investors after Zimbabwe cement-import licence surge
Zimbabwean cement producer PPC has reassured investors that the recent surge in cement import licences will not impact its local cement volumes. The company issued the clarifica...
PPC Zimbabwe to accelerate solar plants construction
Pretoria Portland Cement (PPC) Zimbabwe will accelerate the construction of two solar power plants with a combined capacity of 30MW in Colleen Bawn and Bulawayo to enhance power...
PPC Zimbabwe warns of US$50m forex loss from cement imports
PPC Zimbabwe has warned that continued cement imports could cost the country US$50m annually in scarce foreign currency. The company's Managing Director, Albert Sigei, highlight...
Cement shortage hits Zimbabwean economy
Zimbabwe’s economic growth in the third quarter of 2023 was hit by a shortage of cement, according to local news source, Chronicle. The country’s economy grew by just 1.3 per ce...
PPC Zimbabwe forecasts 25% rise in domestic cement demand
PPC Zimbabwe has projected a 25 per cent increase in cement demand in the local market spurred by government funded projects and rising retail demand. Zimbabwe’s government attr...
PPC Zimbabwe expects to repay legacy debt in FY22
PPC Zimbabwe has acknowledged the receipt of US$11.2m under a legacy debts repayment facility. The company had accrued a US$21m debt due to cash flows generated in the country b...
Financial restructuring positions PCC for long-term recovery
Competent management is transforming PPC's prospects for the better. Under CEO Roland van Wijnen, the company has deconsolidated the company's Democratic Republic of Congo (DRC)...
PPC sees rise in sales volumes in the 3Q20
South Africa’s PPC has announced that its cement sales volumes increased 20-25 per cent YoY in the third quarter of 2020. "This trend has continued in October with strong cement...
PPC Zimbabwe to establish 32MW solar plant
PPC Zimbabwe has found an investor for its project to establish a 32MW solar plant at its Colleen Bawn plant in Matabeleland South province. Half of the plant’s output will be u...