Sasol gets bump from higher oil prices after battling bad weather – Business Day
Chemicals and energy group Sasol says bumper oil prices helped offset a fall in chemical production in its year to end-June, with the group’s turnaround still on track as it deals with the fallout from delays and cost overruns at its US Lake Charles project. Written by Karl Gernetzky with commentary by Abdul Davids, head […]
Iron-ore price makes for positive outcomes – Mining Weekly
Although China accounts for more than 65% of iron-ore demand – making it home to some of the industry’s largest customers – the persistent slowing of the Chinese economy and drop in iron-ore prices in 2015 resulted in local miners having to restructure their businesses to adapt, consequently enabling them to capitalise on the price […]
As expected, the Naspers-Prosus share exchange goes ahead – Eminetra
As expected, the majority of Prosus shareholders voted in favor of a complex new attempt to raise the share price, along with the share price of its parent company, Naspers. Article by @ernestalonso. view article
Sasol CFO Paul Victor quits after six years at the helm – Business Day
Sasol CFO and long-serving employee Paul Victor has resigned from the company after a tumultuous year in which the group’s balance sheet was brought to the brink and then pulled back, ultimately averting a rights issue. Article by Lisa Steyn with commentary by Abdul Davids – head of research for Kagiso Asset Management. view article
