Africa Business News: Sasol Sees Loss After Writedown on Slump in Oil, Chemicals


Overhead lighting illuminates pumps on the forecourt of a Sasol Ltd. fuel station in Pretoria.

Photographer: Waldo Swiegers/Bloomberg

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Sasol Ltd. said it will swing to a full-year loss per share after writedowns on U.S. chemical assets contributed to 112 billion rand ($6.3 billion) of charges and oil prices declined.

The South African fuel and chemical…



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