Weak tobacco output hampers Nampak sales

A 53 percent increase in national tobacco production to an unprecedented 352,7 million kg this year, brings optimism to the group going into the final quarter.

NAMPAK Zimbabwe (Nampak) posted a 20 percent reduction in volumes during the six months ended March 31, 2025, due to lower tobacco output last year caused by drought and weaker regional demand for tobacco cases.The packaging products manufacturer is heavily exposed to the tobacco industry, through its subsidiary Hunyani Paper and Packaging, which produces corrugated…

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