South African Sasol reports a possible sale of shares or assets in order to raise cash as a result of the oil price collapse. Sasol is likely not alone here, but it adds that oil prices and Covid-19 impact have âconsiderably modified its perspectivesâ in only a few weeks. According to Moodyâs Sasolâs debt amount to ab. USD 8,6 bn. On a wider scale, Africa's economic growth could fall from 3.2% to 1.8% at the end of 2020, evidently depending on conditions.
South Africa, not found