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November 9, 2011

Tosaco pays off R1bn loan for Total SA stake two years early

Total South Africa Consortium (Tosaco), the 25% broad-based black economic-empowerment (BBBEE) partner of Total South Africa, said it is ready to expand its footprint in the country.



Tosaco's growth aspirations were highlighted following the announcement that it had fully paid for its stake in Total South Africa two years ahead of schedule.

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Posted by StaffWriter at November 9, 2011 10:02 AM