Weak demand in Africa hits Nampak’s results

Weaker economic demand and increased competition in Nampak’s key markets in South Africa, Angola and Zimbabwe hit the canmaker’s results for the half year to the end of March. Sales were down 17 per cent to R6.5 billion (US$372 million) and trading profit down 39 per cent to R633m ($36.3m). The canmaker also reported R3bn…

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