Nampak exits Zim, sells subsidiary for US$25m
Nampak’s 51,43% share of the net assets of the Zimbabwe unit was valued at ZAR292,5 million (US$16,66 million) as at September 30, 2023.
By Tatira Zwinoira
Oct. 24, 2024
Nampak Zim sees slowdown in sales volumes
He said the firm would focus on cost cutting measures to preserve margins and improve profitability, considering the macroeconomic challenges.
By Tafadzwa Mhlanga
Aug. 16, 2024
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Zimra’s unaccounted deposits cause tax woes
Acting auditor general Rhea Kujinga said the unaccounted funds have led to unintended consequences for clients.
By Mthandazo Nyoni
Jul. 14, 2024
Nampak, Zimra clash over ZW$27bn penalty
Nampak’s recent disclosures are part of a broader wave of grievances expressed by some of Zimbabwe’s biggest corporations regarding Zimra’s tax policies.
By Gamuchirai Nyamuziwa
Jun. 28, 2024
Nampak focuses on cost control measures
Demand at cartons and labels division was 1,4% ahead of prior year, somewhat curtailed by raw material constraints.
By Melody Chikono
Feb. 14, 2024
Firms struggle with accounting standards
The group also failed to comply with IFRS 13.
By Melody Chikono
Jan. 12, 2024
Nampak sits on ‘significant capital projects’
Nampak Zimbabwe Limited has three main business segments — paper, plastics and metals.
By Tafadzwa Mhlanga
Jan. 1, 2024
Nampak cashes in on Zimdollar scarcity
Other commercial packaging was in line with the prior year volumes for the third quarter.
By Mthandazo Nyoni
Aug. 16, 2023
Nampak lifts volumes as demand recovers
John van Gend said overall demand for packaging improved during the review period, compared to the previous year.
By Melody Chikono
Feb. 1, 2023