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LATEST NEWS FOR Sappi Ltd.  

Sappi is a global company with operations in North America, Europe and Southern Africa and is focused on providing dissolving wood pulp, packaging and speciality papers, printing and writing papers as well as biomaterials and biochemicals to Sappi's ... [more info]

Sappi slumps to three-year low as weak paper demand hits profit

9 May 2019 /  Roxanne Henderson, Bloomberg   
Weakness in its main graphic-paper markets forces Sappi to cut production.

SA taken to court after doubling coal-emission limits

7 May 2019 /  Antony Sguazzin, Bloomberg   5
GroundWork files challenge against environmental affairs minister Nomvula Mokonyane and President Cyril Ramaphosa.

EM stocks dip, Chinese shares seen falling further

23 Apr 2019 /  Aaron Saldanha, Reuters   
Chinese shares weakened on concerns of Beijing trimming support to the economy.

Resource counters buckle under Vale go-ahead

17 Apr 2019 /  Moneyweb  
Meanwhile, Mondi and Sappi's shares fell more than 4.5% respectively.

Naspers unbundling good for the index

5 Apr 2019 /  Adriaan Kruger   6
The JSE Top 40 Index lost its appeal as a benchmark and hedging instrument due to Naspers's disproportional weighting in the index.

Rand falls on firm dollar, stocks up

6 Feb 2019 /  Olivia Kumwenda-Mtambo and Emma Rumney, Reuters   1
'The upcoming weeks are of great importance for South Africa.'

Five things making headlines in South Africa today

6 Feb 2019 /  Moneyweb  
Blow for Standard Chartered in forex rigging case, Eskom debt and possible solutions, Bushveld Minerals seeks JSE listing, Sappi Q1 results, rand update.

Rand retreats, Naspers lifts stocks

21 Jan 2019 /  Joe Brock and Emma Rumney, Bloomberg  
'It's been a consolidation session for emerging markets. There has been little impetus.'

Sappi takes short term pain for long term gain

UPDATE
15 Nov 2018 /  Patricia Aruo, Reuters   
Sappi revamped investment to modernise plants and shift production to more profitable products.

Times have changed, let’s create jobs!

5 Oct 2018 /  Antoinette Slabbert   61
Executive pay and dividends on the chopping block in the drive to retain jobs.

Sappi posts 12% drop in Q3 profit

UPDATE
13 Aug 2018 /  Nomvelo Chalumbira, Reuters  
Due to an increased depreciation expense following higher capital expenditure.

Five things making headlines in South Africa today

13 Aug 2018 /  Moneyweb   1
Weakening rand, panel makes zero-rated Vat items recommendation, Numsa to list a firm on the JSE, Sappi third quarter results and 2017 tourism report.

Sappi to invest R7.7bn to expand capacity at Saiccor Mill

23 Jul 2018 /  Nomvelo Chalumbira, Reuters   
The investments include a R2.7 billion capacity expansion project and a planned R5 billion over five years.
Moneyweb Investor

Stocks to own in SA’s new dawn

27 Mar 2018 /  Patrick Cairns  
Construction shows promise.

Sappi’s profits fall in first-quarter

7 Feb 2018 /  Nqobile Dludla, Reuters  
Group warns of a slightly lower 'operating performance' in the second quarter.

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