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Moneyweb South Africaâ€™s healthy fruit export season has helped paper and plastics packaging company Mpact deliver strong interim results for the six months to June 30.
Business Day Mpactâ€™s paper and plastics packaging businesses continue to post stellar prof its amid the headwinds of a poor South African economy.
CNBC Africa South African paper and plastic packaging company Mpact reported a 10.8 per cent revenue increase for the six months ended in June. CNBC Africa spoke to Bruce Strong, CEO of Mpact about why it has had a cautious approach to expanding in Africa.
Moneyweb Youâ€™re with Moneyweb on the Market Update here on SAfm, paper and plastics packaging group, Mpact, reported an 11% climb in revenue this morning to R4.4bn for the half-year to June.
Business Day TV Bruce Strong, CEO of Mpact, discusses first-half results from the packaging group with Alishia Seckam.
Engineering News JSE-listed paper and packaging company Mpact on Wednesday reported a double-digit uptick in earnings for the first half of the year, but warned that the continued subdued economic environment could make the upward trend hard to sustain in the second half of the year.
Bloomberg Shares of Mpact Ltd., a South African maker of cardboard and plastic packaging, climbed to a record after the company said first-half profit would rise as much as 51 percent.
Media Club South Africa Innovation is critical to manufacturing success, but equally, you cannot innovate in a box. Business leaders and professionals at the second Manufacturing Indaba heard how collaboration was key.
Engineering News Trade and Industry Minister Dr Rob Davies signalled on Monday that government would be demanding higher levels of compliance with local-content requirements, arguing that once â€œdesignation notesâ€ had been issued by the National Treasury it was no longer a choice, but a requirement, for State departments, companies and agencies to â€œbuy localâ€.
Business Day Mpact on Wednesday said the year ended December 2014 was a "successful" one for the company despite many challenges.