Lafarge
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Courts and Law
Court fight after Lafarge tries to cheat customer out of 1,200 cement bags
A HARARE man who paid in full for 1,200 bags of cement in October 2018 and then did not claim them for two years, during which time the currency changed, is suing Lafarge Cement after the company said his money was now worth just 17 bags. Morgan Mhlanga, of Harare, paid US$13,136.43 into the cement maker’s Stanbic bank account for…
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Business Briefs
Lafarge revenue soars despite adverse operating environment
Lafarge’s full year results for the year ending December 31st 2020 paints the picture of a resilient business on a growth trajectory as the business recorded phenomenal revenue growth in spite of the COVID-19-induced operational challenges. In the just published full year Financial Results, the company reported revenue growth of 68.5% to reach Z$6.9 billion inflation adjusted compared to prior…
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