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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
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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