fbpx Sasol creates a platform for its SMMEs at Proudly SA Summit 2018 | Sasol

Sasol creates a platform for its SMMEs at Proudly SA Summit 2018

14 March 2018

Johannesburg, South Africa – Sasol has created a platform for the small and medium-sized enterprises (SMMEs) it supports to showcase their goods and services at the 7th Annual Proudly SA Buy Local Summit, taking place on March 14 – 15, 2018 at the Sandton Convention Centre.

The purpose of the summit is to promote products and services that originate from or are produced in South Africa.

A proudly South African company with more than 25 000 employees in South Africa alone, Sasol has since its inception played an important role in the birth of new industries and the growth of established ones a role through its locally-produced chemicals and energy products. This has in turn contributed to the creation of jobs as well as social and economic development.

“We support the development of small businesses in order to contribute to local economic development and job creation in our communities,” said Lebelo Lukhele, Vice President: Supplier Management and Transformation at Sasol.

“We are aware of the vital role a growing small, medium and micro-sized enterprise (SMME) sector plays in broadening economic participation and delivering on our country's economic development objectives, which include job creation. This is why enterprise and supplier development is such a strong focus of our Supply Chain strategy.”

Sasol supports local SMMEs through a number of interventions, which include the Sasolburg-based Sasol Business Incubator, which provides business development, access to specialised manufacturing equipment and business infrastructure, to SMMEs. This is in addition to product commercialisation support. The Sasol incubation programme provides participating SMMEs with up to 12 months of physical support and an additional 24 months of virtual incubation support from our business incubation specialists.

To find out more about Sasol and how it is enabling local SMMEs, visit: http://www.sasol.co.za/sustainability/enterprise-and-supplier-development


Sasol may, in this document, make certain statements that are not historical facts that relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return, executing our growth projects (including LCCP), oil and gas reserves and cost reductions, including in connection with our BPEP, RP and our business performance outlook. Words such as “believe”, “anticipate”, “expect”, “intend", “seek”, “will”, “plan”, “could”, “may”, “endeavour”, “target”, “forecast” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report on Form 20-F filed on 28 August 2018 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.
Please note: One billion is defined as one thousand million. bbl – barrel, bscf – billion standard cubic feet, mmscf – million standard cubic feet, oil references brent crude, mmboe – million barrels oil equivalent. All references to years refer to the financial year 30 June. Any reference to a calendar year is prefaced by the word “calendar”.