Lafarge Zambia and the Pan African Building Society (PABS) have signed a Memorandum of Understanding (MoU) aimed at delivering mortgage based credit facilities to individuals in middle to lower income brackets in Zambia. Speaking at the MoU signing ceremony held today at Lafarge Zambia Head Off ice (HO) at Chilanga, Lafarge Zambia Chief Financial Officer Mrs Chrissie Moloseni said the partnership would tap into the PABS home construction products, its number of active borrowers and its competitive lending rates. These benefits would lead to stronger finance objectives, adaptable and diverse products and a stronger presence across Zambia.
A world leader in building materials, Lafarge employs 63,000 people in 61 countries, and posted sales of €12.8 billion in 2014. As a top-ranking player in its Cement, Aggregates and Concrete businesses, it contributes to the construction of cities around the world, through its innovative solutions providing them with more housing and making them more compact, more durable, more beautiful, and better connected. With the world’s leading building materials research facility, Lafarge places innovation at the heart of its priorities in order to contribute to more sustainable construction and to better serve architectural creativity. More information is available on Lafarge's website: www.lafarge.com
Lafarge Zambia is the main supplier of building materials and constructions solution provider in Zambia. Established in 1949 as Chilanga Cement, it was acquired in May 2001 by the Lafarge Group. With over 1000 employees and contractors Lafarge Zambia has a production capacity of 1, 300,000 tonnes cement per annum, which enables the Company to cater for the ever-growing demands of the Zambian and regional markets. Its product range includes Mphamvu, which is a flagship brand and has established strong presence in both domestic and regional markets, Powerplus, used in heavy construction projects, SupaSet, for block makers and concrete product manufacturers, Roadcem, for soil stabilization in road construction as well as Wallcrete for wall plastering. Innovation and customer satisfaction are at the core of the company’s performance. www.lafarge.co.zm Contact the Communications and Sustainable Depart: |
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Lafarge Zambia and Pan African Building Society (PABS) work towards reducing the current home defict in Zambia
15.06.2015