Southern Africa

Qhude Projects (Pty) Ltd, a KwaZulu-Natal based logistical services co-operative, is the latest enterprise to benefit from a ZAR9million loan from Ithala Development Finance Corporation Limited (IDFC) as part of an enterprise and supplier development partnership signed in 2022 with Sappi Southern Africa.

In an effort to address prevalent supply chain uncertainties and to maintain the commercial viability of its Graphic Paper business, Sappi Europe will keep prices for its Woodfree Coated Paper grades stable at today’s level for the remainder of 2023.

In a convergence of well-timed synchronicity, Women’s Month in South Africa this year also saw the Netball World Cup and Women’s Football World Cup taking place, providing the ideal time for Sappi to launch its #EmpowerHer netball programme in its neighbouring communities.

Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “Following the record profitability achieved last year, the group faced persistent challenges in the global economy and encountered ongoing weakness in paper and pulp markets. Specifically, the paper businesses experienced a significant downstream destocking cycle.”

Learn more and register at https://www.moebelfertigung.com/en/surface-in-motion-2023.

As part of Sappi Europe's full scale decarbonisation roadmap, Gratkorn mill is expanding the share of biomass to be used as an energy source, further driving the move away from fossil fuels as part of the mill’s contribution to the European roadmap.

Sappi Southern Africa and the University of the Witwatersrand (Wits) are pleased to announce the launch of the Sappi Chair in Climate Change and Plantation Sustainability.