- Chilanga Cement Plc intends to increase the price of cement by an average of 14%, effective 25th June 2024.
- The increase has been driven by a rise in transportation and electricity costs, coupled with load shedding,
- This decision is necessary to sustain business operations.
A Cement manufacturing company has announced its intention to increase cement prices by an average of 14%, effective 25th June 2024.
Chilanga Cement Plc, Corporate Affairs and Communications Manager, Gift Danga attributed the decision to hike cement prices to the rise in transportation and electricity costs, coupled with load shedding, which has significantly impacted the firm’s operational and production costs.
Mr. Danga stated that the increase in prices is therefore aimed at sustaining business operations and ensure the continued provision of quality products to the customers.
“We would like to inform and confirm to the public and our esteemed customers that Chilanga Cement Plc intends to increase the price of cement by an average of 14%, effective 25th June 2024.”
“This decision is necessary to sustain our business operations and ensure the continued provision of quality products to our valued customers,” Mr. Danga stated.
He pledged the firm’s continued commitment to providing quality and affordable building materials to all Zambians and the regional market.
“Chilanga Cement Plc has been operational in Zambia for over 74 years, with more than 4000 local shareholders and a wide footprint of projects and distribution outlets across the country.”
“The company collaborates with local transporters and contractors, employing more than 1500 people directly and indirectly, thereby impacting over 8000 families who benefit from activities related to our business,” he added.