South Africa’s Vodacom Group fights to keep majority stake in Safaricom
Vodacom acquired the government’s shares through a block trade on the NSE on June 30, the same...
South Africa is facing a potential gas crisis, according to businesses. Sasol has warned that in two years, its own gas fields will only have enough gas to meet its own needs. This has led to industries delaying investments and calling on the government to find solutions.
The country's gas supply is dwindling, with Moneyweb reporting that Sasol made the warning about its gas fields.
Vodacom Group is appealing a High Court ruling in Kenya regarding the sale of a 15 percent stake in Safaricom, but this development is unrelated to the gas crisis in South Africa, according to Capital Business.
Brief written by urgent.news from Moneyweb, Capital Business — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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