PPC banks on new African projects to boost sales

No Image

South African cement maker PPC says cement volumes in South Africa, Botswana and Mozambique all faced pressure in the first quarter, with growth in South Africa in the low single digits.

 

However, the release of major infrastructural projects in South Africa, Botswana and Zimbabwe would provide a key driver for demand for cement products in the region, listed cement and lime, producer PPC said yesterday. In a trading update for the quarter to December last year, PPC chairman Bheki Sibiya said the South African trading environment would remain tough and highly competitive but PPC believed its various response strategies had positioned the company well.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

Have a Story? Send Us a tip
arrow up