Early job cuts hold ZCTU spellbound
Zimbabwe’s economy is haemorrhaging under an inflation rate and currency fragilities that have seen companies announcing job cuts.
By Julia Ndlela
Apr. 5, 2024
Shock retrenchment at Khayah
Under the deal, local shareholders took over the business, which was previously controlled by Lafarge Holcim, headquartered in France.
By Freeman Makopa
Mar. 28, 2024
Khayah Cement liquidity shrinks in H1 2023
A look at the firm’s financial report for the half year ended June 30, 2023, revealed that the firm had a current ratio of 0,61.
By Tatira Zwinoira
Feb. 6, 2024
Premium
Precious Nyika speaks about shift from CEO to entrepreneur
I remember I used to just cry everyday. I would just sit and just cry, and my husband said okay let us go on a break, I think you need a few days away.
By Trevor Ncube
Feb. 4, 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
Push to revive industry gathers steam
The country’s three cement makers - Khaya Cement, PPC Zimbabwe and Sino Zimbabwe — said last year they were producing far higher output than what the markets required.
By Freeman Makopa
Jan. 12, 2024
Understanding the cement oligopoly
Currently, individuals can import up to five tonnes of cement per person, while corporates can import 30 tonnes per firm until the end of December 2023.
By Victor Bhoroma
Nov. 24, 2023
Egyptian cement firms eye local market
While the KCL’s plants have since come back online, cement prices still remain high.
By Blessed Ndlovu
Nov. 24, 2023
Cement dealer loses 4000 bags to fraudsters
Mangwiro and Mutereko and their accomplices Phineas Chamunorwa and March Masiye, who are still at large, approached the complainant with the intention of defrauding him of his cement.
By Desmond Chingarande
Nov. 23, 2023