Zimbabwe: PPC capacity utilisation “less than ideal”

The managing director of PPC Zimbabwe, Kelibone Masiyane, has admitted that his firm’s capacity utilisation is “less than ideal” due to the downturn in the country’s economy, the Chronicle writes.

Mr Masiyane said that reduced economic activity had led to a drop in demand for PPC’s output but insisted that conditions would improve in the short- to medium term.

In November PPC Zimbabwe expanded its capacity in the country with the opening of a new grinding plant in Harare.