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Industrial

PPC rejigs debt amid takeover talks

Nov 23 2017 13:06

PPC has renegotiated the bulk of its debt obligations in South Africa and the Democratic Republic of Congo as new operations in the region start to generate additional cash.

Industrial

US project will free up capital for shareholders, says Sasol

Nov 23 2017 10:07

When Sasol’s Lake Charles Chemical Project in the US comes online in 2018, it is expected to boost the profit contribution of the chemicals business unit by more than 50%, and free up capital for shareholder returns, says Sasol.

Industrial

Sasol takes hard decisions for new strategy

Nov 23 2017 08:17

Sasol has taken hard decisions in its preparation to implement a new strategy for 2018 and beyond. It includes a review of its assets and more disciplined capital allocation for certain projects.

Industrial

Govt to look at Brics funding for local refinery - Mahlobo

Nov 22 2017 19:44

Government is considering calling on its Brics partners to help fund a refinery in South Africa, Energy Minister David Mahlobo has told Parliament.

Industrial

SAA must find its commercial legs and root out crooks, says new CEO

Nov 21 2017 16:52

SAA must finds its commercial legs and a process will unfold to root out corrupt employees, chief executive Vuyani Jarana has told Parliament.

Industrial

Tesla's all-electric semi truck aims to disrupt transport

Nov 19 2017 12:26

After shaking up the auto world with its electric cars, Tesla is tackling a new frontier in "green" transportation with the unveiling of a futuristic all-electric semi truck.

Industrial

Sasol Khanyisa under fire

Nov 19 2017 06:07

The Broad-Based Black Economic Empowerment (B-BBEE) Commission has raised issues related to Sasol’s new Khanyisa empowerment scheme, Sasol company secretary Vuyo Kahla said on Friday.

Industrial

Zuma vows govt will continue supporting embattled SAA

Nov 18 2017 17:58

President Jacob Zuma said the government will continue supporting South African Airways on its path towards renewal.

Industrial

Sasol shareholders approve new R21bn B-BBEE scheme

Nov 17 2017 18:05

Sasol shareholders have approved its new R21bn Broad-Based Black Economic Empowerment scheme, known as Sasol Khanyisa.

Inside Fin24.com

 
Industrial

Forget about equity partner for SAA - analyst

Nov 17 2017 15:32

Forget about finding an equity partner for South African Airways for the time being, strategy consultant Thabang Motsohi has told Parliament.

Industrial

More oversight of SAA spending needed, Parliament hears

Nov 16 2017 08:24

The funding of South African Airways has not been undertaken in a deficit-neutral manner, resulting in a projected R3.9bn breach of the expenditure ceiling, Parliament has heard.

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