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Zambezi Portland Cement Factory on the downfall
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The Zambezi Portland Cement Factory is on the downfall as it has registered losses in 2015 along with receiving severe criticism from the workers.
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The Ventriglia family has dismissed 47 workers from the factory on account of being redundant.
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Internal sources suggest that 53 more workers will also be terminated soon.
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The current management of the factory believes that they have workers who are redundant.
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However, the truth is that the factory is unable to conduct business in the right way.
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Workers are highly dissatisfied with the way the Ventriglia family is running Portland Cement Zambia.
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According to PACRA, the actual owners of the Finsbury Investments is the actual owner of the Portland Cement Zambia.
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