Sasol boost for women in mining

October 12, 2007
South African petrochemicals giant Sasol announced this week that it has sold a 20% stake in its mining subsidiary, valued at almost R1.9-billion, to a newly established company owned and run by two local women empowerment groups.
The transaction will see Ixia Coal, a joint venture by Women Investment Portfolio Holdings (Wiphold) and Mining Women Investments, acquire 20% of Sasol Mining through the issue of new shares.

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