Our partnership with Sasol Mining started in 2010 when WIPHOLD and Mining Women Investments acquired an effective 6.1% in Sasol Mining, South Africa’s fourth largest coal producer. Mining Women Investments comprises 3,500 black women drawn from the areas in which Sasol Mining has operations and coal reserves. It was formed by WIPHOLD to enable these women, drawn from the Free State, Mpumalanga and Limpopo to participate in a BEE transaction for the first time.
Investment name: Sasol Mining
Shareholding: Effective 6.1%
Rationale for the investment: Strategic investment in the coal mining sector
Number of women benefitted: 3,500