Competition hits Nampak margins

During the year, Nampak completed the disposal of Bevcan Nigeria, the I&CS businesses, and Kenyan assets.

CONSOLIDATED packaging manufacturer Nampak Zimbabwe has reported a significant drop in key profit margins due to increased competition, which is eroding its market share.Advertisements The informalisation of the retail sector and disruptions to the route-to-market also contributed to declining demand from some customer segments. In a statement accompanying the company’s financials for the first half,…

Subscribe to read full article. Subscribe today

Related posts

Mutapa Gold sticks to production plan

Equity gains lift Datvest fund

Eagle REIT expands development pipeline

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