A multimillion-dollar land transaction involving cement giant PPC Zimbabwe has been thrown into turmoil after a housing cooperative launched a High Court battle claiming rightful ownership of the same property. In a notice to shareholders last week, PPC Ltd announced it had sealed a US$30 million
A legal battle has erupted over prime real estate on near the Robert Gabriel Mugabe International Airport, with Nyikavanhu Housing Cooperative dragging cement manufacturer PPC Zimbabwe Limited and other parties to the High Court, alleging a “calculated and well-coordinated” attempt to seize land already lawfully
Regional cement maker PPC Limited says its Zimbabwean subsidiary suffered a seven percent slump in sales volumes in the 5-months to August (H1) but however still managed to sustain previous comparative period levels thanks to a robust demand in the Rwandan market. PPC Zimbabwe operations suffered
President Emmerson Mnangagwa has urged industry to embrace the government’s education 5.0 model within tertiary institutions for import substitution. Under Education 5.0, Zimbabwe’s state universities must launch into outcomes-focused national development activities towards a competitive, modern and industrialized Zimbabwe. It is now all about problem-solving for
Leading cement manufacturer, PPC Zimbabwe's operations have been weighed down by liquidity challenges, slowing economy and increasing competitive landscape, the company's Group Chairperson Peter Nelson has reported. According to Nelson's statement in the company's half year report ending 30 June 2017, it has been a turbulent
Zimbabwe’s leading cement manufacturing company PPC Zimbabwe has decried high operating costs that render their products uncompetitive on the regional market, calling for government intervention and save the situation. Addressing journalist after the commissioning of PPC Zimbabwe Harare manufacturing plant by President Robert Mugabe on Thursday,
PPC Zimbabwe, the leading cement producers on Friday commissioned a new US$85 million state of the art plant in Msasa with an annual production capacity of 700 000 tons of cement and a combined 1.4 million tons together with the Bulawayo plant. Speaking at the official
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