Challenging trading environment for Mpact, but CEO stands Strong
Mpact reports weaker performance for the year to end-December with HEPS down 30% to 323.6c
10 March 2025 - 09:35
UPDATED 10 March 2025 - 19:54
Packaging and recycling company Mpact is optimistic that the unbundling of Eskom and the move by Transnet to open its rail networks to third parties will enable the private investment needed to resolve SA’s electricity and logistics constraints.
While SA consumers and businesses welcomed the absence of load-shedding for the majority of last year, Mpact continued to be affected by electricity outages due to failed infrastructure, as well as frequent water outages...
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