Lafarge, ManufacturingAugust 31, 2022

CHILANGA CEMENT PLC – TRADING STATEMENT
On 30 August 2022, Chilanga Cement issued a statement advising shareholders that it expected the earnings per share for HY 2022 to be 45% higher than the same period, the year prior. In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Chilanga Cement Plc (the “Company”) hereby advises the […]

LafargeJuly 20, 2022

CHILANGA CEMENT MARKET ANNOUNCEMENT RESULTS OF THE MANDATORY OFFER
On 20 July, 2022, by Order of the Board, Chilanga Cement announced the results of the Mandatory Offer by Huaxin through a statement issued by company secretary, Chibuye Mbesuma Ngulube. 1. Background Shareholders of Chilanga Cement Plc (“Chilanga Cement” or the “Company”) are referred to the announcement published on the Securities Exchange News Service (“SENS”) […]

ZAMEFA PlcMay 20, 2022

ZAMEFA Records 10% Reduction at 2022 FY in Revenue
Metal Fabricators Zambia (ZAMEFA) has recorded a 10 percent reduction in revenue at the end of its latest financial year, according to a statement from the company. “Revenue at ZMW1 030 million is 10% lower than the prior period (2021: ZMW1 145 million)”, read the statement published on SENS on 20 May 2022 issued by […]

ManufacturingApril 5, 2022

BATA 2021 Performance
We prioritized on NOOS “Never Out of Stock” collection, best sellers and volume lines which included school shoes, Gumboots, Tomy Takkies, NorthStar, Ladies and Men’s Bata. We also changed our sourcing strategy to the regional (Africa) countries of South Africa, Zimbabwe and Kenya and enjoyed considerable gains of (1) shortened lead times, (2) better pricing […]

LafargeMarch 29, 2022

POSTPONEMENT OF THE OPENING DATE OF THE MANDATORY OFFER BY HUAXIN (HAINAN) INVESTMENT CO., LTD TO THE MINORITY SHAREHOLDERS OF CHILANGA CEMENT PLC
The shareholders of Chilanga Cement Plc (“Chilanga Cement” or the “Company”) are referred to the Cautionary Announcement dated 04 March 2022 wherein the Company published the salient dates and terms of the Mandatory Offer (“the Offer”) from Huaxin (Hainan) Investment Co., Ltd. (“Huaxin”). The Offer was scheduled to open on Thursday, 24th March 2022 and […]

LafargeFebruary 10, 2022

Chilanga Cement Share Purchase agreed at Thirteen Kwacha Sixteen Ngwee
Shareholders are referred to the cautionary announcement issued on 30 November 2021 wherein the Board of Chilanga Cement Zambia Plc (the “Board”) (“Chilanga” or the “Company”) informed the shareholders and the market that Huaxin (Hainan) Investment Co., Ltd. (“Huaxin”) had purchased 150,026,436 Chilanga Cement shares representing a 75.00% shareholding via trades conducted on the Lu

LafargeDecember 1, 2021

Chai Jianping Announced as New CEO of Lafarge Zambia
Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Lafarge Zambia PLC (“the Board”) wishes to announce the resignation of the following Directors of the Board effective 26th November 2021: (a) Mr Ahmed Hosny Fathallah Khalifa; (b) Mr Jashmed Jahangir Khan; and (c) Mr John William Stull. The Board also […]

LafargeNovember 22, 2021

OP-ED: Lafarge’s Response to COP26
Last week was spent reviewing statements made by participants at the United Nations climate meeting in Glasgow, and it roused a lot of conflicting feelings. This event takes place once a year. Since its commencement in 1995, this will be the 26th session. The term “Conference of the Parties” stands for “Conference of the Parties.” […]

Finance, LafargeNovember 4, 2021

Zambia National Building Society (ZNBS) signs MoU with Lafarge Zambia Plc that targets reduced prices
Zambia National Building Society (ZNBS) has signed a Memorandum of Understanding with Lafarge Zambia Plc that will see the reduced price of cement and free delivery while enjoying reduced interest rates on mortgages under the Mortgage Promotion. Under the MOU, Lafarge pledges discounted cement to all the beneficiaries of the Bwela Timange Mortgages as well […]

Lafarge, ManufacturingNovember 4, 2021

Lafarge “Health, Cost and Lots of Cash”
Lafarge Cement, Zambia’s top ranking player in cement aggregates and concrete businesses recently published it’s Annual Report, in which the Company’s Chairman elaborated how Lafarge showcased it’s business resilience, innovation and commitment to delivering value for all stakeholders in a period characterized by unprecedented global challenges with the Covid-19 pandemic disrupting glo