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South Africa (129)


SOUTH AFRICA

Sasol sells candles business to Lion Match
Sasol said on Monday that it reached an agreement to divest its Price’s Candles business to Lion Match. Sasol has owned the Price’s Candles, one of South Africa’s best-known brands, since 2002. Price’s Candles makes candles at its...

Praj Industries to build ethanol plant for sugar company in Uganda
Praj Industries (Pune, India) says it has been awarded an engineering, procurement, and construction (EPC) contract by Kakira Sugars (Kakira, Uganda) to supply an ethanol production plant at Kakira. The plant will produce 60,000 liters/day of fuel ethanol, as...

Indian pharma firm wins South African ARV tender
Indian pharma major Cipla (Mumbai) said today that its Cipla Medpro subsidiary, the third-largest pharma company in South Africa, has been awarded a 2.00-billion rand ($172.7 million) share of South African government’s 2015–17 national...

Sasol appoints new executive director and CFO
Sasol announced today that it has appointed Bongani Nqwababa as executive director and CFO effective 1 March 2015. Nqwababa has been an independent nonexecutive director and a member of Sasol's audit committee since 5 December 2013. He has been the finance...

Sasol chemical profits up on strong olefins and surfactants, improved polymers
Operating profits for Sasol’s chemical cluster increased 178% during the fiscal year ending June 2014, the company says, to a total of rand 8.41 billion ($770 million). Transfers unrelated to sales accounted for half of the gain, but strong performance in the olefins & surfactants (O&S) and solvents businesses plus improvements in polymers contributed the remainder. Total chemical revenues increased 17% to rand 111.7 billion....

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