Sector: Industrials
The company is not available at Interactive Brokers
Mpact Limited (JSE:MPT) is the largest paper and plastics packaging and recycling business in Southern Africa. The group's integrated business model is uniquely focused on closing the loop in plastic and paper packaging through recycling and beneficiation of recyclables. Innovation lies at the heart of the group's strategy. It uses its close relationships with customers and understanding of their industries to anticipate their needs and create structural and graphic solutions, as well as value-added services.
The group's footprint, leading market positions and proximity to customers contribute to faster response times, reduce transport costs and create economies of scale.
Mpact is South Africa 2019s largest collector of recyclable packaging. By closing the loop on paper and plastic, the group reduces the amount of material going to landfill, promotes local beneficiation of raw materials and supports the development of more than 50 small businesses.
Mpact's liquid packaging recycling plant can recycle 24,000 tonnes of used liquid cartons a year, saving 65,240m3 of landfill space and approximately 11,400 tonnes of carbon emissions.
Paper Division
The paper business consists of three divisions: recycling, paper manufacturing and paper converting.
Recycling
Collects recyclable paper, plastics and liquid cartons to recycle these to provide feedstock for the paper division, and for sale to external customers.
Paper Manufacturing
Makes recycled-based packaging, industrial paper grades (such as containerboard and cartonboard), and other converted paper products. These are used in the paper converting business and sold to external customers.
Paper Converting
Makes printed and unprinted converted corrugated products, including board used to manufacture corrugated packaging, corrugated boxes, cases, trays, point-ofsale displays, cups, lids, bags and trays.
Plastics Division
Plastic converting
Makes rigid plastic packaging, including polyethylene terephthalate (PET) preforms, trays and film, and plastic jumbo bins and crates. Also recycles used or damaged crates and bins.
Semi-Annual values ($m)
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FCF ($m)
Net Debt / Cash and Equivalents ($m)
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2023-10-18South Africa`s central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a precise path for inflation.
2023-10-17
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2023-10-06
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2023-10-02
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2023-09-24
South African poultry producer Quantum Foods on Friday said nearly 2 million chickens worth 106 million rand ($5.63 million) have been killed by a bird flu outbreak, increasing fears of a table egg and meat shortage.
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2023-09-14Anglo American Plc`s De Beers is confident ongoing talks with South Africa`s National Union of Mineworkers (NUM) will avert a wage strike at Venetia, the country`s largest diamond mine, the company said on Friday.
2023-09-08
South African food producer RCL on Monday posted a 45.7% drop in annual profit, hit by a levy raised by the country`s sugar regulator, rolling power cuts and unrecoverable feed costs in its chicken farming arm.
2023-09-04Megan Rapinoe will play her final game for the United States women`s team on Sept. 24 in a friendly against South Africa in Chicago, the U.S. Soccer Federation (USSF) said on Tuesday.
2023-08-30
South African retailer Woolworths on Wednesday reported a nearly 15% rise in annual profit as promotional sales, online growth and lower debt offset the impact of power cuts in the country and a cost-of-living crisis in its operating regions.
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2023-08-18
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2023-08-17
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2023-08-10South Africa`s mining output has fallen further below pre-pandemic levels due to persistent electricity outages and rail disruptions, industry data shows, threatening dividend payouts to investors.
2023-08-07South Africa will overshoot its budget deficit target this year due to higher spending on public wages and an expected dip in tax receipts amid sluggish economic growth and lower commodity prices, economists told Reuters.
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2023-07-27South Africa`s central bank on Thursday kept its main lending rate unchanged for the first time since late 2021, following 10 consecutive rate hikes.
2023-07-20Swiss food company Nestle said on Tuesday it would be locally sourcing over 40% of raw materials for a new processing plant in South Africa to offset supply chain challenges and cut costs.
2023-07-18Nearly half of the projects awarded under the re-launch of South Africa`s renewable power purchase programme have failed, two government sources told Reuters, undermining plans to use wind and solar to ease the nation`s power crisis.
