Cement giant PPC urges govt to boost infrastructure spend as it runs at reduced capacity

The original article can be found here.

Article Highlights:

  • SA’s biggest cement producer, PPC, says the local industry is still contending with muted state infrastructure demand and pressure from imports.
  • It is only utilising about three quarters of its local capacity, and hasn’t been able to fully pass on price increases.
  • But demand in other key markets, Rwanda and Zimbabwe, remains robust, while the group is pleased that it has cut its debt.