Cimpor will have to take a partner in its South African unit Natal Portland Cement and may have to transfer as much as 26 per cent under new legislation, Jornal de Negocios reported, citing a Cimpor internal document. Cimpor will have to give up a stake in NPC in order to comply with new legislation affecting natural resources extraction companies, within the framework of the Black Economic Empowerment programme, the report said. Published under Cement News
Cimpor will have to take a partner in its South African unit Natal Portland Cement and may have to transfer as much as 26 per cent under new legislation, Jornal de Negocios reported, citing a Cimpor internal document. Cimpor will have to give up a stake in NPC in order to comply with new legislation affecting natural resources extraction companies, within the framework of the Black Economic Empowerment programme, the report said. Published under Cement News
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