The other factor that led to the low volume of sales and revenue also has to do with the roof collapse the company experienced which suppressed the availability of cement.
Nov 18, 2022
Fossil Mines is a consortium of entrepreneurs led by Obey Chimuka. The conglomerate has concluded its Lafarge takeover after completing the purchase of a 76.45% stake held by Lafarge Holcim's subsidia
Dec 06, 2022
Khayah Cement formerly Lafarge Cement Zimbabwe Limited, reported a significant increase in cement volumes, with a 117% surge for the six-month period ended 30 June 2023 compared to the same period las
Feb 06, 2024
Chinese cement manufacturer Huaxin Cement is set to more than double cement output to 500,000 tonnes per year by 2026 from the 200 000 tonnes current capacity, positioning the facility as a major pla
Feb 11, 2026
The Zimbabwe Revenue Authority has requested property-owner and tenant information from homeowners associations at Borrowdale Brooke and Arlington Estate under Section 39 of the Income Tax Act as Gove
Zimbabwe is carrying an electricity constraint estimated by the World Bank at 6.1% of GDP annually, placing power among the largest structural costs still embedded in an economy targeting industrial e
Zimbabwe has earned approximately US$15.95 billion from gold exports between January 2021 and July 2026, establishing the yellow metal as the country's largest identifiable merchandise export by a sub
Zimbabwe's merchandise export boom has pushed mineral concentration to its highest level historically, with identifiable mineral and mineral-linked products accounting for approximately 85.5% of the U
Old Mutual has begun assessing whether improving cash generation and currency conditions in Zimbabwe are sufficient to eventually return the local business to its Group earnings perimeter, seven years
Kavango Resources has appointed former AngloGold Ashanti executive Jasper Musadaidzwa as Chief Executive Officer and Executive Director with immediate effect as the London and VFEX-listed miner develo
Zimbabwe’s five-year economic expansion is entering a harder phase, with household and government consumption projected to contribute 4.4 percentage points of the country’s 5% economic growth in 2026
Zimbabwe would reach upper-middle-income status around by 2036 under its current economic trajectory, six years after the Government’s Vision 2030 target, according to the World Bank’s latest Country