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Nampak may put the brakes on rights issue as it asks to delay vote

Shares in Nampak rose more than 5% on Monday after Africa's largest packaging manufacturer hinted it may backpedal on its plans to tap shareholders for as much as R2 billion. ....

Erik Smuts ,

AGP's message in a bottle celebrates Nigel expansion

Ardagh Glass Packaging South Africa, formerly known as Consol Glass, says it will create 300 jobs once it completes its third furnace in Nigel, east of Johannesburg, to cater for a buoyant demand for glass. ....

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Nampak at T-junction with rights issue: 'We have to act now, reap benefits later'

Nampak is confident it can put the worst of its challenges behind it if shareholders green-light a proposed rights issue of up to R2 billion. ....

Erik Smuts , In Can Manufacturing ,

Nampak gets kick from can demand, but profits take foreign exchange hit

Surging demand for beverage cans helped Nampak grow full-year revenue more than a fifth, but net profitability was hit by foreign exchange losses, higher interest rates and increased impairments. ....

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