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June 6, 2008

Sasol - Bonanza time

Cash participants in Sasol's R26bn black economic empowerment (BEE) deal are in for a dazzling and immediate windfall, thanks to soaring oil prices.



The retail wing of Sasol's BEE initiative was launched this week. It offers about 3% of its shares to black South Africans at R366/share.

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Posted by StaffWriter at June 6, 2008 2:33 PM