Sasol in BEE partner scandal

Petrochemical giant Sasol, whose shares are listed on the Johannesburg and New York stock exchanges, has dropped its black economic empowerment (BEE) coal-handling partner Khotso Batho Mining Services after a long-running scandal covered in South Africa’s The Times/Sunday Times newspaper. On 4 August, the paper reported that Sasol had “pulled the plug on a shady empowerment deal with union boss Simon Mofokeng and wife Maureen after Business Times exposed how they used fake documents to clinch contracts worth over R300m [£19.8m]”.