In a trading statement, the packaging group said the impairment of its Rest of Africa operations was the result of deteriorating market conditions and consisted of a goodwill impairment of R2.2 billion at Bevcan Nigeria and a R800 million asset impairment in Angola.

background-color:#77BB30; Last year's results were restated due to the retrospective accounting treatment of historic inter-company balances owing by Nampak Zimbabwe and related foreign exchange losses. S&P 500 heads for its biggest daily decline in almost seven weeks, Government incentives must be strengthened and carbon tax should be used to support green research & development, State points to evidence French firm sought former deputy president’s endorsement of businessman’s political credentials, Interim leader John Steenhuisen is up against KwaZulu-Natal MPL Mbali Ntuli, Consumer spending remains constrained and economic conditions weak, the food franchisor says, boding ill for the peak December season, Despite losses and rising impairments, the development financier says it retains the support of funders and can bolster SA's recovery efforts, That said, the province's emergency economic relief and recovery programme aims to create nearly 20,000 new jobs, Ethiopia summons US ambassador over 'incitement of war' between Ethiopia and Egypt by Donald Trump, Tuks teammates produce two standout swims at SA short-course championships, The hotel’s restaurant, Basalt, will play host to a series of pop-up culinary experiences. The mutual bank and microlender says increased business activity is needed to support an economic recovery. Use of this site constitutes acceptance of our Terms & Conditions and Privacy Policy. Sollte dieser Fehler erneut auftreten, kontaktieren Sie bitte unseren Kundeservice per E-Mail. border:solid 1px #DEDEDE; Read Post. #carousel .title { border-bottom: 3px solid #77BB30; “It should be noted that the impact of Covid-19 and reduced economic activity in Angola were the key drivers in the need to obtain a relaxation in funding covenants.”, US stocks tumble on soaring Covid-19 cases and worries over lack of stimulus deal, Rand weakens ahead of MTBPS later in the week, ‘Cool heads’ absent as JSE investors worry about Covid-19, JSE faces mixed Asian markets on Monday as US Covid-19 cases surge, Dire state of economy no reason for SA not to invest in a greener, hi-tech future, Alternative effort by the IRR fills the many gaps in the expropriation bill​, LUKANYO MNYANDA: Covid chaos could mean Mboweni’s budget promises aren’t worth the paper they are written on, PETER ATTARD MONTALTO: Mboweni has a tough task on his hands, Thales insists it was ignorant of Shaik’s alleged corrupt relationship with Zuma, Farms on land reform list are already occupied, Court deals major blow to NPA’s bid to claw back cash lost from Transnet, Tom Moyane will question Pravin Gordhan at Zondo inquiry in November, POLITICAL WEEK AHEAD: DA to hold first virtual congress to elect new leaders, Forum linked to Zuma lobby groups joins campaign against IPPs, POLITICAL WEEK AHEAD: Ramaphosa to announce long-awaited recovery plan, Consumers have not shaken psychological effects of Covid-19, says Famous Brands, FNB estimates 2-million did not get paid in April, Massmart loses more than R1bn in liquor sales ban, IDC earmarks a role in SA’s recovery plan, ECONOMIC WEEK AHEAD: Finance minister Tito Mboweni in the spotlight, NEWS ANALYSIS: Treasury between a rock and a hard place with MTBPS, WATCH: What to expect from the medium-term budget​, ALAN WINDE: Private sector, not the state, drives growth in the Western Cape, Unprecedented trading conditions require bespoke lending solutions, IDC beneficiaries’ list reveals network of politically connected black executives, Four key lessons from Covid-19 on starting your company’s digitisation journey, AU announces Nile dam talks to resume after Trump angers Ethiopia, SA sides with Zimbabwe as Western nations defend ‘targeted’ sanctions, Putin defends Joe Biden’s son from Trump allegations, Why coronavirus is unlikely to lose its crown anytime soon, Tatjana Schoenmaker powers to her third national record, World mark could be in sights as Tatjana Schoenmaker lowers SA record, Beresford Williams leads mass resignations at Cricket SA, Frank Lampard chides VAR after Chelsea denied the spot, Wanted Online: Three of Jozi’s best chefs to pop up at the city’s finest boutique hotel, The Peech.

The trend is starting. Es sind aktuell keine Nachrichten für dieses Wertpapier verfügbar. “Sport Caps And Closures Market is growing at a High CAGR during the forecast period 2020-2026. Wheels of justice turning for those implicated in state capture, PODCAST | THE STORY: A look into News24’s exposé of the KwaSizabantu cult in KZN. Nampak Ltd., Africa’s biggest maker of beverage cans, has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in the two countries where a quarter of Africans live — Nigeria and Ethiopia. url(https://www.africanbusinesscentral.com/wp-content/themes/scipio/images/mobilemenu-arrowdown.png) no-repeat center center;

Nampak’s share price jumped 45.16% to 90c on Wednesday. Civil society groups plead with Zondo to investigate 101 high-profile 'actors', Karyn Maughan | Thales court challenge will effectively be a 'dry run' of Zuma, French arms company's trial. The company said it has renewed two supply contracts with multinational companies to supply beverage cans for the next three years. Ihr AktienReport PLUS für die NAMPAK AKTIE wurde erstellt. .pagination .current { It has also secured two material contracts to supply beverage cans to new, large export customers.

Nampak is a shadow of its former self.

STREET DOGS: It’s man with a hammer syndrome . body { background:#444444


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Its shares closed unchanged at R1.18 yesterday. .scrolltop:hover { background: url(https://www.africanbusinesscentral.com/wp-content/themes/scipio/images/up.png) center center no-repeat

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“The bulk of these secured volumes will be delivered throughout the 2021 fiscal year and will boost the utilisation of the SA beverage can facilities.

Nampak said in an update on Wednesday that trading is returning to normal as economic activity and consumer patterns recover due to the lifting of lockdown restrictions.

The shopping centre owner says the restrictions have been imposed for an initial two weeks when the situation will be reassessed. : Initial jobless claims in the US fell more than expected last week.

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