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cement companies in zambia ordered to reduce prices

1 day ago Further the Board has ordered Lafarge Zambia Plc Dangote Cement Zambia Limited and Mpande Limestone Limited to revert to the precartel prices ranging between USD 450

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The move comes after Zambias Board of Commissioners of the Competition and Consumer Protection Commission CCPC observed a sustained increment of cement prices between July

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Dangote Cement Price Today as of today Currently the price of Dangote cement is 3450 3600 per bag 50kg and 1900000 2100000 per wholesale package 600 bags Zambia South Africa and Congo Dangote Cement Plc is listed on the Nigeria Stock Exchange NSE In 2014 four years after the company went public the

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Sinoma Cement Zambia a part of CNBM of China has attributed the recent increase in its cement prices on the Zambian market to the high and escalating cost production and transportation in the country saying the price of raw materials from its suppliers have also been increased

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2 days ago The competition regulator in Africas copper producer Zambia has fined cement oligopolistic producers Lafarge and Mpande Limestone 10 of annual turnover for two financial periods namely 2019 and 2020 for purported unbridled business behaviours amounting to uncompetitive practices through purported price fixing In a press release from the Competition and Consumer

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Cement prices in Lusaka have shot up by between K35000 and K40000 amidst the continued suspension of operations by Lafarge Cement Zambia Plc the countrys monopoly cement producer And the National Construction Council NCC has said importing cement to plug the deficit caused by the suspension of operations at Lafarge Cement is not

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13 hours ago The Board however was lenient with Dangote Cement Zambia Limited for having bribed cooperated with the Commission during investigations This was after an exhaustive investigation by the Commission initiated in January 2020 following the Commissions observations of a sustained increment of cement prices from an average of K55 to K100 per

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The Zambia Cement Market report covers the national cement industry with a view on supplydemand trends and developments in the country as well as cement trading networks Evaluate the competitiveness of the cement market in Zambia Track quarterly cement prices on a consistent and comparable multiyear basis

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Zambia cement prices fall times of zambia 9 july 2015 the retail prices of cement in lusaka and the copperbelt have reduced by about k8 per 50 kilogramme bag following the entry into the market Get Price Zambezi Portland Cement Explains Price Hikes The Mast Oct 09 2019 the prices of cement on the copperbelt have been hiked by k20 a check in

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Cement Lafarge Zambia offers a range of advanced cements to suit every possible projects such as Mphamvu Powerplus Supaset and Powercrete Mphamvu PDF 810 Kb

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Cement retail prices up in Zambia 17 November 2006 The retail price of cement in most parts of Lusaka has gone up by almost 8000 kwacha approx US2 a bag50kg due to increasing demand by booming construction in the capital city

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Jan 25 2021 Cement prices have gone up by 18 per cent due to worthless Kwacha and fuel crisis See statement from Lafarge Share this post Related posts Government says oil marketing companies withholding fuel Suspending tax on oil meant to empower PF funders

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1 day ago Additionally that Lafarge Zambia Plc Dangote Cement Zambia Limited Mpande Limestone Limited submit monthly average exworks prices and any price adjustments be indexed to the exchange rate and be submitted to the Commission for review

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Sep 07 2020 Lusaka Zambia A scam has been unearthed at Dangote Cement in Masaiti district where supply of raw materials especially gypsum is being quoted in dollars ZANIS reports

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1 day ago Zambias Board of Commissioners of the Competition and Consumer Protection Commission CCPC has fined Lafarge Zambia Plc and Mpande Limestone Limited 10 of HomePolitics Cement companies in Zambia ordered to reduce prices Politics Cement companies in Zambia ordered to reduce prices

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Jan 05 2020 Lafarge Cement Plc has increased prices of its Mphamvu and Supaset brands by 20 per cent bringing a pocket each to almost K100 The new prices came into effect last Friday and were attributed to increased electricity and fuel costs We would like to inform the public and our esteemed customers that Lafarge Zambia plc has increased the cement price by an average of 20 to sustain business operations and provide quality cement

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By Tinkerbel Mwila Cement producers on the Copperbelt have announced an upward price adjustment on the products depending on the brand The hike will take effect on 1 st February 2021 Confirming the development on behalf of other cement producers Zambezi Portland Cement Chief Executive Gomeli Litana disclosed that the product will be selling between K134 and K136 per 50kilogram bag from

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Jan 02 2020 Cement prices go up We would like to inform you that our cement prices ExChilanga Plant have been revised upwards following continued strain on operational costs The new prices will be K94 for Mphamvu and K98 for Supaset VAT inclusive per bag

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Oct 09 2019 the prices of cement on the copperbelt have been hiked by k20 a check in the central business district of ndola found the price of a 50kilogramme bag of cement increased zambezi portland cement is selling at k77 dangote k86 and lafarge k80 respectively Get Price

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The prices of cement will go down following the directive by the Competition and Consumer Protection Commission CCPC that a 50kilogram bag of the commodity be reduced by at least 30 kwacha This will see the commodity price drop to 1hundred and 10 from the current 1hundred and 40 kwacha

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Jan 24 2021 Zambia recently announced a zero rating in value added tax VAT on fuel products which is aimed at cushioning price hikes given a bearish currency trajectory and oil price bulls The Southern African nation has for a year kept prices tad despite crude prices ebbing higher over 14 at 55bbl offset by a steep currency slide exceeding the 25 energy regulation board trigger for upward

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A check in Ndolas Central Business District this morning found a 50kg bag of Zambezi Portland Cement now selling at K96 from K85 while Lafarge Zambia PLC has increased the price from K76 to K94 And in a statement issued to phoenix news Lafarge Zambia corporate affairs and communications manager Sarah Banda said the increase is meant to sustain business operations

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This week CemNet reported that the cement industry in Zambia has so much overcapacity that Lafarge Zambia has been forced to raise its prices in an attempt to stay in business While domestic cement consumption stands at approximately 22Mta the cement industry has a production capacity of about 5Mta and continues to expand

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View the latest Lafarge Cement Zambia PLC LAFARGE stock price news historical charts analyst ratings and financial information from WSJ

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Aug 10 2015 Cement prices in the country had been high in the past However prices have dropped by K15 from the time Dangonte entered the market and the prices are expected to drop further Dangote Cement is doubling its investment in Zambia and is next year expected to set up another 15 milliontonne plant in Lusaka TimesofZambia

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Oct 09 2019 A check in the central business district of Ndola found the price of a 50kilogramme bag of cement increased Zambezi Portland cement is selling at K77 Dangote K86 and Lafarge K80 respectively But Zambezi Portland Cement chief executive officer Gomeli Litana defended the price increase saying that production cost was high

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Mar 11 2020 Western Diamond Cement Ltd Takoradi Ghana Prices of Cement in Ghana Almost all brands sell their cement in 50KG bags While the measurement is the same the prices and quality are significantly different Over the years the price of cement has experienced fluctuations with a muchneeded drop in 2016

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Zambia launches probe into exorbitant cement prices By xinhuanetcom Feb 5 2021 The government she said was concerned about the surge in cement prices adding that the ministry

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Prices of cement on the market have gone up by at least 20 percent depending on the brand A check in Ndolas Central Business District this morning found a 50kg bag of Zambezi Portland Cement now selling at K96 from K85 while Lafarge Zambia PLC has increased the price from K76 to K94

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Jan 04 2020 Prices of cement on the market have gone up by at least 20 percent depending on the brand A check in Ndolas Central Business District this morning found a 50kg bag of Zambezi Portland Cement now selling at K96 from K85 while Lafarge Zambia PLC has increased the price

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