Lafarge to undergo US$7m facelift

boost production.
Managing director Jonathan Shoniwa said the stabilisation of the macro-economic environment had resulted in rising demand for his company’s products.
Lafarge Zimbabwe manufactures a wide range of products that include cement and concrete.
The local market is reportedly consuming more than 85 percent of production while demand on the export market continues to rise.
He said that the exercise sought to enhance the production process.
“Our capacity utilisation is presently at 75 percent and we want to increase it to 90 percent this year.”
“We have sourced the funds for the exercise from both local and external financial sources.”
Lafarge is part of a French conglomerate with operations in 78 countries.
Mr Shoniwa said refurbishment would involve upgrading operating mechanisms.
“We will upgrade pieces of equipment and replacing old machinery as well as buy quarrying transport,” he said.
He said the stock exchange-listed company had not received sufficient investment in the past decade.
Mr Shoniwa said the company aimed to increase its contribution to overall national cement output which stands at about 1,6 billion tonnes.
Lafarge, he said, would take advantage of the growing economy and infrastructure projects that were opening up. – New Ziana.