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Pulp and paper producer Sappi, which posted record profits in the third quarter of its 2022 financial year, aims to boost its self-generating power capacity to supply electricity to the struggling national grid.

This comes after President Cyril Ramaphosa’s announcement that, to address the shortage of megawatts, the ailing state-owned utility Eskom aims to purchase additional energy from mines and paper mill companies that have surplus power...

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