Mash Holdings targets to increase exposure to medical sector

📅 Published: August 15, 2025

Curated by AllZimNews.com

In PPC International the May cement sales volumes were less than 5% below the same period in 2019, mainly driven by strong sales volumes in Rwanda.

The company saw strong demand recovery in June 2020, as the cement sales volumes in South Africa grew by double digits compared to June 2019.

This recovery is mostly driven by the absence of imports that has given an opportunity for local producers like PPC South Africa to grow. “In line with earlier communication and action plans, PPC considers it crucial for the sustainability of the local cement industry that substandard cement and imports are properly addressed.

Cement sales volumes in PPC International also show a year-on-year growth in the month of June 2020,” Pillay said. “On the back of the improved sales volumes and the various cost and cash preservation measures, the cash flows for the last two months have shown a positive trajectory.

PPC continues to have the support of its lenders to navigate the impact of the health and economic crisis. 🔗

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