{"id":25536,"date":"2022-08-31T15:36:51","date_gmt":"2022-08-31T15:36:51","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined"},"modified":"2022-08-31T15:43:32","modified_gmt":"2022-08-31T15:43:32","slug":"chinese-owned-cement-company-fined","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined","title":{"rendered":"Chinese-owned cement company fined"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Mozambique\u2019s Competition Regulatory Authority (ARC) has fined the Chinese owned company Dugongo Cimentos over 20.5 million meticais (about 320,000 US dollars, at the current exchange rate) for concealing information.<\/p>\n<p>The Chinese company produces clinker and construction cement. A year ago other cement companies accused it of unfair competition, after it put cement on the market at extremely low prices.<\/p>\n<p>The ARC has been investigating Dugongo\u2019s practices, and claims that the Chinese company refuses to cooperate.<\/p>\n<p>According to an ARC press release, it has been attempting to extract relevant information from Dugongo since August 2021. ARC was trying to ascertain the costs of Dugongo\u2019s production and distribution chains so that it could conclude whether the company really is guilty of anti-competitive practices.<\/p>\n<p>Under Mozambican legislation on competition, failure to provide ARC with information, or the provision of false or incomplete data, makes the company liable to a fine of more than one per cent of the previous year\u2019s turnover.<\/p>\n<p>However, Dugongo denies the charges. Cited in Wednesday\u2019s issue of the independent newssheet \u201cMediafax\u201d, the company said it had never received a request for information from any Mozambican authority, including the ARC.<\/p>\n<p>Dugongo spokesperson Rui de Carvalho claimed \u201cno document requesting information has ever entered Dugongo requesting clarification about the company\u201d. He added that Dugongo is willing to work with any Mozambican monitoring authority.<\/p>\n<p>Despite this denial, the ARC insisted that it had sent several requests to Dugongo, and had never received a reply to any of them.<\/p>\n<p>Furthermore, the chairperson of the ARC board, Iacumba Ali, has publicly stated that the ARC is looking into the charges of unfair practices levelled against Dugongo by other cement companies.<\/p>\n<p>\u201cWe heard both sides, and we reached the conclusion that we needed a deeper investigation\u201d, Ali said in early 2022. \u201cThis investigation is now under way\u201d.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Mozambique\u2019s Competition Regulatory Authority (ARC) has fined the Chinese owned company Dugongo Cimentos over 20.5 million meticais (about 320,000 US dollars, at the current exchange rate) for concealing information. The Chinese company produces clinker and construction cement. A year ago other cement companies accused it of unfair competition, after it put cement [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":25535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-25536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chinese-owned cement company fined - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique\u2019s Competition Regulatory Authority (ARC) has fined the Chinese owned company Dugongo Cimentos over 20.5 milli ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese-owned cement company fined\" \/>\n<meta property=\"og:description\" content=\"Mozambique\u2019s Competition Regulatory Authority (ARC) has fined the Chinese owned company Dugongo Cimentos over 20.5 milli ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-31T15:36:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-31T15:43:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/08\/postQueueImg_1-630f816e888a3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"770\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Chinese-owned cement company fined\",\"datePublished\":\"2022-08-31T15:36:51+00:00\",\"dateModified\":\"2022-08-31T15:43:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined\"},\"wordCount\":319,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2022\/08\/postQueueImg_1-630f816e888a3.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/chinese-owned-cement-company-fined\",\"name\":\"Chinese-owned cement company fined - 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