PPC elevates Zim to strategic growth market
PPC received a US$36 million dividend from its Zimbabwean subsidiary after the local operation declared and paid the dividend for the financial year-ended March 31, 2026.
By Blessed Ndlovu
5h ago
PPC Zim pays record US$36m dividend
PPC Zimbabwe recorded an 18% increase in sales volumes during the review period, driving a 14,3% rise in revenue and helping lift group revenue by 3,9% to ZAR10,25 billion.
By Tatira Zwinoira
Jun. 9, 2026
PPC, Sinoma overseas partner on Zimbabwe cement expansion drive
“Collectively, we aim to improve efficiencies and production levels at our current assets and potentially establishing new clinker and cement production capacity in Zimbabwe.”
By Boitumelo Makhurane
May. 20, 2026
PPC invests in 30MW solar plants amid outages
SOUTH African cement manufacturer, PPC Limited, has revealed that the group is constructing a 30 megawatt (MW) solar programme in Zimbabwe
By Tatira Zwinoira
Jul. 28, 2025
Govt returns PPC Zim land
This was supported by a 14,4% reduction in cost of sales and a R46 million (US$2,6 million) decrease in administrative and operating expenses.
By Tatira Zwinoira
Jun. 13, 2025
PPC reports 12% decline in revenue for Zim operations
In a trading update for the 10 months ended January 31, 2025, PPC revealed that local volumes declined 9% in the current period, consistent with the 9% decline at the half-year.
By TAFADZWA MHLANGA
Mar. 4, 2025
PPC records weak performance from Zim business in H1
Dividends of US$11 million were paid during the year, from a 2023 comparative of US$10 million.
By Tatira Zwinoira
Oct. 30, 2024
PPC reorganises executive committee to drive productivity
There were no new appointments to the board because of these changes.
By Business Reporter
Jan. 22, 2024
