Shares in South African petrochemicals group Sasol surged nearly 30% on Friday as a recovery in oil prices sparked buying of the stock, which was pummelled in the previous session. Brent crude prices rose over 3% on Friday after falling more than 7% th…
Shares in South Africa’s Sasol jump nearly 30% as oil price recovery sparks buying Read More »
Energy and chemicals group Sasol reported a 72% slump in earnings to R4.5-billion in the six months to December 31, 2019, compared with the prior period. Headline earnings a share, meanwhile, decreased by 74% to R5.94 when compared with the prior perio…
Sasol holds back on dividend as it reports big H1 earnings slump Read More »
Sasol is planning to sell its South African coal-mining business, according to people familiar with the matter. The company will begin a formal sales process in the coming weeks, said the people, who asked not to be identified as the information isn’t …
Sasol is said to plan sale of its South African coal mining unit Read More »
Sasol chairperson Dr Mandla Gantsho has informed the board that he will retire with effect from the close of the company’s annual general meeting on November 22, the energy and chemicals company said on Thursday. Gantsho has served as a member of the …
Gantsho to retire as Sasol chair Read More »
Sasol appointed Sipho Nkosi to its board and said the former coal-industry executive will become chairperson in November when Dr Mandla Gantsho steps down. The change of leadership comes during a vital year for Sasol, as the South African fuel and chem…
Sasol names Sipho Nkosi as next chairperson Read More »
