Lafarge Cement Zimbabwe

27 posts · Page 2 of 3

Lafarge Zimbabwe sees cement demand drop 19%

Lafarge Zimbabwe sees cement demand drop 19%

Lafarge Zimbabwe has seen a 19 per cent decline in cement consumption. Flora Chinhaire, Lafarge Zimbabwe Company Secrtary reported that hyper-inflation in the country had impact...

Lafarge Zimbabwe obtains US$30m loan

Lafarge Zimbabwe obtains US$30m loan

Lafarge Cement Zimbabwe has obtained a long-term US$30m facility from its parent company to enable settlement of outstanding obligations, according to The Zimbabwe Independent. ...

Lafarge suffers loss on high tax payment

Lafarge suffers loss on high tax payment

Lafarge Cement Zimbabwe reported a loss of ZWD1174m (US$4.9m) for 1H18 due to a significant tax settlement. In 2017, the company disclosed a contingent liability of ZWD7.9m rela...

Zimbabwe: firms face closure

Zimbabwe: firms face closure

Due to an influx of cheap imported products in Zimbabwe, local cement producers have warned of a possible scaling down of operations and closures, saying protectionist measures ...

Zimbabwe: Lafarge Cement records 2015 loss

Zimbabwe: Lafarge Cement records 2015 loss

Lafarge Cement Zimbabwe has said that expects to see a return to profitability in 2016 after recording a loss of US$1.9m in 2015. Announcing its results for the year, Lafarge bl...

Lafarge Cement Zimbabwe full-year volumes down

Lafarge Cement Zimbabwe full-year volumes down

Lafarge Cement Zimbabwe's volumes came off by 7.4 per cent to 312,000t for the year ended 31 December 2014 from 337,000t in the prior year. The decline in sales was attributed t...

Lafarge Zimbabwe revenue declines 11%

Lafarge Zimbabwe revenue declines 11%

Lafarge Cement Zimbabwe recorded a 11 per cent decline in turnover to US$60.4m for the year ended 31 December due to a drop in volumes and prices.