April 21, 2010
Schneider cements empowerment deal with CIH
ENERGY group Schneider Electric SA has sold a 20,1% interest to empowerment company Community Investment Holdings (CIH) for about R300m, the companies announced yesterday.
Posted by StaffWriter at 11:56 AM
December 9, 2008
Local BEE subsidiary needed for KBR's Coega refinery
Cape Town - New York-listed energy group KBR will be required, as a condition of winning the R1 billion engineering contract at the planned $11 billion (R111 billion) oil refinery at the industrial development zone at Coega, to set up a local firm with a 25 percent black economic empowerment (BEE) stake.
Posted by StaffWriter at 8:11 AM
July 25, 2008
South Africans have been 'spoiled' by easy access to abundant electrical power
South Africans have been 'spoiled' by easy access to abundant electrical power, says new platinum smel-ter Braemore.On slide 33 of the JSE listing document, Braemore Resources acting CEO David Russell has a headline that reads, "South Africa: previously spoiled for access to electrical power".
Posted by StaffWriter at 9:14 AM
November 20, 2007
Sasol goes green
South African synthetic fuels group Sasol on Monday said an environmental roadmap for the next 15 years, with particular focus on managing greenhouse gases and water, has been put in place.Posted by StaffWriter at 1:36 PM
October 26, 2007
Seeing opportunity beyond immediate skills threat
Possibly more than any other South African company, Sasol, which has been built on the unique application of science and technology, is reliant on having the right skills at the right place and at the right time.Posted by StaffWriter at 11:38 AM
October 24, 2007
Wescoal turns the corner
Johannesburg - Coal merchant Wescoal is one of those unlucky companies that hit trouble soon after it listed, driving the share price down from a peak of 130c to only 60c. Shares were placed at 50c before the listing in July 2005.
Posted by StaffWriter at 12:07 PM
October 17, 2007
Sasol targets carbon, BEE
In our brand new weekly feature, Sasol chief executive Pat Davies answers readers' questions.Posted by StaffWriter at 12:13 PM
September 10, 2007
Sasol unveils R17,9bn BEE deal
SASOL, the world's top maker of oil from coal, unveiled the biggest affirmative action deal yet in SA as it posted a 10% rise in annual headline earnings per share...
Posted by Bernie at 5:33 PM
September 14, 2005
$4bn oil refinery mooted for Richards Bay
Plans are under way for a $4-billion oilrefinery to be built in Richards Bay...
Posted by Bernie at 7:37 AM
September 13, 2005
Fuel sector to boost BEE procurement
GOVERNMENT and the liquid fuels industry have launched the South African Supplier Development Agency to increase procurement from black companies and comply with the provisions of the liquid fuels charter..
Posted by Bernie at 1:00 PM
June 21, 2005
iGas wants BEE deal with pipeline stake
Gas parastatal iGas...
Posted by Bernie at 7:49 PM
April 29, 2005
New BEE fuel and energy management firm
The transformation of the South African petroleum industry gathers fresh impetus ...
Posted by Bernie at 7:42 PM
December 16, 2004
Sasol' slow transformation is the real risk
South Africa's war of liberation, both internal and external, is officially over. The country is now ruled by a democratically elected government. A progressive constitution is in place ...
Posted by Bernie at 3:31 PM
December 5, 2004
PIC activism ensures Sasol finally breaks with the past
Usually, when the shareholders vote for the appointment and re-appointment of directors to their board, it is an uneventful occasion...
Posted by Bernie at 3:38 PM
