Aiming to earn global respect

Article Abstract:

South Africa's Sasol Ltd. needs to improve its accounting practices if it wishes to establish a global presence as a marketer of coal and petrochemicals. Full disclosure, especially correcting the understatement of reported profit, would enhance Sasol's business reputation.

South Africa, Economic aspects, Petroleum chemicals industry, Petrochemicals industry, Sasol Ltd.

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The forecaster's lot

Article Abstract:

The German airline Lufthansa is discussed with emphasis on its financial position in 2000. The figures for 1999 were predicted to be lower than those for 1998 and this was the case, but the company are optimistic for 2000.

Airlines, Deutsche Lufthansa AG

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In the driving seat

Article Abstract:

The merger of Daimler-Benz and Chrysler into DaimlerChrysler AG is analyased. The company accounts have been combined without identifying either one as the acquirer.

Mergers, acquisitions and divestments, Accounting, DaimlerChrysler AG, Daimler-Benz AG, Chrysler Corp., C

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