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May 26, 2008

Cash-flush best-placed to cash in on Sasol's Inzalo

SASOL's R28-billion broad-based black economic empowerment share scheme, to be officially launched on Thursday, could be a blessing for those who have cash, and a curse to those who don't.

Sasol is offering black South Africans, including its employees, 63-million shares, or 10percent of total share capital, in the country's single largest BEE deal to date.

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Posted by StaffWriter at May 26, 2008 7:09 AM