NAMPAK Zimbabwe (Nampak) says overall volumes withdrew 23 percent during the first quarter to December 31, 2024 following supply disruptions from social unrests in Mozambique as well as waning demand due to increased competition.The skirmishes in Mozambique following contested Presidential election results in October last year resulted in significant disruption to trading activity at its…
Mozambique unrest chokes Nampak supplies
The group's trading profit margin experienced a nine percent drop during the quarter largely attributable to the hyperinflation accounting effects from the prior year’s comparative period.