This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

BNC#9 | Sasol CEO Simon Baloyi: Turning around an SA giant through Trump, tariffs and turmoil

Loading player...

He started out as a bursary student from a village with no electricity or running water. Now Simon Baloyi runs one of South Africa's biggest industrial employers. In his first full year as CEO (2024) he turned a loss of nearly R70 a share into double-digit profit. Baloyi's BNC#9 keynote takes us inside that turnaround: the internal battle to hold the strategy together through Trump's tariffs, the balance sheet target that will decide when dividends return, and why Sasol isn't walking away from coal just yet. This is the story of a company built on getting oil out of coal, told by the man now betting his career on getting it right.

18 Aug 2AM English South Africa Investing · Business News

Other recent episodes

With the ANC finished, eThekwini's mayoral contest comes down to the DA and MK

Haniff Hoosen made the trip from Durban to BizNews's Hermanus studio with a blunt message: the ANC is finished in eThekwini, and what replaces it could be worse. The DA's mayoral candidate walked through how a metro that once out-drew Cape Town for tourists now loses 65% of its water…

15 Sep 9AM 38 min

6 bodies found: Killing spree of “serial” rapist…

In this BizNews interview, Chris Steyn and Juanita du Preez, the national spokesperson for Action Society, talk about the killing spree of a suspected serial rapist (or group of rapists) in Ekurhuleni. By yesterday (Monday), five bodies had been found, four in Kempton Park, one in Olifantsfontein, and this morning…

15 Sep 7AM 15 min

BN Daybreak: Cape Town's conviction crisis, terrorists on SA soil, AI stock wobble, BNC#9 wrap

Nineteen times out of twenty, the man Cape Town's police catch red-handed with an illegal gun walks free. JP Smith explains why, and why he's taking national government to court over it. Intelligence analyst Jasmine Opperman lays out something most South Africans haven't clocked: 14 active Bitcoin wallets linked to…

14 Sep 11PM 15 min

Cape Town's crimefighter, JP Smith, on the court battle that could reshape SA policing

JP Smith has spent years being told his city is one of the world's most violent. He didn't dispute it. He explained why. Nearly every gun his officers pulled off the street came back to bite them: nineteen times out of twenty, the man caught red-handed walked free, because Cape…

14 Sep 10AM 56 min

BN Daybreak: Pistorius 'big lie'; Hamas crypto wallets; Comp Com overreach; EE quotas; Wall St up

Retired senior advocate Chris Marnewick spent six years on the Pistorius trial record and tells Alec Hogg the conviction should have been culpable homicide, not murder, blaming social media groupthink for a "big lie" of gender-based violence. Analyst Jasmine Opperman reveals 14 active bitcoin wallets in South Africa channelling funds…

13 Sep 11PM 15 min

All episodes