Online Reporter
Business Reporter
NAMPAK Zimbabwe invested US$2,3 million in the half-year period to March 31, 2025, primarily for expansion projects and improved generator capacity at its subsidiary, Megapak.
Group managing director, Mr John Van Gend, stated in the financial report that the group continues to evaluate other projects to maintain or improve capacity.
He noted, “The outlook for the group remains promising, with growth prospects in the beverage markets, and the group will also continue to sustain high efficiencies, good product quality and rigorous customer support.”
Mr Van Gend also highlighted encouraging short-term growth prospects in the corrugated market due to an increased tobacco crop size in 2025. Other strategic group initiatives include enhancing capacity and improving operating efficiencies.
Nampak Zimbabwe continues to trade under a cautionary notice regarding the concluded sale and purchase agreement between Nampak Southern Africa Holdings Limited and TSL Limited.
This agreement remains subject to various suspensive conditions.
The US$25 million offer from TSL Limited for a 51.43 percent stake in Nampak Zimbabwe, once finalised, will be a significant deal for the market.
