NatFoods

The country’s largest food manufacturer — National Foods Holdings Limited (Natfoods) says financial year 2020 first quarter performance showed improvement against same period last year as well as against the last quarter of 2020.
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National Foods Limited (Natfoods) is projected to maintain a growth trajectory in the financial year 2021 supported by its strong business which is anchored on staples.
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While local businesses face headwinds due to effects of the coronavirus (Covid-19) pandemic, agro-industrial giant National Foods Limited is expected to keep its head above water on firm demand for staple foods.
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National Foods Limited will this week re-open its Mutare maize milling plant as it seeks to meet the growing demand of maize meal, a senior official said yesterday.
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National Foods Holdings (Natfoods) says it experienced supply gaps on product lines that require imported raw materials during the four months to September 30, 2018 due to foreign currency shortages.
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ZIMBABWE Stock Exchange-listed Innscor Africa was found guilty of not following proper regulatory procedures in its acquisition of a majority stake in National Foods Limited (NatFoods) and could be liable to a fine as high as US$60 million.
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