Cement Price Hike Investigations Still Ongoing
The Competition and Consumer Protection Commission (CCPC) is still undertaking its investigations regarding the simultaneous and synchronized hike of prices in the cement sector.
CCPC has in the recent days been receiving press queries and calls from the media following a press statement which was released by Lafarge on the dawn raid that was conducted by CCPC last Tuesday at Lafarge Cement Manufacturing Company in Chilanga.
The Commission is alive to the fact that the media plays a pivotal role in informing Consumers and Zambians at large especially on matters that are core to the growth of Zambia’s economy.
Thus, CCPC wishes to urge the general public and the media that information relating to findings obtained from the raid will be communicated to them when investigations are concluded.
However, CCPC would like to acknowledge that the content of the press statement by Lafarge was true as the company was compliant with all investigation proceedings at the time of the raid.