2023-07-18
Anglo American Platinum (Amplats) expects half-year profit to slump as much as 75%, hit by weaker metal prices and the impact on production from power shortages in South Africa, the company said on Monday.
2023-07-17South Africa goalkeeper Andile Dlamini says the team`s development and unity in recent years will give them a better Women`s World Cup than last time for the African Champions.
2023-07-15South African food producers, among the biggest on the continent, are spending hundreds of millions of rand mitigating prolonged rolling power blackouts, water supply issues and crumbling infrastructure.
2023-07-05
(Reuters) -South African-based crop nutrient manufacturer Omnia Holdings on Monday proposed a share buyback after strong cash generation in the year ended March 2023, driven by high fertilizer and mine explosive prices.
2023-06-19South Africa`s finance ministry has appointed a consultant to come up with a plan by August to allow utility Eskom to accept billions in loans designed to help it cut its carbon emissions when the government has blocked it from taking on new debt.
2023-06-15
South African shopping mall developer Vukile on Monday reported an increase in customer visits at its centres as consumers proved more resilient than expected, but it warned the impact of higher interest rates was starting to show.
2023-06-12
South Africa`s Premier Group on Tuesday posted a jump in annual profits, saying it managed to pass on the costs of the country`s worst rolling blackouts, but a possible increase in power outages could leave it struggling to meet customer demand.
2023-06-06
South Africa`s biggest food producer Tiger Brands said on Tuesday its annual income might drop as it expected a significant rise in costs because of increased power cuts in the coming winter months, sending shares down 15% in early trade.
2023-05-30South Africa`s central bank will likely extend its tightening cycle and push rates cuts further into the future amid countrywide power outages and currency weakness, analysts said, adding to inflationary pressures straining businesses and households.
2023-05-24South Africa`s unemployment rate rose in the first quarter after declining for four consecutive quarters last year, data showed on Tuesday, as the country reeled from record power cuts.
2023-05-16JOHANNESBURG (Reuters) -South Africa`s biggest mobile carrier Vodacom Group expects the country`s power crisis to continue to pose a key challenge for the company in the current year, even as it invests to mitigate the impact.
2023-05-15
South Africa`s biggest mobile carrier Vodacom Group expects the country`s power crisis to continue to pose a key challenge for the company in the current year, even as it invests to mitigate the impact.
2023-05-15When she was a girl in South Africa`s Northern Cape, Katrina Esau stopped speaking her mother tongue, N|uu, after being mocked by other people and told it was an "ugly language".
2023-05-11
Sibanye Stillwater on Tuesday said its platinum group metal (PGM) output declined nearly 10% during the first quarter, impacted by power cuts in South Africa and operational disruptions in the United States.
2023-05-09The U.S. Treasury Department said Monday it now expects to be able to pay all U.S. government obligations only through June 1 without a federal debt limit increase, adding urgency to a bitter fiscal fight between congressional Republicans and Democrats and the White House.
2023-05-01Conservation groups sued the Federal Aviation Administration on Monday, challenging its approval of expanded rocket launch operations by Elon Musk`s SpaceX next to a national wildlife refuge in South Texas without requiring greater environmental study.
2023-05-01AMMAN (Reuters) -Syria has agreed to help end drug trafficking across its borders with Jordan and Iraq, according to a statement issued after a landmark meeting on Monday of Arab diplomats developing a roadmap to end Syria`s 12-year conflict.
2023-05-01A group of Arab foreign ministers held a landmark meeting with their Syrian counterpart in Jordan on Monday to discuss how to normalise ties with Syria as part of a political settlement of the country`s more than decade-old conflict, officials said.
