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News Khayah Cement to invest US$25m in Harare plant upgrade

Khayah Cement to invest US$25m in Harare plant upgrade

Written by Alice Bevan 26 July 2024
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Zimbabwe: Khayah Cement plans to invest approximately US$25m in capital expenditure in 2024, focusing on a kiln refurbishment project at its plant in Harare. The investment aims to increase production capacity and sales volumes, NewsDay Business News has reported. Preparatory work has begun, with completion expected by the end of 2025.

Khayah Cement's CEO, Innocent Chikwata, said that the project will address issues with its current equipment and stabilise the company’s operations by ensuring a reliable supply of raw materials. He noted that the plant's current capacity utilisation rate is 60%, with a target of 70% by the end of 2024.

Last modified on 31 July 2024
Published in Global Cement News
Tagged under
  • Zimbabwe
  • Khayah Cement
  • Upgrade
  • Kiln
  • capital expenditure
  • GCW670
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