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Cheetah Cement pumps P700m into Matsiloje plant expansion

Eyeing growth: Dignitaries touring the Cheetah Cement plant earlier this week PIC: LESEDI MKHUTSHWA
Eyeing growth: Dignitaries touring the Cheetah Cement plant earlier this week PIC: LESEDI MKHUTSHWA

FRANCISTOWN: Cheetah Cement Botswana plans to spend P700 million expanding the output of the old Matsiloje Portland Cement plant, BusinessWeek has learnt.

The plant closed in January 2018 due to competition from South African imports with 150 people losing their jobs. For years before its closure, Matsiloje Portland Cement had recorded a string of losses.

The plant was bought by Namibian firm, Whale Rock Cement, which in turn owns Cheetah Cement Botswana.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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