Subscribe & Follow
Advertise your job vacancies
Trending
Jobs
- Production Planner Cape Town
- General Manager Operations (Zambia) Lusaka
- Process Technician - Plastics (Machine Setting) Cape Town
- Quality Control Supervisor Isando
- Group Head - HSE (Health, Safety & Environment) Lusaka
- Large Format Print Operator George
- Expediting Administrator - Engineering Sector Johannesburg
- Senior Debtors/Creditors Clerk Babelegi
Nampak surges to fresh record
Shares in Nampak surged to a new high on Thursday (6 September 2012) after the packaging group said it had identified potential opportunities in west Africa‚ particularly Nigeria for its beverage cans business.
This forms part of the company's broader growth strategy of generating at least 25% of its revenue from the rest of Africa by 2017.
Africa trading profits represented 15% of the total group in the six months ended March 2012. The bulk of its trading profits from were from SA.
"We have set ourselves a target of between three and five years to execute our plans in the West Africa region. This will be in the form of acquisitions and greenfields‚" said Graham Hayward from Nampak investor relations.
The company said last month it planned to build on the success of its "mini Nampak" model in Zambia‚ which included a wide range of packaging goods and services.
"The market appreciated the positive tone on the company's growth prospects‚ which included a scope to grow its business in Africa‚" said one analyst who preferred to remain anonymous.
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
