The man leading Sasol at a critical time

Daniel Puchert

Journalist
Staff member
Joined
Mar 6, 2024
Messages
1,243
Reaction score
1,039
The man running South Africa's iconic energy and chemicals company

Simon Baloyi was recently appointed as the president and chief executive officer of Sasol and has the high-stakes task of transitioning the energy and chemicals giant from fossil fuels to more sustainable energy sources.

However, the 48-year-old veteran is tempering ambitions in the short term by focusing on reducing the company's debt and maximising its existing operations before exploring growth opportunities in less carbon-intensive businesses.
 
But the share price is almost at its worst level since 2004.
 
Top
Sign up to the MyBroadband newsletter