Sunday 7 March 2021
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maverick - 13 days ago

BUSINESS MAVERICK: Sasol rights issue no longer on the table as interim earnings leap

A few months ago, Sasol was on the ropes as oil prices tanked and its business model crumbled. On Monday, it unveiled a jump in interim earnings and said it no longer had to pursue a rights issue. A sea change in oil markets, cost controls and asset disposals has helped Sasol turn its fortunes around in dramatic fashion.


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