Housing pressure drives PPC volumes

PPC Zimbabwe says housing pressure in the country continues to work in its favour as individual home builders are driving cement sales, with 79 percent of sales being in bags and the remainder in bulk.
Zimbabwe’s housing backlog is estimated at 1,2 million units.
Addressing journalists after a tour of the Harare plant last week, PPC general manager sales and marketing Zanele Dube said though PPC was supporting a host of government projects, bulk cement sales lagged behind bagged sales.

“The major driver of our revenue is bagged cement sales because Zimbabweans are building despite the tough economic conditions that we have in the country. I know most people think that because we are supporting big government projects, bulk sales should be bigger. But it’s not the case,” sh