PPC sees easing in SA cement demand
Subdued SA and Botswana sales and shutdown in Zimbabwe offset by robust demand in Rwanda
14 September 2022 - 19:18
Lower demand in SA and hyperinflationary accounting in Zimbabwe led to subdued operational performance by cement maker PPC in the five months to end-August.
Despite the headwinds though the group slashed its debt from R1.2bn in March 2022 to R1bn by August, it said in an operating update on Wednesday...
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