Lafarge Cement (Zimbabwe) issues a cautionary statement

By Published On: October 22nd, 2021Categories: Corporate announcement

The Directors of Lafarge Cement Zimbabwe Limited (the Company) wish to advise the Company’s shareholders and members of the public that on Monday 11 October 2021, at approximately 1700 hours local time, a critical on-site incident occurred involving the collapse of the roof over one of the Company’s cement mills.

Although there were no fatalities or injuries, this incident may have an impact on the Company’s business performance for the remaining quarter of 2021. The necessary measures to restore the structures and restart the mills have commenced and are well under way. Stakeholders will be informed of any further developments in due course.

In the meantime, shareholders and other stakeholders are advised to exercise caution when dealing in the Company’s securities.

By order of the Board

Faithful Sithole
Company Secretary