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June 23, 2008

Chinese South Africans also eligible for Sasol's BEE transaction

South African people of Chinese descent were now also eligible to participate in petrochemicals giant Sasol's Inzalo broad-based black economic-empowerment (BBBEE) transaction, the company said at the weekend.

This followed the decision made by the High Court of South Africa's Transvaal Provincial division on June 18, that South Africans of Chinese descent qualified for the benefits of South Africa's BEE laws.

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Posted by StaffWriter at June 23, 2008 10:05 AM