Sasol’s headline earnings per share rose by 51% to R21,92 for the six months to end December 2008, the petrochemicals group said on Monday.
Alleged cartel behaviour by the fertiliser industry could open the way for civil lawsuits against large industry players such as Sasol.
No image available
/ 20 February 2009
African Woman Footballer of the Year Nonku Alice Motlau shows that talent and modesty don’t always go hand in hand.
No image available
/ 26 January 2009
Fuel giant has applied to Competition Commission for leniency.
No image available
/ 22 January 2009
Finalist — Investing in the Future Corporate Award: Sasol.
No image available
/ 19 January 2009
SA’s competition authority said it would probe gas and petroleum companies, including Sasol, for their possible role in price-fixing.
Sasol plans to invest $10-billion by 2015 to develop coal liquefaction plants in Indonesia, it was reported on Friday.
No image available
/ 2 December 2008
The IDC said on Tuesday the pre-feasibility study for a R129-billion coal-to-liquid plant it was conducting with Sasol was due in March 2009.
No image available
/ 31 October 2008
Sasol started drilling for hydrocarbons in blocks 16 and 19 offshore Mozambique in partnership with Malaysia’s Petronas earlier this month.
Sasol on Friday accepted accountability for anti-competitive behaviour that led to an approximately R3-billion fine, but said it intends appealing.
Sasol was among nine companies fined a total of €676-million by the European Commission for forming a ”paraffin mafia” to fix prices.
It was one of Hixonia Nyasulu’s past BEE-related investments that got the Sasol board in hot water, hours after announcing her as its chosen leader.
No image available
/ 29 September 2008
Broad-based BEE has an educational value among the public because it generates an interest in the stock exchange and what companies do.
No image available
/ 22 September 2008
Sasol, the world’s largest producer of fuels from coal, on Monday said it had bought back 6% of its own shares.
No image available
/ 15 September 2008
Cabinet is backing a radical new tax policy to combat climate change, writes Kevin Davie.
No image available
/ 8 September 2008
Sasol, the world’s top maker of fuel from coal, on Monday posted a 50% jump in earnings to R38,09 per share on the back of higher oil prices.
We might think we’re big in mining, synthetic fuels, cellphones or banking, but our biggest listed company on the JSE soon will be in tobacco.
One big difference between the Vodacom retail offering and that of Sasol is that there is no option to buy shares outright for cash.
Sasol has donated R1-million to the Nelson Mandela Children’s Fund, the petroleum company said on Friday.
Team members turn to the project manager for help when they encounter a problem. But to whom can the project manager turn to when s/he needs support?
Despite the risks involved, many people
will benefit, writes Lynley Donnelly.
Trade union Solidarity has signed a 12% wage increase for its members with Sasol Mining, the union said on Thursday.
Oil prices are rocketing and billions are flowing into the fiscus, Lynley Donnelly reports
Sasol’s Inzalo Black Public Invitations have been extended to July 9, the chemical and fuels company said on Wednesday.
Some advice to a would-be Inzalo share scheme subscriber from a helpful nephew
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.
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.
The overhaul of waste disposal and storage processes at the Sasol One waste site has had significant environmental and some financial benefits.
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 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.
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.
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.