PPC Bets on Zimbabwe Cement Demand Despite Economic Volatility
South African cement producer PPC Limited is bullish on its Zimbabwe operations, citing strong local demand and improved commercial execution that lifted profitability, the Financial Gazette reported. The company said Zimbabwe experienced strong underlying demand during the financial year ended March. The performance boosted the group's foreign currency earnings. PPC's bullish stance reflects confidence in sustained demand. The cement producer's results signal resilience in a challenging economy.