David Shapiro on Sasol and Amplats bumper financials - analysis 

Loading player...
Sasfin Securities David Shapiro talks commodity counters on a day where two JSE resource heavyweights, Sasol and Amplats, released solid financials. The resource counters have been a major contributor to the performance of the JSE All Share Index, with supply-demand imbalances resulting in persistently higher commodity prices across the board. Sasol and Amplats announced strong results, largely expected by the market, with Amplats R300 total financial year dividend the highlight in the commentary. Strong Brent crude and chemical prices into the second quarter will continue to be a tailwind for Sasol, with management indicating the importance to reinstate dividends, but only when the debt has been shaved to acceptable levels. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Feb 2022 12PM English South Africa Investing · Business News

Other recent episodes

BNC#8: Melanie Veness on SA’s crisis - corruption, broken systems & a path forward

In a brutally honest keynote, Melanie Veness takes listeners to the frontline of South Africa’s economic crisis - where broken municipalities, failing infrastructure and political interference are no longer abstract problems, but daily battles. From chambers stepping in to fix water leaks and fight tariff abuse in court, to the…
24 Mar 7AM 22 min

BNC#8: Herman Mashaba on South Africa’s collapse - “Fix Johannesburg or lose everything!”

Speaking at BNC#8 in Hermanus, Herman Mashaba delivered a hard-hitting critique of South Africa’s collapsing governance, rising corruption, and eroding personal freedoms. From failing municipalities to unchecked crime, he argues the rule of law is under siege. Outlining bold reforms and his “Operation Fix Johannesburg,” Mashaba positions decisive leadership, accountability,…
24 Mar 5AM 21 min