Kaya 959 Kaya Biz

SASOL Reports Net Income of R6.8 billion - Swings To Profit As Shares Surge 39%

Loading player...
Guest – Walt Bruns - Group Chief Financial Officer (CFO) at Sasol

South African petrochemical firm Sasol swung to an annual profit on the back of higher chemicals prices, tighter cost controls and lower asset writedowns.

The company, which produces fuel and chemicals from coal and gas, posted basic earnings per share of R10.60 for the year ended June 30, compared to a R69.94 loss per share last year.

Sasol also benefited from a R4.3 billion payout from Transnet, after it claimed in a legal suit the state-owned logistics firm had overcharged for oil transportation over several years.
25 Aug 2025 12PM English South Africa Business News · Investing

Other recent episodes

Africa’s Trade Links Strengthen; Future Geopolitical Risks Loom

Data from Standard Bank signalled significant growth in intra-African trade in the past year, showing positive moment towards the continent achieving a successful AfCFTA. However, that picture could be complicated by recent tensions in the Middle East. For more on this let’s listen in to, Philip Myburgh, Head: Trade for…
25 Mar 4PM 12 min

Ekasinomics: The business of luxury craftmanship

Lunga Ntuli, founder of LN Watches joins us on today’s feature of Ekasimoics to discuss his journey in building a proudly African luxury watch brand. His journey captures the realities local entrepreneurs face: navigating limited resources, building a market from scratch, and turning culture into commercial value.
25 Mar 4PM 16 min

Inside Your Business: Managing Middle East Risk

On today’s Inside Your Business feature with SACCI CEO Alan Mukoki — we unpack how small and medium‑sized business owners should manage and navigate the risks South Africa faces from the Middle East tensions.
25 Mar 4PM 16 min

South Africa’s central bank expected to hold interest rates

Tomorrow the South African Reserve Bank delivers its interest rate decision in what may be one of the most complicated policy weeks in recent memory. For his expectations of what may unfold, we speak to Albert Botha, Head of Fixed Income at Ashburton Investments
25 Mar 4PM 13 min

Remgro reports strong interim earnings

Despite a complex market environment, Remgro posted resilient interim results, lifting headline earnings nearly 40%. We’re joined by the CIO, Carel Vosloo, to discuss how Remgro is navigating global uncertainty while sharpening its investment portfolio.
25 Mar 4PM 12 min
All episodes