Cement News tagged under: Cement and Concrete Institute of Zimbabwe

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Zimbabwe's cement prices skyrocket

11 September 2018, Published under Cement News

Cement prices in Zimbabwe have hit a new high with 50kg bags being sold for US$20-25 on the black market compared to the authorised retail prices of US$11.50/bag for ordinary Portland cement and US$10/bag for masonry cement. A statement released by the Cement and Concrete Institute of Zimbabwe (CCIZ) last week indicated that the industry may not be able to cope with the rising demand, estimated at 30 per cent year-to-date since the same period last year, unless foreign currency shortages ...