Competition hits Nampak margins

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

Advertisements 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…

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