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    Josia Shigwedha

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    Josia Shigwedha

sasol

5 Results / Page 1 of 1

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Business / Economics

Morning Market Roundup: 24 February 2025

  Local Market Performance Namibia’s stock market saw significant trading activity, with over 1.5 million shares exchanged across 15 deals, amounting to a total value of N$12 million. The financial sector led market transactions, contributing N$9.4 million, followed by consumer staples and discretionary stocks. Year-to-date, the market has recorded 9.17 million shares traded, reaching a combined value of N$537.9 million. Sasol’s Secunda Plant Faces Uncertain Future A new study in […]

today24 February, 2025

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Business / Economics

23rd September Morning Biz News: Otjikoto Biomass Boosts Oshikoto Economy, Sasol & Eskom Explore LNG, and Global Markets Steady

  Otjikoto Biomass Power Station to Inject Millions into Oshikoto Region Namibia Power Corporation's 40MW Otjikoto Biomass Power Station is set to provide a major economic boost to the Oshikoto region. The project is expected to inject between N$200 million and N$245 million annually, as local farmers and contractors supply wood chips to fuel the plant, reports The Brief. This investment not only strengthens the region’s economy but also supports […]

today23 September, 2024

Africa

Wind energy to help clean South Africa’s dirty carbon “hotspot”.

    By Bonface Orucho, bird story agency   Private wind energy projects for commercial and industrial purposes are ramping up the uptake of wind energy in South Africa while complementing clean energy's solar dominance to provide power for industries. Construction recently commenced on three wind sites to power Sasol’s Secunda industrial complex in Mpumalanga. The project is led by a consortium that includes Italian renewable energy developer Enel Green […]

today2 April, 2024

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South Africa

SA’s Cabinet Applauds Sasol and Transnet’s Rail Partnership for Enhanced Transport Reliability

sasol South Africa's Cabinet has expressed approval for the public-private partnership between Sasol and Transnet, aimed at improving the reliability of rail transport. Under the agreement, Transnet Freight Rail will utilize its fleet of 128 ammonia tankers to transport ammonia from Sasol's facilities to customers. In exchange, Sasol will fund the maintenance and repair program for the fleet over five years. Minister in the Presidency Khumbudzo Ntshavheni highlighted the significance […]

today1 March, 2024