Khaya volumes more than double

KHAYA Cement, formerly Lafarge Cement Zimbabwe, recorded a 117 percent increase in volumes during the half year to June 30, 2023, attributable to the restoration of its mill and the commissioning of a new one.
The cement maker said it earned 89 percent of its revenue in foreign currency, an increase of 100 percent from the previous year’s comparative period.
“Cement volumes increased by 117 percent as production ramped up following the restoration of the collapsed cement mill roof and commissioning of the new vertical cement mill whilst aggregates and dry motor volumes increased by 213 percent and 211 percent respectively versus the same period last year,” Khaya’s chairman, Kumbirayi Katsande, said in a statement accompanying the financials.