28 December 2021
Zambezi Portland Cement facing renewed legal battles over ownership 28 December 2021
Zambia: Zambezi Portland Cement is facing fresh legal proceedings over its ownership. The Lusaka Times newspaper reports that proceedings at the Court of Appeal are ongoing against businessman Phesto Musonda. Musonda, a former director of the company, allegedly attempted to take control of part of the company’s plant in September 2021. Unrest has also been reported at the cement producer’s plant with youths throwing stones at workers.
The current owners of Zambezi Portland Cement, the Ventriglia family, previously won a 10-year battle of control of the company against businessman Rajan Mahtani. In 2018 the High Court of Zambia awarded the family full ownership of the business.
Germany: Holcim Germany has published environmental reports for 2020 focused on each of its cement plants. The subsidiary of Switzerland-based Holcim has decided to target its reports on local issues by issuing separate reports for each of its four integrated plants in the country, at Beckum, Höver, Lägerdorf and Dotternhausen respectively. Each report covers national developments for the sector and the company. Local data is then included as well as data on connected cement grinding and concrete plants. The reports can be downloaded from Holcim Germany’s website.