PPC Zim forex adoption sheds US$7,06m net monetary loss
Over the past few months, many firms have been moving away from local currency accounting to use United States dollars reporting, given the volatility of the Zimdollar.
By Tatira Zwinoira
Jun. 13, 2024
PPC Zim registers strong growth
The suspension was a result of government’s suspicion that fungible counters were aggravating the depreciation of the domestic currency, which has been falling since 2016.
By Mthandazo Nyoni
Mar. 29, 2024
PPC Zim appoints first female production manager
In a Press statement, PPC announced the appointment of Kudzanayi Nyagwaya as the new production manager.
By Jerssie Mpofu
Feb. 13, 2024
Understanding the cement oligopoly
Currently, individuals can import up to five tonnes of cement per person, while corporates can import 30 tonnes per firm until the end of December 2023.
By Victor Bhoroma
Nov. 24, 2023
PPC Zimbabwe appoints Albert Sigei as new MD
He takes over from Kelibone Masiye who is leaving the company after 29 years. Seven of those years were at the helm of the company, PPC Zimbabwe said.
By Business Reporter
Oct. 17, 2023
PPC consolidates shareholding in Zim unit
The suspension was a result of government’s suspicion that fungible counters were aggravating the depreciation of the domestic currency, which has been falling since 2016.
By Mthandazo Nyoni
Sep. 21, 2023
Cement makers on edge as cartels flood Zim
In the past year, they convinced government to block cement imports to protect their businesses.
By Tinashe Makichi
Jun. 30, 2023
PPC invests US$5m to stop pollution
“PPC Zimbabwe recently installed a baghouse filter to upgrade from the electrostatic precipitator (ESP) technology that was being used for dust abatement on the kiln and raw mill systems.
By Nizbert Moyo
Jan. 22, 2023
PPC revenue falls after plant shutdown
The revenue stood at R1,24 billion (US$71,43 million) during the same period in 2021.
By Mthandazo Nyoni
Nov. 25, 2022