Sasol secures $1.8bn for Lake Charles project. JSE-listed petrochemicals company Sasol announced on Friday that its subsidiary Sasol Financing USA had entered into new US dollar-denominated senior unsecured credit facilities, comprising a $1.6-bill...

Looking back at invention of the Periodic Table as world marks 150th anniversary. It all started with alchemy. Of course, the ancient world had had some practical knowledge of chemistry and had seen some advances in the applied chemistry long before the emergence of alchemy. The dis...

SAA board says another shareholder injection needed to see through turnaround plan. The board at embattled national carrier South African Airways (SAA) confirmed on Friday that further direct government support would be needed to help it over overcome its current liquidity crisis, as ...

Eskom may be ‘too big to support’, S&P; warns. S&P; Global Ratings has warned that, while South Africa’s State-owned electricity utility Eskom is currently considered too big to fail, it may well also be “too big to support”, owing to the costs asso...

South African current account deficit widens in Q1. South Africa's current account deficit widened to 2.9% of gross domestic product (GDP) in the first quarter of 2019, from a 2.2% shortfall in the fourth quarter of the previous year, central bank data ...

Risk of SA economy hitting recession in 2019 high, says Moody's. The odds that the South African economy could experience a technical recession in 2019 are high, according to Moody's. The ratings agency released its latest Global Macro Outlook on Thursday. The qu...

TCTA comes up with power alternative amid ‘war zone’ at Mintails plant. The Trans-Caledon Tunnel Authority (TCTA) on Thursday announced that its acid mine drainage (AMD) water treatment plant in the Western basin, near Krugersdorp, could not be reopened as planned on June ...

Renergen trades at up to A$1.02 apiece on first day on ASX. On its first day of listing on the ASX on Thursday, AltX-listed Renergen had more than 290000 shares traded, at an official listing price of A$0.80 apiece. “On day one, we saw the price trade up to...

Commemorative coin series launched to celebrate South Africa’s 25 years of democracy. In partnership with the South African Reserve Bank (SARB), the South African Mint on Wednesday launched a series of six new commemorative circulation coins as part of its ‘SA25 – Celebrating South Afri...

The world’s most powerful Ferrari and the South African investment company. The most powerful Ferrari ever has the tiniest bit of a South African rainbow hidden under the hood. The new SF90 Stradale – Ferrari’s first series production plug-in hybrid electric vehicle – is po...