Nampak Limited

JOHANNESBURG (Capital Markets in Africa) – Nampak Limited rallied the most on record after Africa’s biggest beverage-can maker said it significantly improved its ability to get cash out of Nigeria while increasing the use of hedging contracts to protect against currency fluctuations. The Johannesburg-based company expects to get $54 million out of Nigeria by the end of September, Chief Financial Officer Glenn Fullerton said by phone. The combined rate at which Nampak extracted money out of Nigeria and Angola…