Sasol surges as war drives fuel uncertainty

Loading player...
In this episode, Bruce speaks to Simon Baloyi, CEO of Sasol, as the group benefits from a surge in oil prices driven by escalating tensions in the Middle East. Baloyi explains why the current spike is likely temporary, how Sasol is positioning itself through the cycle, and why the company's role in South Africa's energy security has never been more critical. Willem Kellerman, co-founder of Verify Tech, explains how a small, self-funded South African team used drones and machine learning to survey 150 000 hectares of bush, building one of the most accurate wildlife censuses ever conducted and unlocking new, data-driven insights into conservation.Bruce also chats to Jean-Pierre Verster, founder and CEO of Protea Capital Management, about market volatility, global uncertainty and what it all means for investors navigating a rapidly shifting environment. To catch every episode of Bruce Whitfield's Business Week, click follow and subscribe on News24's Spotify, Apple and YouTube podcast channels. New editions drop every Thursday at 17:00. This podcast is sponsored by Capitec.To catch every episode, click the follow and subscribe buttons on News24's Spotify, Apple, and YouTube podcast channels. Editions drop on Thursdays at 17:00.
26 Mar English South Africa Business · News

Other recent episodes

FirstRand’s Vilakazi cleans up after R17bn UK hit

In this episode, FirstRand CEO Mary Vilakazi unpacks results that look worse than they are. Reported earnings fell 5% after an R11.4 billion provision for the UK motor finance scandal, but strip that out and normalised earnings from continuing operations grew 13%, with return on equity at 24%. The UK…
10 Sep 29 min

Jozi’s gold rush isn’t done. Plus: Jockey turns 150

In this episode, DRDGold CEO Niël Pretorius explains how the company extracts 1.93 grams of gold per tonne of mine-dump material, and why, at $4 000 an ounce, that amounts to R4.2 billion in profit, while simultaneously cleaning up Soweto’s dust problem and reversing a century-long environmental legacy. Bruce McMurray…
20 Aug 40 min

Boerie gets a glowup – and where do seized Lambos go? 

In this episode, ENS head of forensics practice Steven Powell goes behind the scenes of asset forfeiture, using the Tembisa Hospital scandal to explain what actually happens after the cameras leave and the Lamborghinis have been seized, and why South Africa’s ability to secure convictions amid a Financial Action Task…
13 Aug 32 min