Zimbabwe: Future of proposed Charumbira plant remains uncertain
Plans to build a US$50m cement plant in Charumbira have been called into question after it was admitted that the Chinese investor behind the project had yet to submit a feasibil...
Zimbabwe
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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 remainin...
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 ma...
Dangote Cement
Dangote could come under fire from calls for the Zimbabwe government to impose tariffs on imported cement.
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 qu...
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.
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
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...
Zimbabwe: PPC's Harare plant is half-way complete
The construction of a new cement plant by Pretoria Portland Cement (PPC) in Harare is progressing as planned and is now 55 per cent complete.
PPC’s Harare plant on course for 2016 commissioning
Zimbabwe’s deputy minister for industry and commerce, Chiratidzo Mabuwa, has welcomed PPC’s commitment to investing in the country as the company confirms that it expects its se...