The Competition Tribunal has prohibited the proposed sale of Sasol’s sodium cyanide business to Czech Republic-based manufacturer Draslovka, reaffirming the Competition Commission’s 2021 judgment to bar the transaction as anticompetitive.

The R163bn JSE-listed petrochemical major has a country monopoly on sodium cyanide, which is used as a solid or in solution to extract metal ores, and also in metal hardening agents and insecticides, making it essential to the country’s gold mining operations...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.