A couple of years ago Sasol announced it would enter the US market by building an ‘ethane cracker'. A massive petrochemicals plant called Lake Charles that would require it to invest nearly as much as its market cap was at the time.
The company said this was where its future lay, and the project would change the face of the company forever.
Right now however Sasol shares are at their low... ››› more
There is a 30 year-long infrastructure boom going on in Africa.
Billions of dollars are already pouring into dozens of expensive (and lucrative) infrastructure projects from all over the world.
You see, economic growth in Africa is really starting to take off.
And for it to do so, a lot of money needs to go into setting up the infrastructure to support business.
Currently, Africa ... ››› more
The results of the Competition Commission's investigation into the construction industry are shocking. Today, it emerged that so far 15 firms have agreed to fines amounting to R1.46 billion for participating in collusive behaviour with other companies. Let's see what the investigation unearthed…
Today, members of the Competition Commission confirmed that the body had “investigated 140 projec... ››› more
It's not just Eskom that's worried about keeping the lights on in South Africa. Global search engine, Google, has made it a top priority as well. Last Thursday, the group announced its first renewable energy investment in Africa. Here's how it'll affect you…
Google is ”making sure the lights (and your Android phone) stays on, by having invested a cool $12 million (R103 million) in the Jaspe... ››› more
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