Briefly on MSN
Local production costs force Mpact to lay off 400 employees: Closure set for March 2026
Mpact faces layoffs as 400 jobs are threatened due to uncompetitive local production costs, with closure set for March 2026 amid rising imports and shrinking demand.
South African paper and plastics manufacturer MPact says it will move ahead with retrenchments as it considers shutting down its paper mill operations in Springs.
Packaging manufacturer Mpact has become the latest casualty of South Africa’s struggling manufacturing sector.
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