Browsing: cement

Cement The CIF-Moz cement plant project at Salamanga, Maputo province. Photo © Tom Bowker / Zitamar News
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A Singaporean company has agreed to pay $85 million for a majority  stake in a cement plant near Maputo which until last month was 99% owned by a company described as “the financial arm” of Mozambique’s ruling party, Frelimo. The cement plant project at [...]

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Daily Briefing Photo © Tom Bowker / Zitamar News
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Welcome to Zitamar’s daily Mozambique briefing for 6 March, 2018.
  • Today: US Secretary of State Rex Tillerson will make a speech setting out the Trump administration’s stance on Africa, before he sets out on a trip to the continent taking in Ethiopia, [...]

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Business Crates of CDM beer piled up in Maputo. Photo © Timothy Haccius / Zitamar News
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Mozambique’s Council of Ministers yesterday approved tweaks to the country’s tax code to promote  domestic industry, including graphite mining, cement production, and beer brewed using local ingredients. The [...]

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Cement A Heidelberg clinker grinder in Togo, West Africa. © Heidelberg Cement
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German multi-national Heidelberg Cement has bought a cement factory in Mozambique for €8.8 million ($10m) in cash from its anonymous owners in Mozambique and Mauritius. The deal to buy the Austral Cimentos Sofala (ACS) plant in Dondo, near the central port city of Beira, closed in April [...]

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Cement Nacala
© Zitamar News
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A government regulator has shut down three cement warehouses in the northern port city of Nacala on a temporary basis, accusing them of speculation and over-charging in the face of supply constraints, O País reported on Tuesday, 8 December. [...]

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