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LATEST NEWS FOR Sasol Ltd.  

Sasol is a global integrated chemicals and energy company spanning 31 countries and employing more than 31 000 people.... [more info]

Sasol reveals renewable energy procurement plans

15 Apr 2021 /  Ryk van Niekerk   3
This will mitigate or reduce our Scope 2 carbon footprint in Secunda by at least around 2.4 million tonnes of CO2: CEO Fleetwood Grobler.

Sasol, Toyota team up to test fuel-cell heavy duty vehicles

14 Apr 2021 /  Felix Njini and Paul Burkhardt, Bloomberg    3
JV to see the installation of hydrogen refuelling infrastructure along the N3 highway connecting Johannesburg and the port of Durban.

Terror attacks bring Mozambique gas projects to a halt

7 Apr 2021 /  Ciaran Ryan   31
Dozens of South African oil, gas and construction companies affected in what is a massive setback for the entire region.

AA warns of over R1-a-litre petrol price hike in April

16 Mar 2021 /  Suren Naidoo   9
In the wake of spiking global oil prices, a weakening rand and fuel levy increases.

Transnet calls for end to Total’s South African oil-tariff break

4 Mar 2021 /  Paul Burkhardt, Bloomberg   3
SOE lodges formal complaint with Nersa to investigate the failure by Natref to abide by its tariffs.

Corporate governance wins and fails, and some surprising results

1 Mar 2021 /  Ann Crotty  
A look at Capitec; better-than-expected results from Anglo, Sasol, and the JSE; and trouble for Quantum Foods and MTN.

Bank dividends are back

23 Feb 2021 /  Simon Brown   1
RMB's Matete Thulare talks Sasol and its improved balance sheet. Peter Mountford, Super Group CEO, unpacks the company's results. Petri Redelinghuys of Herenya Capital talks Jubilee Metals and once-in-a-lifetime opportunities.

Sasol stands by decision not to pursue rights issue

22 Feb 2021 /  Nompu Siziba  
Debt has been reduced from $190bn to $126bn, with further reductions expected in the coming months, says Sasol president and CEO Fleetwood Grobler.

Sasol ruk ‘n haas uit ‘n hoed

22 Feb 2021 /  Moneyweb  
Paul Victor – finansiële hoof, Sasol

Sasol slashes debt by R63.4bn, avoids dilutive rights issue

UPDATE
22 Feb 2021 /  Suren Naidoo   16
Improved interim financial results sees uptick in share price in early morning trade, however, the stock ended the day marginally lower.

SA to investigate Sasol operation for elevated sulphur levels

18 Feb 2021 /  Tanisha Heiberg, Reuters   3
Sulphur smell has been experienced in parts of Gauteng and Mpumalanga since the weekend.

Upheaval is coming to SA over the shift away from coal

16 Feb 2021 /  Antony Sguazzin, Paul Burkhardt and Akshat Rathi, Bloomberg    15
Eskom plans to shut about a quarter of its coal-fired capacity by 2030.

British American Tobacco is offering value

11 Feb 2021 /  Simon Brown   
FNB's Chantal Marx talks the state of retailers and BAT ... it's cheap, are you buying? Charlie Dutton of Ninety One on investing into China and Viv Govender from Rand Swiss chats oil; what’s driving the price higher and will it hurt the global recovery?

Market Watcher

10 Feb 2021 /  Nompu Siziba  
Sasfin Securities deputy manager David Shapiro on US markets opening at new highs, Sasol's share price rise, the appetite for commodities, and possible recovery in the second half of 2021.

Markets, oil and bubbles

8 Feb 2021 /  Simon Brown   
Nick Kunze of Sanlam Private Wealth on oil as it edges towards $60 a barrel, Nishlen Govender from Citadel talks markets and bubbles .... Allan Gray's Tim Acker on why he’s still buying shares and not hoarding cash.

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