Search results for 'Cement'
Zimbabwe
Matias Cardarelli Appointed as PPC CEO: Charting a Course for Growth Amidst Challenging Times
With a deep understanding of the cement industry and a proven leadership skillset, Mr. Cardarelli is well-positioned to steer PPC towards sustainable profitability. His appointment follows a comprehen
Sep 04, 2023
Companies
Khayah Cement Rebounds with 38% Volume Growth After Dismal 2022: Insights into the Latest Performance
Cement producer Khayah Cement, formerly known as Lafarge Cement Zimbabwe, has rebounded to production growth following a dismal 2022 performance. In the just-concluded 2023 fiscal year, the group reco
Jun 19, 2024
Companies
Khayah Cement to Go Private as Creditors Back Delisting, Fossil Mining Exit Looms
Khayah Cement creditors have approved a plan to delist the company from the Zimbabwe Stock Exchange, a move that sets the stage for majority shareholder Fossil Mining to potentially exit its investmen
May 21, 2025
Top Stories
Nampak Sustains 1HY Profitability Despite Soft Volumes: Targets Regional Markets for Growth
Nampak Zimbabwe, the country’s largest packaging firm, reported a challenging first half of 2025, with revenue declining by 17% to US$38 million from US$45.78 million in the prior year, as detailed in
16 hours agoZimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025