Nampak Zim sees slowdown in sales volumes

PACKAGING firm Nampak Zimbabwe Limited’s  group revenue in US dollar terms fell 10% in the nine-month period to June, owing to the El Niño-induced drought.

During the period under review,  under reveal the economy was ravaged by the El Niño-induced drought  that saw average to below normal rainfall. 

Most crops are expected to record significantly reduced output for the 2023/24 agricultural period with tobacco production expected to decline by about 20% to 235 million kilogrammes from the prior season.

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