PPC Zimbabwe says it is currently operating at a “less than ideal capacity utilization” due to reduced activity in the economy, but remains confident of a positive turnaround in the market in the short to medium term.
PPC Zimbabwe managing director, Kelibone Masiyane, said that the company was faced by a number of problems, chief among them the liquidity crisis.
“As you are aware, we recently increased our capacity by putting up our new 700 000 tonnes per annum milling plant in Harare. This increased footprint presents us with great opportunities in the north of the country,” Masiyane said.
