Zimbabwe

189 posts · Page 14 of 19

PPC

Effective 1 October 2016 Zimbabwe's authorities have introduced a tariff of US$100/t on cement imports. The move comes after a number of cement producers, including PPC, warned...

Lafarge Zimbabwe losses increase to US$2.2m

Lafarge Zimbabwe losses increase to US$2.2m

Lafarge Zimbabwe has announced a 1H16 loss of US$2.2m, an increase from the 1H15 US$1.3m loss, the Insider reports. Competition from cheap imported cement and rising output ...

Zimbabwe: SZCC demands deeds to land

Zimbabwe: SZCC demands deeds to land

Sino-Zimbabwe Cement Company (SZCC) has requested that government grant it the title deeds for Indiva Farm, where the company is located. The state-owned Industrial Developm...

Chinese firm invests in Zimbabwe

Chinese firm invests in Zimbabwe

Mortal Investments Manufacturing Co announced that it is constructing a 1Mta plant in Redcliff, Zimbabwe. The arrival of the Chinese firm in the country is expected to intensif...

PPC

Following S&P Global Ratings slashing PPC’s rating to ‘junk’, PPC shareholders have unanimously approved a ZAR4bn (US$285m) capital raising to help relieve short-term pressure ...