Paper and packaging group Sappi, the world’s largest producer of dissolving pulp, says violent protests in KwaZulu-Natal is expected to shave off $16m (R220m) in core profit, a blow compounded by a growing line of ships outside Durban after Transnet was hit by a cyber attack.

The group lost about 10% of its quarterly production as it shuttered its Sappi Saiccor, Tugela and Stanger mills in KwaZulu-Natal in July, with the violent unrest also delaying the opening of its nearly-completed Saiccor expansion project to later in 2021...

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