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Cheetah Cement pumps P700m into Matsiloje plant expansion

Friday, August 19, 2022 | 1090 Views |

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.

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Cheetah Cement pumps P700m into Matsiloje plant expansion

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