The petrochemical group says 'unprecedented low oil prices' and impairments of R111.6 billion resulted in a loss of R91.3 billion.The group expects global oil prices to remain low for up to 18 months. The company's total debt has increased to R189.7 billion.Sasol has ended a turbulent year with a loss of R91.3 billion.The petrochemical group's year…
Sasol has sent a letter to employees warning of upcoming jobs cuts.The petrochemicals company says it is under severe financial pressure and won't survive the crisis unless stringent actions are taken.The group's bottom line has been hammered by a plunge in global oil prices. Sasol will begin dismissing employees from mid-August as part of a cost…
Sasol se logo buite die maatskappy se kantore in Johannesburg. Foto: Nadine Hutton, Bloomberg Sasol [JSE: SOL] has received offers from firms including Ineos Group for a large stake in a US chemical complex it is selling to shore up its finances, according to people familiar with the matter.Chevron Phillips Chemical and LyondellBasell Industries are…
Can't see the audio player? Listen on: The Host The Trump administration this week missed a deadline to nominate a new director for the Centers for Disease Control and Prevention. Without a nominee, current acting Director Jay Bhattacharya — who is also the director of the National Institutes of Health — has to give up
The whole concept of low-impact cardio exercises may sound like an oxymoron. After all, can you really jack up your heart rate without running or jumping? The answer is yes, absolutely! And we have a bunch of different bodyweight exercises (20, to be exact!) as proof. Low-impact cardio exercises can be a smart choice for
7 min read BASEBALL SEASON IS finally here, just in time for Anthony Eyanson to make his professional debut with the Red Sox. The 21-year-old already has a sizable reputation: After finishing third in Division I for strikeouts, he helped Louisiana State University clinch the national championship. He was also named First Team All-American in