Plaudits for Sasol over investment hike in staff

One of Sasol’s longtime critics praises the integrated energy group for the significant turnaround in its investment in skills development

Consolidated Infrastructure share price loses another 37% on more bad earnings news

The decline in profit is going to be worse than the 55% drop flagged last week, as the risks facing its power subsidiary are bigger than it previously assumed

Eskom ‘in trouble’ if liquidity woes persist

‘We are not insolvent but we are projecting that if we continue along this trajectory we might be in trouble’

How a bid to save Eskom millions was cast aside

Documents reveal further evidence Gupta-linked board member Mark Pamensky received special treatment

FSB starts investigation into Gupta’s Oakbay Resources

The Financial Services Board may look for assistance from as many as 100 international supervisory bodies that are part of a movement to combat cross-border ...

Saudi Aramco director held with top officials in corruption crackdown

The board member, Ibrahim Al-Assaf, a former finance minister, is among at least 17 princes, current and former government ministers and businessmen taken into ...

Sasol urged to cut new licence deal in Maputo

Global activist group accuses Sasol of 'abusive transfer pricing' because of the low price it pays for gas in Mozambique sold at a premium in SA

Africa is back in oil firms’ sights

PwC’s 2017 Africa oil & gas review reveals global companies are increasing mid-and downstream investment on the continent

Renergen to focus on its Tetra 4 project in SA rather than Ivory Coast

The natural gas developer is to stop funding its costly hydro-electric project in Ivory Coast to focus on the local project to produce LNG from early 2019

BP to resume share buy-backs as years of austerity pay off

The British oil giant is to buy back $1.6bn of shares per year as third-quarter profits double and shares surge more than 3%

Salga slams Eskom tariff hike

Plea to regulator not to allow utility’s inefficiencies, as reflected in application, to be passed on to consumers

Renewable energy deals hit by new delays

But Zuma’s recent Cabinet reshuffle is ‘no cause for concern’, says South African Wind Energy Association head

PetroSA faces contracts probe

The Central Energy Fund board approves an investigation into major deals, including the botched Project Ikhwezi

Brian Molefe: 'I was a permanent employee'

Former Eskom boss Brian Molefe’s R30.1m ‘golden handshake’ and membership of the Eskom pension fund is being scrutinised

Renergen plans to raise funds for its gas project

The gas producer aims to raise R125m through a private placement to help fund construction of South Africa’s first onshore liquefied natural gas facility

Why Brian Molefe’s Eskom exit plan raises suspicion

Committee queries timing of former CEO’s resignation

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.