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HARARE - Agro-industrial firm, National Foods (Natfoods) says it has invested US$12 million towards contract farming during the 2022-23 farming season. The group’s contract scheme is managed by its unit Paperhole Investments (PHI) Commodities which is responsible for the production of crops such as maize, soya beans, and sorghum. The company also procures grain from…
LISTED agro-industrial concern, National Foods (NatFoods), says inflation containment measures introduced by the Reserve Bank of Zimbabwe (RBZ) would result in a sound economic performance despite the obtaining challenges. Presenting a trading update for the period ended March 2022, NatFoods company secretary, Leigh Howes, said volume momentum for the third quarter slowed, with an increase…