The President took charge of the crisis, showed the authoritarians in Cabinet that he's still the boss, writes Adriaan Basson.
Showers early. More sun than clouds. Cool.
The cement companies PPC and AfriSam are engaging in merger talks, which they believe will be to the advantage of the shareholders of both firms.
A warning of a probable credit rating downgrade has sent cement maker PPC's share price plunging to its biggest drop on record.
Switzerland's Holcim has unveiled an all-share deal to buy France's Lafarge to create the world's biggest cement maker.
PPC is hoping to get back its investment grade credit rating before year end, now that it has slashed its debt following a R4bn share issue, says PPC CEO Darryll Castle.
Lack of major national projects and large commercial infrastructure projects has seen Lafarge Cement Zimbabwe post reduced revenues for the half year to end-June.
The world's two largest cement manufacturers have agreed the terms of a merger that will create a company with a stock market value of around $55bn.
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