Nampak’s dividend payouts curtail Q1 capex

NAMPAK Zimbabwe (Nampak) saw a reduction in spending for the first quarter ending December 31, 2023 owing to lower cash levels from last year’s two interim dividend payouts. In FY 2023, Nampak spent $13,14 billion on capital expenditure focused mainly on projects to increase capacity and improve plant services. The country’s leading packaging product supplier…

Subscribe to read full article. Subscribe today

Related posts

ICT, consumer stocks drive markets growth

Natfoods cries foul over rampant smuggling

Tanganda revamps coffee production

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