Sasol surges 45% after announcement about selling stocks, assets

Sasol surges 45% after announcement about selling stocks, assets

Sasol, South Africa’s biggest company by revenue, said it may sell assets or stock to ease its financial woes after an oil-price collapse exacerbated a debt burden swelled by a troubled expansion in the US. This, along with a 5% gain in the Brent crude oil pr…
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Nigerians in South Africa
Nigerians in South Africa 12334 posts

We are about democracy, human rights, public opinion, political behavior, civil rights and policy aimed at improving the human condition, with a focus on African countries.

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Equites reports solid results, says Shoprite deal is still on

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