Along with the recent restructure of our company and the appointment of various new members of management, comes a new strategy that we consider fundamental to the growth of our company. By ensuring that we remain focused on our strategy and making certain that our values are put into practice, we believe we can continue to secure profit and growth within Zimbabwe and the region. We hope to return to our shareholders 9% profit as a percentage of turnover, 35% pre-tax return on shareholders’ equity and a 19.5% compound growth rate in earnings per share.
National Foods would not be able to conduct business activities without the trust and goodwill of its stakeholders. We are committed to maintaining a positive relationship with our stakeholders to ensure mutual satisfaction. Our focus is to enhance stakeholder value through the development and implementation of innovative, measurable and time bound strategies. The two largest shareholders of National Foods Limited are Innscor Africa Limited and Tiger Brands, together having a 75% share in National Foods Limited. Our National Foods Worker’s Trust has been set up in a manner which holds 10% of the shares of NFL for the benefit of our employees.