Sasol said full-year profit probably fell as the world’s biggest producer of fuel from coal takes a R16 billion depreciation charge and accounts for expenses on share-based payments.
This year’s Christmas Break is perfectly timed. The world’s economic trajectory has experienced a game-changing oil price jolt that needs time to sink in.
I was an early cheerleaders of the fracking potential of the Karoo’s plentiful shale. But the more evidence that emerges, the less enthusiastic one becomes.
China’s proposed cap on coal consumption and ban on low-quality imports is support of a law to tighten air pollution control by cutting the use of coal,
Is WW3 about to begin? Ukrainian president Petro Poroshenko accused Russia of “direct and undisguised aggression” which has changed the balance of the battlefield being the Ukraine. German Chancellor Angela Merkel stressed that Russia’s behaviour was not an option. On the other hand Russian president Vladimir Putin has stated that there is no evidence of … Read more
Bev Mortimer, an old friend  from our Rand Daily Mail days and now editor of the St Francis Chronicle put me onto the subject. She wrote: “Loads of people have been asking me why there are continuous petrol hikes. It has gone up almost every month this year and even though we sometimes see a drop … Read more