Dangote Cement has doubled its cement production in Dar es Salaam in response to Tanzania's cement shortage, which has resulted in higher cement prices.
Routine maintenance at some factories has meant lower production and retail cement prices have risen from TZS12,000 (US$5.25) per 50kg bag to TZS22,000 (US$9.63) in recent weeks, reports The Citizen.
Dangote Cement's Country Manager, Mr Jagat Rathee said the company has increased its output from 2500tpd to 5000tpd of cement. "We were somehow busy with the completion of connecting natural gas to the factory and we resumed the production recently, but in small amounts," he said.
"However, after realising that there is a shortage of the product in the market, we increased production...We will not raise our prices. The price will remain the same. We can't take the shortage as an advantage for generating super profits," he added.
