Fossil to recapitalise Lafarge Zimbabwe
Fossil Mining, the new owner of Lafarge Zimbabwe, has said it plans to keep the company on the Zimbabwe Stock Exchange once its takeover of the cement producer is completed. Acc...
Lafarge Zimbabwe
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Lafarge Cement Zimbabwe sees 24% rise in cement volumes
Lafarge Cement Zimbabwe registered a 23.7 per cent increase in cement volumes spurred by growing demand in the period ended May 2021, compared to the prior year. Company secreta...
Lafarge Cement Zimbabwe to double cement capacity in 2022
Lafarge Cement Zimbabwe (Holcim group) plans to double its cement milling capacity upon completion of the installation of a new vertical roller mill (VRM) in 2022. "The supply c...
Lafarge Cement Zimbabwe ordered to shut plant by EMA
The Environmental Management Agency ordered Lafarge Cement Zimbabwe (LafargeHolcim group) to close its 0.45Mta Manresa plant last week, because of abnormal dust discharges. Lafa...
Lafarge Cement Zimbabwe sees revenue advance 104%
Lafarge Cement Zimbabwe saw its profit for 2019 rise to US$178m, while volumes remained flat YoY at 323,000t. Gross profit increased 251 per cent to US$496m from US$141m in 2018...
Lafarge Zimbabwe appoints new Chief Executive
Lafarge Zimbabwe (LafargeHolcim group) has appointed Precious Murena-Nyika as its new chief executive. Siame Kaulule, who previously held the position, left in January 2020 to t...
Lafarge Zimbabwe appoints new CEO
Lafarge Zimbabwe has appointed a new CEO to lead the company as it fights to maintain its market share following a rise in imports and increasing competition from domestic rival...
Zimbabwe's cement demand outpaces supply
Zimbabwe is facing a cement shortage due to demand temporarily outpacing supply. The Confederation of Zimbabwe Industries (CZI) has demanded answers from the country's cement pr...
Lafarge Zimbabwe returns to full-year profit
Lafarge Zimbabwe returned to full-year profit for the 12 months ending December 2016 as volumes edged ahead and cost savings in operations, plant maintenance and "better" invent...
LafargeHolcim
Lafarge Zimbabwe increased its first half turnover by 4.3 per cent to US$26.5m in 1H16, but the company's loss advanced by 61.9 per cent to US$2.25m, reflecting increased compet...