Construction, LafargeApril 5, 2019

Jimmy has arrived! Lafarge in 2018 in Perspective
On March Wednesday 4th, Jimmy Khan, the brand new CEO of Lafarge Zambia was unveiled at his first Zambian Annual General Meeting by the cement maker. Flanked by Board Chairman, Muna Hantuba, this market the first sighting by shareholders of their new leader. Although credit has to go to former CEO Vincent Bouckkaert, who left […]

Construction, LafargeFebruary 15, 2019

Its Khan for the Lafarge Holcim Zambia Top Job
After two months of searching for a new CEO, the Board at Lafarge Holcim Zambia Plc announced the appointment of Jimmy J. Khan as Managing Director and Chief Executive Officer effective 12 February 2019. Jimmy takes over from Vincent Bouckaert who held the role barely two years following his appointment in 2016. He is also […]

Construction, Lafarge, ManufacturingOctober 27, 2018

Lafarge Zambia Plc at Half Year 2018
On 29th August 2018, Lafarge Zambia Plc. Published its half year performance with an impressive 18% increase in sales revenue compared to the previous years’ half year results. Their SENS announcement attributed the record K498 million revenue to strong market growth in 2018. Their statement identifies the operating environment for Lafarge Zambia as being fairly […]

Construction, Lafarge, ManufacturingApril 23, 2018

Lafarge 2018 Performance with Impairment hurt
“I am pleased to present the 2017 Lafarge Zambia results on behalf of the Board of Directors. Lafarge Zambia continues to demonstrate resilience in operational and financial performance despite the economic difficulties and competitive environment.” These were the opening words in Board Chairman Muna Hantuba’s letter to the board in the 2017 annual report. The […]

Construction, LafargeJuly 9, 2017

Cement Wars to Continue
If TFHZPC sat in one of the three boardrooms of Dangote, Lafarge Holcim and Zambezi Portland, we would have been deeply reflective of the ground breaking ceremony in Masaiti area Ndola that happened recently. The announcement that the Industrial Commercial Bank of China (ICBC) would be putting up over $500 million into construction of another […]

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Construction, LafargeApril 24, 2017

Lafarge a Marris Type Player in 2016
When Dangote cement entered the construction value chain, we knew that incumbents were now faced with a formidable near rival who was (and still is) a Baumol player. A Baumol player is a company that possesses a management team that is keen on maximizing market share and revenue growth. It was clear when we conducted the 2015 review on […]

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Construction, LafargeMarch 6, 2017

Lafarge 2016 Half Year Review
When we reviewed the 2015 annual performance of the only cement player on the LUSE, we indicated that they were in a price war with a player who had aggressive intentions of growing market share through using low prices and controlling or incorporating components of the vertical chain of cement distribution unlike incumbent competitors. As […]

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