KAP says recovery taking place
The encouraging signs from the months of July and August provide some comfort to KAP
23 August 2020 - 00:06
KAP Industrial, considered an economic bellwether because of its diversification across the automotive, logistics, wood-based panelling, chemicals and transport sectors, says its "relatively strong order books" from July onwards indicate there are signs the economy has turned the corner.
"We are actually quite optimistic, looking forward," CEO Gary Chaplin said this week. "We have had a good July. August so far is looking good."..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.