BEE scheme bites into Sasol's bottomline
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Sasol's net profit has nearly halved to R10 billion, this as its empowerment scheme has weighed on it's bottom line along with the stronger rand. Despite this, the company has declared a dividend of R7.90 bringing total payout to nearly R13 reflecting a 2.4% increase. Bongani Nqwababa, Joint CEO of Sasol joined us to drill into the detail behind the numbers.