We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
South Africa.
- Abstract
The article reflects on South Africa's top maker of oil from coal, Sasol. The company recently unveiled the biggest affirmative action deal yet in South Africa as it posted a 10 percent rise in annual headline earnings per share, as of August 2007. According to Sasol, which under its previous management attracted sharp criticism from the government for dragging its feet on black economic empowerment, they will sell a stake to black investors, staff and the public. They state that it will sell a 10 percent stake to blacks for a total of 17.9 billion under the black economic empowerment program.
- Subjects
SOUTH Africa; AFRICA; SALE of business enterprises; BLACK people; SASOL Ltd.; REGISTRATION &; transfer of business enterprises; EARNINGS per share; RATE of return on stocks; RATE of return
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2007, Vol 44, Issue 8, p17537
- ISSN
2053-227X
- Publication type
Article