Sasol share price today (JSE: SOL)

About Sasol

Sasol is a South African integrated energy and chemicals company best known for turning coal and gas into fuels and chemicals at Secunda and Sasolburg using its own Fischer-Tropsch technology. It also runs a chemicals business with plants in South Africa, the US (Lake Charles) and Europe, and is also listed in New York as an ADR (NYSE: SSL).

What moves the Sasol share price?

• The Brent oil price and chemical prices, because Sasol's products are priced off global benchmarks (see oil price).
• The rand: a weaker rand lifts rand-denominated revenue, as most costs are local.
• Secunda coal quality and volume, Transnet rail and port performance, and the cost of meeting emissions limits.
• Debt levels and the dividend policy, which is linked to net debt targets.

How to buy Sasol shares in South Africa

You can buy JSE shares through any stockbroker or investing app, including bank share-trading platforms and low-cost apps. You can also hold them in a tax-free savings account (TFSA) if your provider allows direct shares. Check brokerage, the minimum order and annual custody fees, and remember that share prices can fall as well as rise. Dividends from SA companies are subject to 20% dividends withholding tax.