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

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