|Bid||31.46 x 900|
|Ask||31.48 x 800|
|Day's Range||31.38 - 31.81|
|52 Week Range||29.63 - 39.73|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||30.08|
|Forward Dividend & Yield||0.97 (2.91%)|
|1y Target Est||43.00|
JOHANNESBURG , November 16, 2018 /PRNewswire/ -- Sasol shareholders are advised that the results of the Separate Class Meeting of SOLBE1 shareholders, held on Friday, 16 November 2018 at the Sandton Convention ...
JOHANNESBURG , November 16, 2018 /PRNewswire/ -- Sasol shareholders are advised that the results of the business conducted at the annual general meeting held on Friday, 16 November 2018 at the Sandton ...
As previously reported, the South African Revenue Service ("SARS") issued revised assessments for Sasol Oil (Pty) Ltd ("Sasol Oil") relating to a dispute around its international crude oil procurement activities for the 2005 to 2014 tax years. The litigation in the Tax Court, relating to the international crude oil procurement activities for the 2005 to 2007 years of assessment, was concluded and judgement was delivered in favour of SARS on 30 June 2017. Sasol Oil made a provision in its 2018 annual financial statements of R1.3 billion, including penalties and interest, which covers the 2005 to 2014 tax years relating to the tax assessment ground to which this litigation is related.
Hundreds of members of South Africa's mainly white Solidarity union marched to the offices of petrochemicals Sasol (SOLJ.J) in Johannesburg on Thursday to protest against a share scheme that was offered exclusively to black staff. Solidarity's chief executive Dirk Hermann said the union had filed an unfair racial discrimination case at the labour court in an attempt to get white workers included in the scheme. During the march, Solidarity leaders delivered a memorandum to both Sasol and the Johannesburg Stock Exchange complaining about being excluded from the share plan.
Notice is hereby given that a Separate Class Meeting of SOLBE1 Shareholders will be held at the Sandton Convention Centre, 161 Maude Street, Sandton, Johannesburg on Friday, 16 November 2018 at 09:00 to transact the business as stated in the Notice of Separate Class Meeting which was posted to shareholders on, and available on the company's website [https://www.sasol.com/investor-centre/annual-general-meeting] from, 18 October 2018. Notice is hereby given that the thirty-ninth Annual General Meeting of the shareholders of Sasol will be held at 09:15 or directly after the Separate Class Meeting of SOLBE1 Shareholders which has been convened for Friday, 16 November 2018 at 09:00, whichever is the later, at the Sandton Convention Centre, 161 Maude Street, Sandton, Johannesburg, South Africa to transact the business as stated in the Notice of Annual General Meeting which was posted to shareholders on, and available on the company's website [https://www.sasol.com/investor-centre/annual-general-meeting] from, 18 October 2018.
Sasol benefited from higher Brent crude oil and product prices during the quarter and a weaker average rand exchange rate against major currencies. Operationally, our mining operations are building momentum with increased productivity over the past quarter and have fully restored the stock piles to above target levels. At our Mozambican upstream operations, we delivered a robust production performance, in line with expectations.
JOHANNESBURG , September 21, 2018 /PRNewswire/ -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA , CANADA OR JAPAN OR ANY OTHER STATE OR JURISDICTION IN WHICH ...
Sasol herewith announces that its indirect wholly owned subsidiary, Sasol Financing USA LLC, has filed an automatic shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission ("SEC"). Under the shelf registration statement, which became effective upon filing, Sasol Financing USA LLC may offer and sell from time to time, in one or more public offerings, debt securities fully and unconditionally guaranteed by Sasol. Sasol further announces that it intends to offer debt securities in a public offering by filing a preliminary prospectus supplement and accompanying base prospectus with the SEC.
Moody's Investors Service has today assigned Baa3 instrument ratings to the new senior unsecured notes to be issued by Sasol Financing USA LLC, fully and unconditionally guaranteed by Sasol Limited (Sasol). Concurrently, Moody's affirmed Sasol's global scale long-term issuer ratings at Baa3 and the senior unsecured rating of Sasol Financing International Limited at Baa3.
Workers from South Africa's mainly-white Solidarity union staged a go-slow protest at the petrochemicals firm Sasol (SOLJ.J) on Monday over a share scheme offered exclusively to black staff, and said they would begin a full strike on Thursday. South African companies are required to meet quotas on black ownership, employment and procurement as part of a drive to reverse decades of exclusion under apartheid. Solidarity has been waging a challenge against racial quotas in the workplace, and lodged a complaint against the policy in 2016 with the U.N. Human Rights Commission.
Workers from South Africa's mainly white Solidarity union staged a go-slow protest at the petrochemicals firm Sasol on Monday over a share scheme offered exclusively to black staff, and said they would begin a full strike on Thursday. South African companies are required to meet quotas on black ownership, employment and procurement as part of a drive to reverse decades of exclusion under apartheid. Sasol, the world leader in technology that converts coal and gas to fuel, has sold 25 percent of its local operations to qualifying black employees, a foundation and the black public in a 21 billion rand ($1.42 billion) deal financed by the company.
South Africa’s Solidarity labor union plans to escalate a strike at energy and chemicals company Sasol Ltd. from Sept. 6 over the exclusion of white staff from an employee-shareholding plan, deputy General-Secretary Deon Reyneke said. Members of the union began protests including a so-called go-slow at the company on Monday, Reyneke said in a phone interview. The full strike later this week will take place at Sasol’s Secunda plant, with workers planning to present a memorandum at its Sasolburg facility, according of the union.
Sasol's integrated report has been published on the Sasol website. Sasol's annual financial statements for the year ended 30 June 2018, on which PricewaterhouseCoopers Inc. expressed an unmodified opinion, were published on Tuesday, 28 August 2018 and does not contain any changes to the information published on the Stock Exchange News Service of the JSE Limited on Monday, 20 August 2018. At the declaration date of cash dividend number 78, being Monday, 20 August 2018, there were 623 171 114 Sasol ordinary, 16 085 199 preferred ordinary and 6 331 347 Sasol BEE ordinary shares in issue. The number of shares in issue were incorrectly stated in the Company's results announcement for the year ended 30 June 2018, released by the Company on the Stock Exchange News Service of the JSE on Monday, 20 August 2018, as 623 081 550 Sasol ordinary and 6 394 179 Sasol BEE ordinary shares.
NEW YORK, NY / ACCESSWIRE / August 20, 2018 / Sasol Limited (NYSE: SSL ) will be discussing their earnings results in their H2 Earnings Call to be held on August 20, 2018 at 9:00 AM Eastern Time. To listen ...
Sasol today released its annual financial results for the year ended 30 June, 2018. Sasol delivered a resilient set of results, underpinned by satisfactory sales and production volumes, delivering a flat normalised real cash fixed cost base and benefitting from much higher crude oil and product margins in the second half of the financial year.
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / Sandstorm Gold Ltd. (NYSE: SSL ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 11:30 AM Eastern Time. ...
JOHANNESBURG , July 20, 2018 /PRNewswire/ -- Sasol is expected to deliver a resilient set of results, underpinned by higher sales and production volumes and much higher crude oil and product margins in ...
On July 2, Honeywell (HON) announced that Sasol South Africa Secunda Synfuels Operations will use the company’s connected plant to monitor the operating reliability of two of Honeywell’s already installed UOP CCR Platforming units at a refinery in Secunda, South Africa. HON’s UOP has shown significant growth, and new business wins like this indicate the growth trend could continue.
White employees of Sasol say the South African energy company is discriminating against them by offering a share scheme exclusively to black staff. Serena Chaudhry reports.