Lafarge Zambia reduces cement price by 5-10%
Lafarge Zambia has reduced the price of cement by 5-10 per cent from 30 October 2021. The price reduction was said to be inevitable due to the appreciation of the kwacha against...
Lafarge Zambia
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Huaxin Cement plans US$160m investment in African expansion
Huaxin Cement plans to spend US$160m to purchase cement factories in Zambia and Malawi to expand its presence in Africa, according to a company statement. Huaxin Hainan Investme...
Lafarge Zambia posts losses of ZMW12.3m in 1H20
Lafarge Zambia Plc has posted losses of over ZMW12.3m (US$615,000) during its financial half-year period ending 30 June 2020. The company saw increased production costs and the ...
Overcapacity in Zambia continues unabated
This week, CemNet reported that the cement industry in Zambia has so much overcapacity that Lafarge Zambia has been forced to raise its prices in an attempt to stay in business....
Lafarge Zambia Plc had to raise prices to stay afloat
Lafarge Zambia's CEO, Jimmy Khan, has spoken out about the crippling overcapacity in Zambia's cement market. Mr Khan said Zambia's cement consumption stands at around 2.2Mt comp...
Lafarge helps boost rail freight for Zambia Railways
Zambia Railways Ltd (ZRL) has recorded an increase in freight in the first half of the year by 70,379t due to signing of service level agreements with local companies. Part of t...
Lafarge Zambia boosts Ndola plant by 100,000tpa
Lafarge Zambia has successfully commissioned a plug-and-grind cement plant in Ndola which will produce 0.1Mta of cement, bringing the plant’s total capacity to 500,000tpa.
Lafarge Zambia reports first-half increase
Lafarge Zambia plc has posted a four per cent profit after tax from ZMW180.7m ((US$18.4m) in 1H14 to ZMW187.1m in the same period of 2015 despite the country's economic challeng...
Lafarge Zambia to kickstart expansion project in 2H15
Lafarge Zambia will begin work on a EUR200m expansion project in the second half of this year, Emmanuel Rigaux, chief executive of the Lafarge unit, said last week. The work wil...
Lafarge Zambia reports first-half profit rise
Lafarge Zambia reported a 66 per cent rise in first half profit to ZMK181m (US$29,86), due in part to favourable volumes and cost control measures. Company chief executive offic...