Already, our impact on the South African economy is positive and significant. We contribute 1% of South Africa’s total foreign revenue and supply the fruit export industry with most of its packaging requirements. The latter industry contributes around 4% of the country’s foreign revenue.
Watch Sappi South Africa CEO Steve Binnie, deliver remarks about our commitment to enhancing prosperity in South Africa at the country's 2019 Investment Conference. He affirms our commitment to South Africa's transformation to a more inclusive and dynamic economy where the fruits of growth are shared equitably.
According to Forestry South Africa, in 2018 the forest products sector in South Africa employed approximately 149,100 people (58,900 directly and 90,200 in indirect jobs). Overall, forestry provides livelihood support to 654,000 people. The forest sector (forestry and forest products) makes a significant contribution to the balance of payments and the forestry sector accounts for 9.8% of agricultural GDP.