By BUUMBA CHIMBULU
CHILANGA Cement Plc has announced its intentions to increase the cement price by an average of 10 percent, from October 13, 2023.
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”4,5,6″ ihc_mb_template=”2″ ]
The company has attributed to the current macro-economic factors that the country is facing for the upward adjustment.
This is according to a statement issued yesterday by the company’s Corporate Affairs and Communications Manager, Mr Gift Danga.
“We would like to inform and confirm to the public and our esteemed customers that Chilanga Cement Plc intends to increase the cement price, by an average of 10 percent, effective 13th October 2023.
“As a result of the aforementioned, our operation and input costs have significantly increased; the most notable being production, maintenance, and transport cost putting significant pressure on the company’s ability to meet its objectives and provide quality cement to our valued customers,” Mr Danga said.
He also talked about Chilanga Cement Plc being operational in Zambia for over 74 years, with more than 4, 000 local shareholders and a wide footprint of projects and distribution outlets across the country.
“The company operates with local transporters and contractors, employs more than 1, 500 people both directly and indirectly and has a direct impact on over, 8, 000 families that benefit from activities related to the business.
“As the country’s leader in cement manufacturing, we remain committed to providing quality and affordable building materials to all Zambians and the regional market,” Mr Danga said.
[/ihc-hide-content]
