I knew the refineries had pulled out but not SASOL. This means we are importing fuel (petrol and diesel) and not the raw material which is obviously more costly. Yes some hard decisions need to be made as my business relies on raw material from SASOL and cannot do without. Prices are rising weekly as this is a different type of inflation that we are experiencing now as running costs have risen in manufacturing and retail due to funding their own power.
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Obtaining information from reports, damned difficult of late. Business throughout the country battling with rising costs,
SASOL:
https://businesstech.co.za/news/energy/658727/major-renewables-project-for-sasol/
https://www.prnewswire.com/news-releases/sasol-limited-interim-results-announcement-for-the-six-months-ended-31-december-2022-301751743.html
Last link stats it is evident in Turnover and EBIT slowing down on fuel.