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

Tim Cohen: Doubling down on transformation

The fight over transformation policy in South Africa is intensifying as four of the biggest law firms legally challenge the new legal sector codes. Currency News Senior Editor Tim Cohen joins Irakli to discuss the deeper fault lines exposed by this clash, questioning whether the push for 50% black ownership…
18 May 11AM 9 min

Juanita du Preez: The police generals are falling like dominoes…

The deepening crisis in the South African police force has seen generals toppled either through suspension or arrest. In this interview with Chris Steyn, Action Society's Juanita du Preez comments on the suspensions of the National Commissioner, the Mpumalanga Provincial Commissioner, and the Head of Supply Chain Management, as well…
18 May 7AM 16 min