Rwandan government to sell stake in Cimerwa

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Rwanda: The government plans to sell its 49% stake in Cimerwa in March 2019. The 0.6Mt/yr integrated plant is run with South Africa’s PPC, which has a majority stake in the firm, according to Reuters. Prime minister Edouard Ngirente said that it would run an auction by the end of the month. He added that PPC had not yet said if it was interested in buying the remaining stake in the business.

Last modified on 13 March 2019

URL: https://globalcement.com/news/item/8926-rwandan-government-to-sell-stake-in-cimerwa

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