Sasol increases capex

South Africa’s Sasol has increased its capital expenditure forecast for the next two years due to the weakening domestic currency, despite the “lower-for-longer oil price environment and the challenging global market” that hit the company’s earnings.

Sasol: chief executive David Constable
Sasol: chief executive David Constable
Published 7 March 2016, 09:52Updated 18 October 2016, 05:04
Africa