PPC says Fairfax offer too low

Regional cement maker Pretoria Portland Cement (PPC) says the partial offer by Fairfax Africa Investments Proprietary Limited to acquire R2 billion of the company’s issued ordinary shares at an offer…

Zimbabwe Stock Exchange runs wild

Zimbabwe’s stock exchange market capitalization yesterday peaked at $8.9 billion, the highest since dollarisation, as the bourse continues on a bull run which has seen it reach record levels. The…