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Sappi braces for Covid-19 fallout

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Sappi is cutting capital spend by R1.5bn after the price recoveries it had expected failed to materialise in the wake of Covid-19. This has also weighed on its second-quarter profit which plunged 97%. Business Day TV caught up with the group's CEO, Steve Binnie and he shared some detail on how the company is preparing for further fallout from the coronavirus pandemic.
7 May 2020 2AM English South Africa Business · Business News

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