comparemela.com

Latest Breaking News On - Republic of mozambique pipeline investments company rompco - Page 1 : comparemela.com

South Africa has four months to avoid a natural gas Day Zero as Sasol supply crisis looms

Despite 1200 km of pipelines below Joburg, more gas explosions shouldn t be a worry, says company

Despite 1200 km of pipelines below Joburg, more gas explosions shouldn t be a worry, says company
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

Sasol sells Moz pipeline stake for R5bn as it pares down debt

Sasol sells Moz pipeline stake for R5bn as it pares down debt By Dineo Faku Share SASOL on Friday announced the R5 billion sale of a 30 percent stake in its Republic of Mozambique Pipeline Investments Company (Rompco) as part of its asset disinvestment programme aimed at settling debt. The group said it had concluded a sale and purchase agreement with a consortium comprising black empowerment firm, Reatile Group, and the Ideas Fund, one of South Africa s biggest infrastructure funds, which is managed by African Infrastructure Investment Managers, a subsidiary of Old Mutual Alternative Investments Holdings. The proposed transaction is expected to become effective during the second half of 2021.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.