Coca-Cola SA bottling unit severs ties with McKinsey over Gupta probe

2018-01-11 13:32

The unit says it will not award business to McKinsey, until the outcome of probe into the consultancy’s work involving the politically connected Gupta family are finished.

Sasol could sell off nearly R14bn in assets

2017-11-26 06:00

Sasol could sell off as much as $1 billion (R13.85 billion) worth of noncore assets, including its Canadian shale gas assets, Sasol chief financial officer Paul Victor said this week.

US project will free up capital for shareholders, says Sasol

2017-11-23 10:07

When Sasol’s Lake Charles Chemical Project in the US comes online in 2018, it is expected to boost the profit contribution of the chemicals business unit by more than 50%, and free up capital for shareholder returns, says Sasol.

Sasol Khanyisa under fire

2017-11-19 06:07

The Broad-Based Black Economic Empowerment (B-BBEE) Commission has raised issues related to Sasol’s new Khanyisa empowerment scheme, Sasol company secretary Vuyo Kahla said on Friday.

All gas and no work

2017-10-29 06:00

Sasol has been milking cash from its gas project in Mozambique with little benefit to that country or the people living close by, writes Sizwe Sama Yende.

Sasol faces the heat

2017-09-24 06:00

The company’s Inzalo BEE scheme was a dud, and the replacement, Khanyisa, will put a 20% dent in its profits.

Sasol disbands debt-ridden BEE scheme, launches replacement

2017-09-20 07:54

Sasol has announced that it will disband its black economic empowerment scheme Sasol Inzalo, which has been struggling to repay third-party debt.

SHARE WATCH: Anglogold, Sasol among 5 notable JSE movers

2017-08-29 12:27

Share analyst Kirk Swart looks at shares that are making significant moves on the Johannesburg's Stock Exchange in this week's share watch.

Sasol says $11bn Louisiana project three-quarter complete

2017-08-23 13:51

Sasol, the world’s biggest producer of liquid fuel from coal, said its Lake Charles chemical project in the US is 74% complete and in line with the revised estimate.

Sasol says $11bn Louisiana project three-quarters complete

2017-08-21 09:55

Sasol says its Lake Charles chemical project in the US is 74% complete and in line with the revised estimate.


Sasol plans to add up to 200 fuel service stations in SA

2017-12-07 09:54

Sasol says it will look to expand its service-station business to better match its production of fuel in South Africa.

Sasol signs $3.9bn credit facility

2017-11-23 13:38

Energy and chemicals group Sasol has signed a $3.9bn credit facility to help with liquidity and refining the group's debt.

Sasol takes hard decisions for new strategy

2017-11-23 08:17

Sasol has taken hard decisions in its preparation to implement a new strategy for 2018 and beyond. It includes a review of its assets and more disciplined capital allocation for certain projects.

Sasol shareholders approve new R21bn B-BBEE scheme

2017-11-17 18:05

Sasol shareholders have approved its new R21bn Broad-Based Black Economic Empowerment scheme, known as Sasol Khanyisa.

Sasol ditches funding plan to settle old BEE scheme debt

2017-10-09 07:56

Sasol has ditched its preferred method to settle outstanding debt regarding the black economic empowerment scheme it is disbanding.

'Sorry, whats your name? 'Sasol!' - Great SA car ads

2017-09-23 10:05

'Corsa lite, the lite side of life', 'Buddy and son'... roll back the years with some of South Africa's most memorable car adverts. Which ad is your all-time favourite in SA?

Sasol's $11bn chemical project restarts after Harvey

2017-09-07 06:44

Sasol says workers are starting to return to its $11bn Lake Charles Chemicals Project in Louisiana after the site was shut for more than a week because of Hurricane Harvey.

Sasol’s Moz exploration disappoints as costs soar

2017-08-27 06:00

Sasol’s exploration programme in Mozambique has fallen short of the company’s oil discovery expectations and has proved vastly more expensive than the company had expected.

Sasol prepares for tax battle

2017-08-21 20:02

Sasol could potentially end up with a R12.8bn tax bill. But the petrochemicals group believes that it has an excellent chance of having the bill set aside.

Sasol blames recession and strong rand as profits drop

2017-08-21 08:35

Sasol's headline earnings per share dropped by 15%, despite reporting record sales volumes. A strong rand and challenging macroeconomic environment were the main culprits, Sasol has said.

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