Nampak margins to take hit from El Nino

NAMPAK Zimbabwe (Nampark)’s margins are likely to decline owing to El Nino, power cuts and low disposable incomes, despite its revenue reaching a five-year high on record tobacco output, a research firm has predicted. Given the southern African nation’s past experiences with drought in critical years such as 1991-1994, 2002, 2004, 2012, 2016 and 2017,…

Subscribe to read full article. Subscribe today

Related posts

Supply gaps stall commodity markets

Hamudi Takes Helm at Baker Tilly Zimbabwe

Hyatt Regency Harare unveils revamped hotel rooms

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More