WIP Coal is 60% owned by WIPHOLD and 60% owned by Mining Women Investments Trust – a Trust established by WIPHOLD, to empower black women from Sasol Mining’s operational areas.
This particular opportunity enabled women from the Free State, Mpumalanga and Limpopo (in areas where Sasol Mining has operations and coal reserves) to participate in the mining economy through a shareholding in Sasol Mining.
Next Investment
Investment name:
Sasol Mining
Sector: Mining & Energy
Shareholding: 6.1%
Rationale for the investment:
To participate in the coal mining sector through strategic investments
WIP coal is 60% owned by WIPHOLD and 60% owned by Mining Women Investments Trust, a Trust established by WIPHOLD, to empower black women from rural areas.
In 2010, WIP Coal, acquired a 10.2% stake in Sasol Mining, South Africa’s fourth largest coal producer.
WIP Coal is 60% owned by WIPHOLD and 60% owned by Mining Women Investments Trust – a Trust established by WIPHOLD, to empower black women from Sasol Mining’s operational areas.
This particular opportunity enabled women from the Free State, Mpumalanga and Limpopo (in areas where Sasol Mining has operations and coal reserves) to participate in the mining economy through a shareholding in Sasol Mining.