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190 posts · Page 7 of 19

PPC posts better-than-expected 1H in Zimbabwe

PPC posts better-than-expected 1H in Zimbabwe

South Africa-based PPC has said its cement sales volume in Zimbabwe surpassed expectations as sales increased by 19 per cent in the six months to September as cement demand in t...

PPC not to raise capital and focus on growth

PPC not to raise capital and focus on growth

South Africa-based PPC has successfully refinanced its debt and is close to finalising its restructuring. Therefore, the company will not require a capital raise, said its CEO, ...

Lafarge Cement Zimbabwe's CEO steps down

Lafarge Cement Zimbabwe's CEO steps down

Lafarge Cement Zimbabwe Ltd has announced the resignation of its CEO, Precious Murena, with effect from 9 September. Precious Murena joined the company in 2011 and became CEO in...

Cement prices rise in Zimbabwe

Cement prices rise in Zimbabwe

Zimbabwe's construction sector appears to be on course for a revival, driven by public spending on infrastructure and private development. However, a recent increase in cement p...

PPC reports 3% increase in revenue

PPC reports 3% increase in revenue

South Africa’s PPC has reported a three per cent YoY increase in group revenue for the year ended 31 March 2021, rising to ZAR8938m (US$626.07m) from ZAR8671m, due to a recovery...

Zimbabwean import ban raises supply concerns

Zimbabwean import ban raises supply concerns

Zimbabwean retailers are concerned over the capacity of local cement companies to satisfy demand after a cement import ban has been implemented. However, the government is keen ...

Lafarge Zimbabwe records improvement in 3Q20

Lafarge Zimbabwe records improvement in 3Q20

Lafarge Cement Zimbabwe has stated that the gradual easing of COVID-19 lockdown restrictions and a general improvement in the business environment has supported a rebound for th...