Advertisement
New Zealand markets close in 5 hours 2 minutes
  • NZX 50

    11,802.73
    -33.31 (-0.28%)
     
  • NZD/USD

    0.5905
    -0.0001 (-0.02%)
     
  • ALL ORDS

    7,898.90
    +37.90 (+0.48%)
     
  • OIL

    82.63
    -0.10 (-0.12%)
     
  • GOLD

    2,395.70
    -2.30 (-0.10%)
     

South Africa's Sasol Tightens Purse Strings for New Projects

South Africa's Sasol Tightens Purse Strings for New Projects

Sasol Ltd. said it will steer clear of big new investments as the world’s largest maker of fuel from coal reviews existing assets and focuses on completing its $11.13 billion U.S. chemicals plant.