Cement demand is strong, but Zimbabwe’s second largest producer in deep crisis: Here’s why

Fossil bought the company from Holcim, as part of the French company’s global selloff. Fossil then announced a series of management changes and promised new capital.
By Newzwire 9h ago

Khayah slips into corporate rescue as US sanctions bite

“Creditors and other stakeholders shall be notified of further processes by the corporate rescue practitioner,” Khayah said. 
By Business Reporter Dec. 24, 2024

Leaving Lafarge was not easy: Nyika

The executive made a shock exit from the company in 2021 after 18 months at the helm.
By Tafadzwa Mhlanga Jan. 31, 2024

Cement crisis hits local market

The target in the National Development Strategy 1 is to build 225 000 houses by the end of 2025.
By Rufaro Hozheri Oct. 27, 2023

Lafarge concludes US$25m expansion programme

Katsande said the company, which was taken over by Fossil Mines last year, would also continue to adapt its business strategy so as to thrive in the ever-changing environment.
By Rugare Mubika Jul. 3, 2023

Lafarge begins trading as Khayah Cement Limited

During the new brand launch event, employees who have served the company for more than twenty years were recognized and conferred with the Khayah Legends Award.
By Admin Feb. 17, 2023

ZSE suspends Lafarge trading of shares

In a statement, ZSE said it had requested Lafarge to provide a roadmap on how it aims to resolve the challenges the business is facing.
By Melody Chikono Jan. 15, 2023

Fossil Mines concludes Lafarge takeover

Fossil settled the purchase price of Lafarge Cement on Friday in a development that placed the giant cement producer in the hands of local entrepreneurs.
By Business Reporter Dec. 2, 2022

Sino-Zim disposes of Allied Insurance shares

SinoZim holds 1 499 700 shares in the insurance firm, being 4,941% of the issued share capital.
By Mthandazo Nyoni Nov. 24, 2022