Lafarge downbeat on volumes
Cement producer, Lafarge Cement Zimbabwe Limited is downbeat about its second quarter of 2020 performance with sales volumes expected to fall 30 percent due to the effects of the COVID 19 induced lockdown.
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Cement producer, Lafarge Cement Zimbabwe Limited is downbeat about its second quarter of 2020 performance with sales volumes expected to fall 30 percent due to the effects of the COVID 19 induced lockdown.
The country has been hit by a shortage of cement, leaving the construction industry stranded, while in some instances resorting to the black market.
Lafarge sprung back to profitability, posting a $3,1 million net profit for the year ended December, 2016 from a $1,9 million loss the previous year. Group chairman, Kumbirai Katsande said the firm’s ability to swim out of the red pointed to its “strong competitive tenacity, resilience and high performance culture of the management team.” “It […]
Flamboyant businessman Frank Buyanga is pressing ahead with his interest for a 40 percent stake in Lafarge Cement Zimbabwe (Lafarge) amid indications that the local company’s major shareholder had requested further information from the potential suitor. This also comes as the Hamilton Capital (Hamilton) boss and founder had first expressed his interest in buying into […]
FORMER champions Gunners became the fourth team to be relegated from the Castle Lager Premier Soccer League with Moses Chunga and his youthful outfit gong in cruel fashion after their last victory over Chicken in at Lafarge yesterday still proved inadequate to save them.
The distance between Harare and Bulawayo is nearly 450km by road but events at Rufaro and Barbourfields will easily become engrossed into each other as the Castle Lager Premiership race continues to take shape tomorrow afternoon.
BULAWAYO giants Highlanders returned to their winning ways when they overcame battling Gunners in a Castle Lager Premier Soccer League match at Lafarge on Wednesday to maintain their grip on top of the log table.
GUTHRIE ZHOKINYI slammed home a beauty of a free-kick, in the dying moments of this highly-charged game, to propel Dynamos to victory over Gunners at Lafarge yesterday.
DYNAMOS coach Callisto Pasuwa has expressed concern over his side’s lack of firepower in front of goal following their defeat to Gunners in a friendly match at Lafarge yesterday.
Gunners coach Moses Chunga has told his youthful outfit to go out and enjoy their game when they host title contenders FC Platinum in a Castle Lager Premier Soccer League match at Lafarge on Saturday.