The Markets Ledger

PPC Zim’s US$30 million land deal collapses

The proposed sale of PPC Zimbabwe’s Arlington property in Harare to Transvaal Africa (Private) Limited for US$30 million has collapsed after the buyer failed to make the payment by the extended June 30 deadline.

PPC appoints Barloworld-linked executive as new CFO

JSE-listed cement producer PPC has finalised its long-term financial leadership transition, tapping into Barloworld’s joint-venture executive talent pool to steer its balance sheet and governance frameworks.

PPC Zim revenue up 14pct, pays US$36 million dividend

PPC Zimbabwe has reported impressive results for the year ended 31 March 2026, with the unit posting a 14,3 percent increase in revenue to R3 567 million, and paying a cash dividend of US$36 million, significantly up from US$13 million prior year.