Sasols Share News Updates

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Sasol share price slumps as it warns of lower than expected production

SASOLS share price fell sharply by 10.85% yesterday after it said there had been operational headwinds in the Mining and Secunda Operations (SO) in the nine months to March 31, and full-year production was expected to be lower than expected.
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24 Apr 2024

Workers call for tighter legislation in employee share incentive plans

Workers representatives have called for greater legislation governing the employee share benefits schemes in South Africa mining companies to be regulated by the Mineral and Petroleum Resources Development Act (MPRDA) for the greater benefit of wo
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24 Apr 2024

Transnet ordered to release confidential information to Sasol amid tariff disputes

The High Court in Pretoria has ordered Transnet to share confidential information with Sasol, which will assist the synthetic fuel company in its bid to defend a R815 million claim against it. A raft of documents must be made available t
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18 Apr 2024

Court orders Transnet to divulge tariff documents

Transnet has indicated that it will comply with a Pretoria High Court order forcing it to disclose sensitive business information to Sasol after the oil giant fought back against the state-owned entitys legal claim against it and TotalEnergies for
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18 Apr 2024

OPINION | Closed-door meetings, poor record keeping hamper corporate climate lobbying

Last year, Just Share and amaBhungane filed a series of access to information requests to try to establish the extent of corporate climate lobbying in South Africa. The responses demonstrate that closed-door engagement between government officials an
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18 Apr 2024

KZN South Coast battered by heavy rains, gale winds

Teams from the KwaZulu-Natal Department of Cooperative Governance and Traditional Affairs (Cogta) have been deployed to the South Coast following torrential downpours and gale-force winds that battered parts of the coast on Sunday night. E
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15 Apr 2024

5-door configuration gives Suzuki Jimny much-needed practicality

Quirky. Robust. Cute. Rugged. Boxy. Tenacious. You can call the Suzuki Jimny whatever you want, its unique allure has earned worldwide popularity few other car badges can rival. But while the little off-road focussed SUV thats name is sh
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31 Mar 2024

Discovery grows as its bank reaches monthly break-even

Discovery Groups normalised headline earnings increased 11% to R3.32 billion and new business annual premium income (API) was up 28% to R14.2bn, while the bank reached monthly break-even ahead of schedule.In an environment of macroeconomic
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22 Mar 2024

Vitol and Engen merger will affect local petroleum refineries, Tribunal hears

The merged entity between Vitol Emerald Bidco and South Africas biggest filling station operator, Engen, will affect production and supply of refined petroleum products from local refineries, the Competition Commission said at a hearing of the Com
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12 Mar 2024

Anchor Capital: JSE delivers yet another negative monthly performance in February

The South African (SA) stock market found itself in ignominious company in February, alongside the Spanish bourse and the UK mid-cap index, as the only major stock market indices to deliver a negative performance for the month (FTSE/JSE Capped SWI
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07 Mar 2024