Anglo sells subsidiary

Botswana Stock Exchange(BSE) listed miner, Anglo American has announced that it has completed the process of selling Tarmac Building Products Limited to Lafarge Tarmac Holdings Limited.

This follows a regulatory approval. Last year, the company that owns De  Beers with Botswana, revealed it had reached an agreement to sell TBP to Lafarge Tarmac Holdings Limited, the equal joint venture of Lafarge’s and Anglo American’s construction materials and services businesses in the United Kingdom.

Editor's Comment
A step in the right direction

It has only been a month since the newly elected government, the Umbrella for Democratic Change (UDC), took power, and there are already a lot of changes. Across different ministries, ministers are hard at work. Following heavy rainfall and storms that hit Francistown recently, the Minister of State Presidency, Moeti Mohwasa, made a commitment that government will assist those affected by the heavy rains. Mohwasa, when addressing the media in...

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