Singapore investment firm to take over AfriSam

MBABANE – The Eswatini Competition Commission (ESCC) has conditionally approved the acquisition of 100 per cent of AfriSam Eswatini by Singapore-based West International New Building Materials (WINBM). The competition watchdog-imposed safeguards aimed at preventing the transaction from weakening competition in the country’s cement market. The transaction, which was notified to the commission on…