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Sasol’s asset sale program advances

Bloomberg Sasol Ltd expects binding bids within weeks for its stake in a natural gas pipeline running from Mozambique to South Africa, as the company accelerates asset sales to pay off debt, according to people familiar with the process. The bidding round underway for the Rompco 865-kilometre (537-mile) gas pipeline stake concludes in late July, according to two of the ...

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The obstacles to US’s economic recovery!

Curfew lifting in new york

The road to a successful reopening of the US economy is strewn with hopeful intentions — and formidable obstacles. The biggest and most important obstacle is a surge in new coronavirus cases, which presumably will lead to more hospitalisations and more deaths as well as more firms shutting down. The closings will reflect lost customers who are either sick or ...

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Make masks accessories, not piques

Masks fashion show in las vegas

Why all the fuss about face masks? Why won’t people just wear them? “Masking has become controversial. It shouldn’t be,” former Food and Drug Administration Commissioner Scott Gottlieb said on “Face the Nation.” To health experts, masks seem like a simple, apolitical precaution. In medical jargon, they’re personal protective equipment, or PPE, like surgeons’ gowns, gloves and face screens. Nobody ...

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