Zimbabwe

189 posts · Page 15 of 19

PPC Zimbabwe plant project on track

PPC Zimbabwe plant project on track

According to CEO, Darryll Castle, the construction of PPC’s new plant in Zimbabwe remains on track for completion in 2016, despite riots in the country and restrictions remaini...

PPC

In the six months ended 31 March, 2016, PPC saw its group revenue dip by one per cent to ZAR4.5bn (US$294.01m). Group EBITDA was up by two per cent to ZAR1.1bn with an EBITDA m...

Dangote Cement

Dangote could come under fire from calls for the Zimbabwe government to impose tariffs on imported cement. The country’s local producers have expressed concern that the infl...

Zimbabwe: Sino Zimbabwe sales decline

Zimbabwe: Sino Zimbabwe sales decline

Sales for Sino Zimbabwe Cement Company (SZCC) have declined by 15 per cent in the first quarter, in comparison with the same period last year. A further decline in sales this q...

Zimbabwe: Dangote investment

Zimbabwe: Dangote investment

Nigerian billionaire Aliko Dangote has said he will not rescind on the decision to invest in Zimbabwe, despite negative reports concerning the country’s economy. Mr Dangote s...

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 measure...

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, Lafarg...