National Foods set to delist from VFEX

Philemon Jambaya

Zim Now Editor

National Foods Holdings Limited, a leading diversified milling concern, is poised to delist from the Victoria Falls Stock Exchange.

The company's decision to exit the exchange is part of a broader strategic review and aims to streamline its operations.

In a recent cautionary statement, National Foods informed its shareholders and the public about the potential delisting. The company is currently in the process of finalizing the necessary regulatory procedures to complete the transaction.

National Foods, a dominant player in Zimbabwe's food manufacturing industry, produces a wide range of products, including flour, maize meal, rice, cooking oil, and snacks. The company has been a key contributor to the country's food security and economic growth.

In recent years, National Foods has expanded its operations to include animal feed production, further solidifying its position as a leading agribusiness player. The company's products are distributed both domestically and internationally, catering to a diverse range of consumers.