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Farirai Machivenyika and Blessing Chidakwa
Industry and Commerce Permanent Secretary Dr Thomas Utete Wushe today met cement producers and retailers to discuss issues concerning the sector following a recent sharp increase in prices of the commodity.
Cement prices rose from between US$9 and US$11 per 50 kg bag in the past two months and were now ranging from US$16 to US$20 with the commodity also in short supply on the market.
Following the rise in the prices, the Government liberalised the importation of cement after an outcry from ordinary Zimbabweans and contractors carrying out various national infrastructure projects.
Meanwhile cement shortages are expected to end with prices set to fall drastically as the country’s largest supplier, Khayah Cement, has resumed production.
In a statement, Khayah Cement said normal production has resumed.
“As Khayah Cement, we are pleased to inform our stakeholders that we have since restored our mill and our operations are now back to normal. This will ensure that we meet the current demand and ensure a steady supply of cement to all our customers.
“Khayah Cement would like to advise that we have not increased our prices. Our recommended retail selling price for PCS and Superset is US$ 10.50,” said the firm.
Khayah Cement also implored its retailers to be responsible citizens and pass on a fair price to the end users.
Online Reporter