Publications

The research targeted the challenges encountered in the privatization process impactingthe profitability of Cimerwa Cement Manufacturing Company in Rwanda. Thisinvestigation held significance for CIMERWA, the researcher, and future scholars.Adopting a case study approach, the research engaged 172 CIMERWA employees, with asample size of 64 selected through stratified and random sampling methods.Questionnaires and documentary analysis facilitated primary and secondary datacollection, while reliability and validity of the instruments were validated via pilotresearch using Cranach’s Alpha and expert evaluations. SPSS software was employed fordata analysis.Findings indicated that inadequate privatization strategies at CIMERWAhinder long-term sustainable performance and goal attainment, leading to escalatedcapital and maintenance costs, ultimately impacting the company's prosperity. Thestudy emphasized that CIMERWA's efficiency in profitability hinges on its focus oncrucial aspects such as material handling systems, warehousing, cost-effectiveprofitability measures, supply chain and inventory management, all pivotal inorganizational management. In terms of the benefits derived from privatization efforts,23.4% of respondents affirmed that these services ensured accountability forprofitability, while 60.9% attested to their role in ensuring profitability accountability.Employing the Pearson correlation coefficient in SPSS revealed a strong 96.3% correlationbetween privatization efforts and profitability.Keywords: Privatization, CIMERWA cement, Profitability, Accountability, Employees