Nampak shareholders will wait longer for dividends as Africa’s largest diversified packaging manufacturer has taken a cautious stance amid continued liquidity problems in Zimbabwe and the delayed sale of its glass business.

Currency volatility and unfavourable macro-economic conditions in the key South African, Angolan and Zimbabwean markets have pushed the company into cash preservation mode...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now