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/ 10 September 2007

Sasol unveils $2,5-billion BEE deal

Sasol, the world’s top maker of oil from coal, posted a 10% rise in annual headline earnings per share, lifted by an increase in the price of oil and weakening of the rand, it said on Monday. In the biggest affirmative action deal in South Africa yet, South Africa’s Sasol said will sell a 10% stake for a total of R17,9-billion.