Sasol scraps dividend as Lake Charles continue to bite into profits

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South African petrochemicals group Sasol’s headline earnings per share dropped 74 per cent to R5.94, weighed down by problems at its Lake Charles Chemicals project in the United States and softer chemical and Brent crude oil prices. CNBC Africa is joined by the Sasol CEO, Fleetwood Grobler for more.

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Lockdowns, curfews and doorstep testing: Africa’s crackdown on the coronavirus

By: Elliot Smith KEY POINTS The Africa Centers for...

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SA coffee shop feels the wrath of the COVID-19 lockdown

As South Africa is currently in a national lockdown due to the Covid-19 outbreak one of the many issues that businesses face is the decrease in customers and supply disruptions; one such company facing the wrath of the lockdown is a coffee shop called Bean There, the owner Jonathan Robinson is now looking at big South Africa retailers such as Pick ‘n Pay, Spar & Takealot to keep afloat. Jonathan joins CNBC Africa for more.
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