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South Africa: Sasol Saga Is a Lesson for Corporate South Africa
Daily Maverick, 30 October 2019
In truth, SA is but a novice when it comes to the allure of the international financial world. Read more »
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South Africa: Sasol Shares Surge After Joint CEOs Are Fired
Daily Maverick, 29 October 2019
Sasol co-chief executives Bongani Nqwababa and Stephen Cornell were sacked after a forensic investigation into the delays and cost overruns at its $13-billion Lake Charles… Read more »
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South Africa: Future Fuels and the Coming Ethanol Revolution - Is Sasol Facing Technological Redundancy?
Daily Maverick, 16 October 2019
As global pressure mounts against fossil fuels, the production of sustainable ethanol is the next frontier - and South Africa is perfectly placed to play a leading role. Read more »
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South Africa: Down On the Bayou, Sasol's Mega-Project Sings the Blues
Daily Maverick, 21 August 2019
Petrochemicals giant Sasol has got itself stuck in mud in the land of po boys, gators and the blues. South African companies often try to reduce exposure to domestic economic and… Read more »
Failure of U.S. Venture Gets Two Sasol CEOs Fired
South Africa's Sasol, an integrated energy and chemical company ethanol firm, has fired its co-chief executives Bongani Nqwababa and Stephen Cornell. This follows a forensic investigation into the delays and cost overruns at its U.S.$13-billion Lake Charles Chemicals Project in Louisiana in the U.S., which showed that the project management team reporting to the duo, had "acted inappropriately, demonstrated incompetence and were not transparent".
