Download - 3 Reasons - Portland Cement Zambia Fell
![Page 1: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/1.jpg)
3 Reasons why Portland Cement Zambia Fell
![Page 2: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/2.jpg)
The Portland Cement Zambia has not
added a penny to its revenue this year.
![Page 3: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/3.jpg)
The downfall began from April 2015 onward
when the Ventriglia family took over the
factory by force.
![Page 4: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/4.jpg)
Though they are committing numerous crimes within the
factory premise, here are 3 biggest reason behind the
downfall of Portland Cement Zambia
![Page 5: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/5.jpg)
#Reason-1
Excessive cash extortion from the factory cash box
![Page 6: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/6.jpg)
#Reason-2
Removing workers from the factory. This eliminated the workforce
and hence, the production failed to reach its optimum output.
![Page 7: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/7.jpg)
#Reason-3
Lack of Government Support. The innocent workers didn’t stand a chance in
front of the financially and politically strong Ventriglia family. Most of the cases
against the Ventriglia were either dropped or remained undecided
![Page 8: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/8.jpg)
Thus, we see how the
cement plant was abused
by the Ventriglia family
under various context.
![Page 9: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/9.jpg)
As of now, the asset of the factory has also been
leased to third parties which including transfer of
43 trucks and premise of the factory.
![Page 10: 3 Reasons - Portland Cement Zambia Fell](https://reader034.vdocuments.us/reader034/viewer/2022042723/587a5d511a28ab520b8b6f4d/html5/thumbnails/10.jpg)
Some experts say that the factory has become beyond repairable and
hence, would be put down even if Ital Terrazzo Limited (ITL) decided to
leave the factory in its current position.