SalesZWL(c) 5,114.88
ValueZWL$ 22,336,680.96
Market capZWL$ 3,498,583,444
Shares issued68,400,108


Today589.88 / 13.04%
52 week highZWL(c) 5,114.88
52 week lowZWL(c) 690.00
52 week change607.45%
Year to date467.69%

Market Info

CurrencyZWL cents
Listed4th November, 1970
Year endJune
IndexZimbabwe Industrial Index (


Div. yield0.54%
P/B ratio13.52
EV / EBITDA40.34


National Foods is Zimbabwe’s largest food manufacturer. 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 loved across the length and breadth of Zimbabwe. Gloria and Red Seal have been trusted and esteemed brands in Zimbabwe for almost a 100 years.

The company has 2 major shareholders; Innscor Africa Limited 37.73% and Tiger Brands 37.45%. The National Foods Workers Trust, which was established in 1985 by way of a Donation also owns 9.85% 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. Our people work passionately to add value to the lives of our customers and consumers through our products; striving to continuously improve our existing products as well as progressively adding new categories to our portfolio.

National Foods Holdings Limited is listed on the Zimbabwe Stock Exchange


Gloria House, 10 Stirling Road, Workington, P.O Box 269, Harare

(0242) 753751/8, 753741/9

ChairmanTodd Moyo
Chief Executive OfficerMichael Lashbrook
Company SecretaryLeigh C. Howes
Transfer SecretaryFirst Transfer Secretaries (Pvt) Ltd (zw)

The Board

  • Michael Lashbrook (Chief Executive Officer)
  • Lovejoy Nyandoro (Finance Director)
  • Rosseweater Usayi (Group Human Resources Director)
  • James Stevens (Operations Director)
  • Todd Moyo (Chairman)
  • Noel Doyle
  • Godfrey Gwainda
  • Julian Schonken
  • Pieter Spies