About National Foods

08 Oct, 2021 - 00:10 0 Views
About National Foods Natfoods CEO Micheal Lashbrook

eBusiness Weekly

The company was established in 1920 and produces a broad range of basic foods including maize meal, flour, cooking oil, margarine, rice, salt, snacks, biscuits, pasta, sugar beans, baked beans, popcorn, as well as soap and a full range of animal feed.

Recently, a maize-based cereal has been added to the National Foods product portfolio.

The company’s iconic and home-grown brands Red-Seal, Pearlenta, Gloria, Mahatma, Better Buy, ZimGold, National Foods Stockfeeds, Iris, Zapnax, KING, and most recently Allegros Popticorn are distributed across the length and breadth of Zimbabwe.

The company has 2 major shareholders; Innscor Africa Limited 37,73 percent and Tiger Brands 37,45 percent. The National Foods Workers Trust, which was established in 1985 by way of a donation also owns 9,85 percent of the company.

The beneficiaries of the Trust are the National Foods Ltd non-managerial employees. The company is listed on the Zimbabwe Stock Exchange.

National Foods has manufacturing sites in Harare, Bulawayo, and Mutare from which it distributes its products throughout Zimbabwe.

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