# President Cyril Ramaphosa has commended Sasol’s contribution to South Africa’s economy, highlighting its role in supporting industrialisation, energy security, manufacturing, infrastructure development and job creation. He visited Sasol’s Secunda Operations in Mpumalanga yesterday, where approximately 35-million-tonnes of locally mined coal are beneficiated each year. This is to produce a wide range of fuel and […]
# Investec economist Lara Hodes says South Africa’s mining sector remains a major contributor to economic growth, supported by the country’s rich mineral resources. According to Hodes, strong global demand for platinum group metals, gold, coal, iron ore, manganese and chrome continues to support exports. She added that fixing electricity and logistics problems could boost […]
# Die Investec-ekonoom Lara Hodes sê Suid-Afrika se mynbousektor maak steeds ‘n belangrike bydrae tot ekonomiese groei, ondersteun deur die land se ryk minerale hulpbronne. Volgens Hodes ondersteun die sterk wêreldwye vraag na platinumgroepmetale, goud, steenkool, ystererts, mangaan en chroom steeds uitvoere. Sy sê die oplossing van elektrisiteits- en logistieke probleme kan produksie en uitvoere […]
# ‘n Voormalige Eskom-kontrakteur Michael Lomas is deur die Hooggeregshof in Johannesburg ‘n vonnis van 15 jaar tronkstraf opgelê wat vir vyf jaar ten volle opgeskort is. Hy het skuldig gepleit op aanklagte van bedrog, diefstal en korrupsie wat verband hou met die Kusile-kragstasie-korrupsiesaak van 1,4-miljard-rand. Die 79-jarige het erken hy het omkoopgeld gebruik om […]
# Former Eskom contractor Michael Lomas has been handed a 15-year prison sentence, wholly suspended for five years, by the High Court in Johannesburg, after pleading guilty to fraud, theft and corruption linked to the 1.4-billion-rand Kusile Power Station corruption case. The 79-year-old admitted facilitating bribe payments to secure a tender, including cash and rental […]
# Sasol sê hoër internasionale brandstofpryse en verhoogde plaaslike produksie het sy rol in energiesekerheid versterk. Uitvoerende hoof Simon Baloyi sê die onderneming het produksie verhoog by sy steenkool-na-vloeistofaanlegte en raffinaderye, wat help om voorsieningsonderbrekings weens spanning in die Midde-Ooste te verlig. Die handelsverklaring voor die bekendmaking van sy jaarstate dui aan hy verwag ‘n […]
# Die Suid-Afrikaanse rand was bestendig teenoor die Amerikaanse dollar tydens vroeë verhandeling terwyl beleggers die ontwikkelings in die Midde-Ooste fyn dophou. ‘n Swakker dollar en laer oliepryse ondersteun die plaaslike geldeenheid, terwyl hoop op vordering met ‘n vredesooreenkoms tussen Amerika en Iran vertroue in die mark versterk. Handelaars wag ook op belangrike Amerikaanse data […]
# Sasol says higher global fuel prices and increased local production have strengthened its role in South Africa’s energy security. CEO Simon Baloyi says the company has boosted coal-to-liquids and refinery output, helping offset supply disruptions linked to tensions in the Middle East. In a trading statement ahead of its annual financial results, Sasol says […]
# The South African rand held steady against the US dollar in early trade as investors kept a close watch on developments in the Middle East. A weaker dollar and lower oil prices supported the local currency, while hopes of progress towards a US-Iranian peace agreement lifted market sentiment. Traders are also awaiting key US […]
