Sasol’s assets nosedive in value, but what about a rights issue?

Sasol released a trading statement today that used the word “impairment” many times. That isn’t usually good news for shareholders, but Sasol was up over 4% regardless. Let’s unpack how that might be possible. What is an impairment? An impairment is an accounting entry that recognises a drop in the value of an asset. Auditors place a lot of focus …

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Kordon

Creative Agency

Determined to break away from Camila for good, Teresa forges new, uneasy alliances—and, for the first time, brings the fight to Camila’s doorstep.

Devoted lifeguard Mitch Buchannon butts heads with a brash new recruit, as they uncover a criminal plot that threatens the future of the bay.

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