Sasol back in takeover mode - even considering a move back into China

Judging by this rare interview with the South African multinational Sasol’s joint CEOs, the group is about to re-emerge from a lengthy period of consolidation. I caught up with Bongani Nqwababa and Stephen Cornell in Davos and had the opportunity to talk about the changing strategy of SA’s most popular retail stock. Sasol is transforming rapidly, betting heavily on its chemicals division to reduce its dependency on the Rand oil price. It is also back on the expansion trail, seeking out suitable acquisitions. And considering re-entering China from which the group exited so publicly (and expensively) a few years back. – Alec Hogg