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John van Gend said overall demand for packaging improved during the review period, compared to the previous year.

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PAPER and packaging group, Nampak Zimbabwe suffered significant volumes decline across its business units attributed to the harsh Covid-19 impact on the local economy in the past year. Presenting the group’s performance for the period ended September 30 2020, the group managing director, John Van Gend said the pandemic’s impact took a huge toll on the business. “Hunyani volumes for the full year declined by 28% compared to the prior year. The corrugated division’s decline was driven by the tobacco case market where the local tobacco crop output was significantly down on the prior year...

Nampak volumes decline By KUDZAI  KUWAZA LISTED diversified packaging manufacturer, Nampak Zimbabwe Limited recorded a decline in volumes at its subsidiaries as a result of reduced consumer demand and a decline in regional exports among other challenges. In the company’s financial results for the year ended September 30, 2020, Nampak Zimbabwe group managing director John van Gend said the overall demand for packaging remained subdued this year, compared to previous years. “Nampak has not been immune to the social and economic impact of the COVID-19 pandemic and the resulting effects on t...