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Africa & The Middle East - 23 November 2017

PPC reports positive half-yearly results

Boosted by growth in Rwanda and Zimbabwe, as well as improved finance costs, PPC reported positive half-yearly results with a strong rise in net profits.

 

PPC rejects Fairfax bid

PPC has rejected a bid by Fairfax Africa Investments for a stake in the cement maker that would also have seen the company merge with rival, Afrisam.