Four Seasons Before Lunch Gauteng (Pretoria)

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 I have lived in Pretoria for half my life, but even at almost 50, l still am not ready for mornings like this . I step out of  home in the morning at 7 a.m., greeted by a warm, gentle breeze and sunshine so golden it felt like summer had arrived overnight. The sky was clear; the jacaranda trees glowed purple; the air smelled of warmth and possibility. “Perfect day,” l muttered, locking his door. By the time l drive out—five minutes later—the sky starts to be darkened. A cold wind came crawling in from nowhere, sweeping dust across the pavement. The temperature dropped so suddenly that  l have  to switch the heater for warmth. Laughing. “Ah, Pretoria… you never disappoint.” Halfway to the office, the heavens opened. Not soft rain— a storm . Sheets of water hammered the road, street gutters overflowed instantly, and distant thunder rolled like a grumpy giant waking up too early. People scattered, hiding under bus shelters already too full.  “Ten minutes ago...
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Sasol's sale of the world's biggest oxygen production site gets thumbs up

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Penelope Mashego
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The Competition Commission is recommending the approval the sale of Sasol's 16 air separation units in Secunda.
The Competition Commission is recommending the approval the sale of Sasol's 16 air separation units in Secunda.
Gallo/Getty images

The Competition Commission has recommended the approval of Air Liquide South Africa’s acquisition of Sasol’s 16 air separation units (ASUs) in Secunda.

Together these units form the world's biggest oxygen production site, which produce oxygen and other gasses mainly used by Sasol in its production of fuels.

Sasol will earn R8.5 billion from the deal, which it will use to help settle its massive debt burden of more than R120 billion. Sasol has sold a number of its assets, including a 30% stake in a natural gas pipeline between Mozambique and South Africa, in recent months to stabilise its precarious financial position.

Air Liquide supplies industrial gases to different industries in South Africa, including the health sector, and the Competition Commission found that its takeover of Sasol's oxygen units was unlikely to result in the prevention or lessening of competition in the market.

But the commission does have some prerequisites for the deal, including that Air Liquide must commit to substantially reduce carbon emissions from the site in the next ten years. Also, it must agree to an agreement to buy 900 MW in renewable energy.

Other requirements include that it must invest in training affected employees, as well as in localisation, and it must provide surplus liquid oxygen to the healthcare sector, particularly to public facilities. The commission also have requirements around promoting diversity of ownership, and procuring services and products from small businesses and black-owned enterprises.

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