Earlier this week, global commodities trader IMR – with a consortium of investors – announced the R515 million acquisition of PPC’s Lime business in South Africa. The company is the largest supplier of metallurgical-grade lime in Southern Africa. One of the companies in the consortium that bought it is a 100 per cent black youth owned mining-focused investment holding company. Aneesh Misra, Head of Africa at IMR joins CNBC Africa for more.
IMR, Kolobe Nala partner with black youth to acquire PPC Lime
PUBLISHED: Fri, 07 May 2021 15:47:42 GMT