If we are serious about growing the economy and creating jobs, we need to support these young people – even though they don't seem to expect any help or handouts, writes Melanie Verwoerd.
Showers late. Morning clouds. Mild.
The mining business had turnover of R20bn in the 2018 financial year.
Sasol, South Africa’s biggest company by revenue, said it held meetings with shareholders as dissatisfaction grew over cost overruns at the $13bn Lake Charles chemical project in the US.
It's time the board takes responsibility for mistakes, investment managers say.
So far, 2019 has been disastrous for investors in most of South Africa’s largest listed companies.
The new figure is almost $1bn more than the company expected three months ago
A clash between a senior ANC councillor and her fellow councillor during a meeting of the Lekwa municipality in Standerton, could lead to a multimillion-rand water and electricity project going down the drain.
The energy and chemicals company says Mandla Gantsho will retire from the board at the conclusion of the company’s annual general meeting in November.
An official at Sasol Secunda has accused the petrochemical giant of intentionally polluting the Vaal River.
Sasol said capital costs at its chemicals project in Louisiana have increased once again and start-up of the units will be as many as five months later than expected.
Sasol says it is "shocked and appalled at the traumatic situation" that occurred at its Sasol Ormonde View franchise in the early hours of Monday morning.
The petrochemical group says it now hopes to release its earnings report by end October.
The area around coal-fired plants owned by South Africa's state power utility Eskom ranks as the world's second-largest hotspot of sulphur dioxide emissions, according to Greenpeace.
Sasol has plunged the most in more than two decades after the company delayed its financial results for a month to coincide with a report on what went wrong during construction of its near-$13bn Lake Charles chemical project in Louisiana.
It has been a tough week on the JSE, with Sasol losing 13% in a single session.
South Africa’s government is facing a legal challenge over its decision last year to double the amount of sulfur dioxide that coal-fired power plants and refineries can emit.
Sasol has opened a new coal mine, in a R5.6bn investment geared to supply its Secunda Synfuels Operations.
A whistleblower's claims that Sasol is to blame for the intentional pollution of the Vaal River have been vehemently denied by the petrochemical giant at a South African Human Rights Commission inquiry.
The lack of progress with the US-China trade talks further heightened investors’ concerns on Friday which led to most global stock indices trading weaker.
Megaprojects - including major new coal and nuclear power stations - can give the economy a much-needed boost, says Rob Jeffrey.
Sasol says it expects to report strong first-half earnings, boosted by higher oil prices and a weaker rand.
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