Cement News tagged under: Zambia
Zambezi Portland reduces cement exports20 August 2013, Published under Cement NewsZambezi Portland Cement Limited (ZPC) has reduced its export sales by 50 per cent, effective from 1 August 2013, to cater for the increased demand of the product on the local market. ZPC sales and marketing manager Isaac Ngoma announced in a statement in Ndola yesterday that the company which had been exporting more than 14,000tpm of cement to neighbouring countries, will now reduce exports by half. Mr Ngoma explained that, with unprecedented levels of demand being experienced within th... |
Zambia prices reach record level09 August 2013, Published under Cement NewsCement prices in Zambia's capital, Lusaka, have increased for the third time in a month to reach record levels. Prices are currently ZMW85,000 (US$15.60), the highest ever seen on the Zambian market. Since fuel prices were increased over a month ago, cement prices have risen three times and are showing no signs of abating. Distributors across the city of Lusaka have said that the increase is meant to help offset the higher price of transportation costs, an issue which is reported to ... |
Lafarge Cement Zambia scales back exports to meet domestic needs02 August 2013, Published under Cement NewsLafarge Cement Zambia has reduced its exports by 15 per cent due to buoyant domestic construction market needs. Eugene Chungu, corporate affairs and communication director, told AllAfrica press: "In terms of exports, we have reduced from 35 per cent to 20 per cent of the total produce so that we focus on domestic consumption because the construction sector is booming. Mr Chungu added that Lafarge is currently exporting to five African countries: Democratic Republic of Congo (the company's ... |
Zambia: Zambezi Portland ups cement output13 June 2013, Published under Cement NewsZambezi Portland Cement (ZPC) has increased cement capacity from 1000tpd to 1400tpd in the last three months. ZPC acting chief financial officer, Peter Kang’ombe, said in an interview in Ndola that the increase in production was attributed to the booming construction sector that has provided high demand for the commodity. Mr Kang’ombe said the high demand for the commodity still surpassed the company’s production as the entire 1400t of cement was consumed by the local market within a da... |
Zambia: 'High cement prices will affect construction sector growth'13 June 2013, Published under Cement NewsCement traders in Eastern Province have accused Lafarge Cement Zambia of creating artificial shortages by preferring the international market. Meanwhile, local contractors in Lusaka have warned that the recent increments in cement prices could slow growth in the construction sector. However, Eugene Chungu, Lafarge spokesperson, said the recent increase in cement demand and prices, which had been caused by panic buying after the Lusaka plant shutdown three months ago, should ease following ... |
Zambia cement demand set for strong growth28 March 2013, Published under Cement NewsZambian cement demand is forecast to double over the next 10 years, according to the country’s largest cement producer Lafarge Zambia Cement. Domestic consumption in 2012 is expected to have reached 12Mt, having increased 11 per cent YoY. The average pace of growth will be 10 per cent a year until 2018, according to a report by Bloomberg citing Lafarge Zambia’s Cement’s acting CEO Chrissie Moloseni. Zambia is presently readying itself to co-host the United Nations World Tourism Organis... |
Dangote eyes further investment in Zambian market24 January 2013, Published under Cement NewsWith Dangote’s first cement plant in Zambia set to be completed next year, a senior company executive has said that plans for another new plant in the East African country are on the horizon. Dangote is currently constructing a 3000tpd greenfield plant situated in Ndola which is set to change the face of the domestic industry. When the plant comes on-stream, the new plant will make Dangote Cement the biggest producer in Zambia and is in line with this emerging cement major's impressive re... |
Lafarge04 January 2013, Published under Cement NewsThe Zambian government has expelled Lafarge's managing director Fola Esan, who is a Nigerian national, and is also trying to remove Muna Hantuba, the non-executive chairman. Apparently the two are not willing to give advantageous contracts to leaders of the ruling party and to ministers. More than 20 foreign businessmen have been expelled from Zambia in recent weeks. |
Zambia confirms Lafarge MD deportation11 December 2012, Published under Cement NewsLafarge Zambia's managing director Folayinka Esan has been flown back to his country of origin, Nigeria, for contravening the Immigration Act, Zambia's Home Affairs Minister Edgar Lungu has said. Mr Esan, 44, a Nigerian but a holder of a British passport, had his resident permit revoked on Wednesday this week for violating the Immigration and Deportation Act number 18 of 2010. "Mr Esan had his resident permit revoked and consequently cancelled on Wednesday because his conduct was found to ... |
Zimbabwe: Chilanga cement's Managing Director is deported07 December 2012, Published under Cement NewsThe Zambian government has deported the managing director of Lafarge cement barely a week after deporting directors of another cement plant Zambezi Portland. Fola Esan was bundled, denied access to his lawyers and put on next flight out of Zambia on Thursday afternoon. He has not been charged with any specific offence apart from the now famous charge of likely to be a danger to Zambia. But sources have told the Watchdog that Fola has been deported for refusing to give contracts to PF cadre... |