FY’24 SSA Industrials Outlook – A glimpse of hope

Price hikes offset declining volumes In 2023, the cement industry experienced a decline in volumes attributed to cash shortages, election uncertainties, and prolonged heavy rainfall, which impeded construction activities… . Price cut triggers industry uncertainty In October, BUA Cement made a surprising announcement to reduce the ex-factory price of cement in Nigeria from ₦4,200 to…

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