NATIONAL Foods (NatFoods) says it is focusing on projects that improve its diversity through a larger basket of products.
The country’s biggest food manufacturer is currently constructing a new mill at its Bulawayo site, which is set to open this month, while it is also upgrading its Aspindale Harare rice plant.
The company is also in the process of acquiring a new biscuit and pasta line.
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The group’s flour unit volumes for the half year ended December 31, 2022, decreased by 20 percent compared to the same period last year, driven mainly by significant increases in the price of wheat on the back of the situation in Ukraine, the results show.
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