Chilanga Cement PLC has announced that it would increase the price of cement by an average of 10 percent, effective October 13.
The company attributed the rise to the current macro-economic factors that the country was facing.
Through its Corporate Affairs and Communications Manager, Gift Danga, in a statement issued on Tuesday, the company announced the intention of the firm to adjust upwards prices of cement.
“We would like to inform and confirm to the public and our esteemed customers that Chilanga Cement Plc intends to increase the cement price, by an average of 10 percent, effective October 13. 2023.
“As a result of the aforementioned, our operation and input costs have significantly increased, the most notable being production, maintenance, and transport cost putting significant pressure on the company’s ability to meet its objectives and provide quality cement to our valued customers,” Danga said.
“As the country’s leader in cement manufacturing, we remain committed to providing quality and affordable building materials to all Zambians and the regional market,” he added.
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