2023-05-01Negotiators for Hollywood writers and film and television studios engaged in 11th-hour contract talks on Monday to try and avert a strike that would disrupt TV production across an industry grappling with seismic changes. The Writers Guild of America could call a work stoppage as early as Tuesday if it cannot reach a deal with companies such as Walt Disney Co and Netflix Inc. A strike would be the first by the WGA in 15 years. Writers say they have suffered fina
2023-05-01Offshore drilling leases covering 1.7 million acres of federal waters in the Gulf of Mexico will remain in place after a federal appeals court said last year`s $430 billion Inflation Reduction Act, the biggest climate change package in U.S. history, mandated they be issued to the highest bidders.
2023-04-29Asian stocks rose on Friday as strong corporate earnings lifted sentiment despite lingering worries over economic weakness, while the yen dipped after the Bank of Japan kept rates ultra-low even as it announced a broad review of monetary policy.
2023-04-28The U.S. Senate showed no sign of moving to avoid a looming debt-ceiling crisis on Thursday, as Republicans rejected calls to raise the $31.4 trillion limit without conditions and Democrats dismissed the idea of talks.
2023-04-28U.S. carriers expect strong profit in the current quarter as travel spending remains strong, but delays in aircraft deliveries and staffing shortages are hampering their efforts to fully capitalize on consumer demand.
2023-04-27Argentina`s three most recent presidents have bowed out of the October general election campaign, throwing the race wide open and the outcome in the balance, with the only sure candidate a far-right libertarian who wants to dismantle the central bank.
2023-04-27Tighter U.S. rules to ban imports from China`s Xinjiang are compounding pressure on Vietnam`s apparel and footwear makers, hitting a sector that has already shed nearly 90,000 jobs since October in the global manufacturing hub as demand slowed.
2023-04-27The U.S. economy likely continued to grow at a solid clip in the first quarter, driven by strong consumer spending at the beginning of the year, but momentum appears to have since waned considerably as the effects of higher interest rates spread.
2023-04-27The Nasdaq rose and the dollar weakened on Wednesday as investors weighed solid company earnings against weaker-than-expected economic data and ongoing wrangling in Washington over raising the debt ceiling.
2023-04-26Nasdaq futures rallied more than 1% on Wednesday after upbeat results from Microsoft and Alphabet dwarfed worries about the impact of rising interest rates on the U.S. economy.
2023-04-26U.S. consumer confidence dropped to a nine-month low in April as worries about the future mounted, further heightening the risk that the economy could fall into recession this year.
2023-04-25U.S. stock index futures slipped on Tuesday as shares of First Republic Bank dived after the regional lender reported a plunge in deposits, while investors parsed through earnings reports for clues on the health of corporate America and the U.S. economy.
2023-04-25Leading South Korean and U.S. companies announced billions of dollars in investments, joint ventures and other plans on Tuesday, as President Yoon Suk Yeol kicked off a state visit to Washington.
2023-04-25
The United States is sending more of its cyber forces abroad to help foreign governments fight hackers, a top U.S. military official said at the RSA cybersecurity conference in San Francisco.
2023-04-25Republican federal and state lawmakers, governors, and attorneys general are pushing back on growing efforts by investors and executives to include environmental, social and governance (ESG) factors in their business decision making.
2023-04-22Climate change campaigners gathered outside Britain`s parliament building ahead of Earth Day to urge action on global warming, while volunteers worldwide geared up to plant trees and clear trash to mark the 54th annual celebration of the environment.
2023-04-22WASHINGTON (Reuters) -U.S. President Joe Biden on Friday signed an executive order directing every single federal agency to work toward "environmental justice for all" and improve the lives of communities hit hardest by toxic pollution and climate change.
2023-04-21(Reuters) -Lyft Inc CEO David Risher said on Friday the ride-hailing company will "significantly" cut jobs in another round of layoffs to reduce costs, sending its shares up about 4%.
2023-04-21GENEVA (Reuters) -Global sea levels are rising at more than double the pace they did in the first decade of measurements in 1993-2002 and hit a new record high last year, the World Meteorological Organization said on Friday, warning that the trend would continue for millennia.
2023-04-21
