Sasol has just told the market that because of surging fuel prices it’s about to deliver EBITDA of some R62 billion, compared with R52 billion a year ago. Another side benefit is that Sasol’s increased production to its highest level in five years has helped shield South Africa’s own fuel supplies. Baloyi is seeking to reduce coal used for power generation and the company has increased its use of renewable energy. As with Sasol, much of that flows from the sharp increase in the price of oil. My Broadband says the investigators were specifically asked to review the CEO’s travel expenses, entertainment claims and company credit card usage.