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The Zambia Board of Commissioners of the Competition and Consumer Protection Commission said it ordered Lafarge Zambia Plc, Dangote Cement Zambia Limited and Mpande Limestone Limited to revert to the cement prices, ranging between Kwacha 99 to Kwacha 110 after there was an uproar over its recent increment. ....
The Dangote Cement Group sells its product in Southern African country, Zambia, for at most 110 Kwacha, which equals about N1 800 in Nigeria, while the same product sells for not less than N3 500. The Zambia Board of Commissioners of the Competition and Consumer Protection Commission said it ordered Lafarge Zambia Plc, Dangote Cement Zambia Limited and Mpande Limestone Limited to revert to the cement prices, ranging between Kwacha 99 to Kwacha 110 after there was an uproar over its recent increment. The Board also fined Lafarge Zambia Plc and Mpande Limestone Limited 10% of their annual turnovers for the year 2019 and another 10% of their 2020 yearly turnovers for price-fixing and division of markets. ....
Why Zambia Ordered Dangote To Sell Cement For N1, 800 » NEWS withinnigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from withinnigeria.com Daily Mail and Mail on Sunday newspapers.