INDUSTRIALS & ENERGY

Major shareholder cuts off forex support to Nampak

PACKAGING manufacturer Nampak Zimbabwe says it has been cut off by its major shareholder Nampak Holdings, which has been assisting it with foreign currency due to non-payment of outstanding debts.The ...

By Staff reporter | Published: 07 February 2019

INDUSTRIALS & ENERGY

Nampak reports profit jump

Zimbabwe Stock Exchange listed packaging company Nampak Zimbabwe (Nampak) profit for the year up to September  jumped 89,3 percent to $14,5 million from $7,6 million in the prior period despite d...

By Staff reporter | Published: 03 December 2018

INDUSTRIALS & ENERGY

Borrowings plague Nampak

Zimbabwe Stock Exchange listed packaging company Nampak Zimbabwe (Nampak) remains troubled by a $9,3 million short-term borrowings relating to a facility owed to parent Nampak International Holdings.A...

By Staff reporter | Published: 25 May 2018

INDUSTRIALS & ENERGY

Nampak proposes glass unia sale to address 'skills gap'

Limited has proposed selling its glass division, and says it is facing an unnamed new entrant in the South African beverage can market.The packaging group's share price fell as much as 4.6 percent to ...

By Business Day | Published: 04 April 2018

INDUSTRIALS & ENERGY

Nampak Zimbabwe FY net income up 13%

PACKAGING group Nampak Zimbabwe recorded a 13,5 percent growth in net income for the year to September 30 to $4,9 million from $4,3 million in the prior period.Revenue was higher at $96,2 million, fro...

By The Source | Published: 29 November 2017

INDUSTRIALS & ENERGY

Nampak to consolidate Zimbabwe businesses

South African packaging company Nampak is seeking to consolidate its Zimbabwe businesses for them to be run under one entity. Nampak wholly owns CarnaudMetal Box (CMB), and has two associates Hunyani ...

By Staff reporter | Published: 24 July 2014
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