PPC - June 2014
PPC Zimbabwe has seen its cement sales fall by five per cent in the first five months of 2014 due to a slowdown in housebuilding. According to Njombo Lekula, managing director, while in the past few years there has been significant growth in housebuilding in Zimbabwe, the country’s current economic situation has had an impact on activity in that area. This development comes as PPC is due to start construction on a new US$200m cement plant in the northeastern part of Zimbabwe.