WATCH: How Sappi has prepared for Covid-19 fallout
Sappi CEO Steven Binnie talks to Business Day TV about what the company plans to do to cope with the pandemic
Sappi is cutting capital spend by R1.5bn after the price recoveries it had expected failed to materialise due to the Covid-19 pandemic. This has also weighed on its second-quarter profit which plunged 97%.
Business Day TV spoke to group CEO Steve Binnie about how the company is preparing for further fallout from the coronavirus pandemic.