Sasol, Shenhua agree joint coal-to-oil project

South Africa's Sasol has agreed with China's Shenhua Group to jointly produce motor fuel from coal by 2016, it was reported on Friday.

We 'can’t be martyrs all the time'

That Bruce Lyle and his built-from-scratch fertiliser business, Nutri-Flo, has survived its nine-year fight against Sasol with the competition authorities so far is remarkable.

Making waste management count

The overhaul of waste disposal and storage processes at the Sasol One waste site has had significant environmental and some financial benefits.

JSE weaker as miners take pounding

South African stocks remained lower at noon on Friday as the mining sector continued to take a pounding on weaker commodity prices. At 12.02pm, the all-share index was down 1,03%. Resources fell 2,15%, while the gold and platinum mining indices lost 1,37% and 0,65% respectively.

Sasol announces BEE partners

Sasol on Wednesday announced the 50 black groups which will share in its R28-billion black economic empowerment (BEE) Inzalo transaction. They included energy and mining women's groups, Sasol business suppliers, customers, franchisees and trade union investment companies, groups conducting skills and community upliftment projects, and professional associations.

JSE stays weak, banks slump

South African stocks remained modestly weaker at noon on Thursday, with banks weighing heavily on a deteriorating inflation outlook after worse-than-expected producer price inflation data and the South African Reserve Bank governor's comments that the bank was considering a 200-basis-point interest-rate hike.

JSE sharply weaker on miners, banks

South African stocks were sharply lower at noon on Wednesday, weighed by miners on falling metal prices and banks after worse-than-expected inflation data. At noon, the all-share index tumbled 1,26%. Resources fell 2,14%, the gold and platinum mining indices gave up 2,42% and 2,78% respectively.

JSE hits new record on resources

The JSE hit a fresh record high on Thursday, buoyed by miners on firm commodity prices and a weaker rand, but overall the mood was dampened by global inflation worries due to the rising oil price. At noon, the JSE's all-share index was up 0,98% at 33 230,590 after earlier touching a fresh all-time high of 33 309,820.

JSE stays weaker, but off lows

South African stocks were slightly lower at midday on Wednesday, but off the worst levels as commodity stocks posted modest gains on higher prices. At 11.58am, the JSE's all-share index was down 0,13%. Resources were up 0,23%, the gold mining index was fairly flat at +0,03%, but the platinum mining index lost 0,47%.

JSE pauses after strong run

The JSE was taking a breather on Tuesday after its recent strong rally, which took the bourse to successive record highs, as some profit-taking set in. However, earlier the all-share index hit yet another fresh record high when it touched 33 263,148. At noon, the JSE's all-share index was down 0,88%.

JSE in record territory on miners

South African stocks continued to run in record territory at midday on Monday, buoyed by miners on firmer metal prices while an upbeat mood in overseas markets added to the bullish tone. The market touched 33 116,051 during the session, an all-time high.

Resources boost JSE to new high

South African stocks hit another fresh high on Friday morning, boosted by strong gains for resources. At 11.56am, the all-share index was up 0,82%, boosted by a 1,48% rise in resources and a 2,06% gain for the platinum-mining index. Banks were up 0,37% and financials were 0,61% better. Industrial were flat (-0,03%) and the gold-mining index eased 0,80%.

JSE mixed, but SAB climbs

South African stocks were a mixed bag with a weaker bias at noon on Thursday, but brewer SABMiller climbed on above-forecasts year end earnings. At noon, the all-share index was down 0,16%. Resources fell 0,67%, the gold mining index was off 1,62% but the platinum mining index added 0,15%.

JSE stays weak on miners, world markets

South African stocks remained weak at midday on Tuesday with miners the worst causalities on easing metal prices, while falling overseas markets added to selling pressures. At 12.09pm, the JSE's broader all-share index was down 0,86%, weighed by a 2,88% drop in platinum miners.

JSE little changed on lack of news

South African stocks pulled back from modest gains achieved in early deals to trade flat at noon on Monday, as traders struggled to find a clear-cut path. At midday, the JSE's broader all-share index was neither here nor there (+0,06%) at 32 154,700. Resources were up 0,20%, while the gold- and platinum-mining indices added 0,53% and 0,22% respectively.

JSE: Sasol gains as volatility rules roost

South African stocks were mixed in early afternoon trade on Wednesday due to volatility, but the feature of the morning session was a strong gain by synthetic fuel producer Sasol. At 12.25pm, the JSE's broader all-share index was up 0,09%, with the industrial index up 0,88%, but resources were down 0,38%.

JSE higher led by miners

South African stocks remained higher at noon on Tuesday, supported by miners on stronger metal prices, but shaky overseas markets and stronger rand limited the upside move, traders said. Local mobile phone firm MTN Group remained the most heavily traded stock by value after it confirmed that it was in share price-sensitive talks with an Indian firm.

JSE weak in quiet trade, miners weigh

South African stocks were weaker at noon on Wednesday with miners under pressure on retreating metal prices, but the session was quiet as most traders are still away on a long weekend break. At noon, the JSE's broader all-share index was down 0,46%, with the gold and platinum mining indices down 1,47% and 1,65% respectively.

JSE lower, Anglo, firm rand weigh

The JSE was weaker in quiet trade at midday, weighed down by a firmer rand, lower metal prices and what was described as a disappointing production report from Anglo American. South African markets were closed on Monday for a holiday and are also closed on Thursday and Friday this week, with many players away for the two days in between.

JSE mixed in quiet trade, but MTN jumps

South African stocks were mixed in a thin-volume session by noon on Friday, with MTN in focus on vague newspaper reports that an Indian firm might launch a takeover bid for the local mobile telecoms firm, traders said. By midday the JSE's broader all-share index was down 0,14%. Resources fell 1,27%.

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