fbpx Sasol selects seven Sasolburg SMMEs to go through its Business Accelerator programme | Sasol

Sasol selects seven Sasolburg SMMEs to go through its Business Accelerator programme

24 August 2020

Johannesburg, South Africa – Sasol has selected seven small, medium and micro enterprises (SMMEs) from in and around Sasolburg in the Free State to take part in its newly launched 24-month Sasol Business Accelerator (SBA) programme. The businesses are in the manufacturing, engineering services, engineering maintenance, hired equipment, HVAC and recyclables industries. 

“They were selected through a stringent and thorough four week selection process managed by Zevoli, which is an independent third-party company appointed by Sasol to assist with the selecting and screening of potential candidates for the programme,” said Ofentse Tiro, Enterprise and Supplier Manager at Sasol. 

In May this year, Sasol announced that applications were open for SMMEs that are located in Metsimaholo, Emfuleni and Ngwathe Local Municipalities operating in the above-mentioned sectors to join the SBA programme. The deadline for applications was Wednesday, 17 June 2020.

Sasol received nearly 200 applications for the programme SMMEs from even outside of the specified municipal areas. However, as Sasol’s commitment is to primarily develop SMMEs in its fence-line communities, focus was on those in the Free State. 

The seven successful SMMEs will kick-off the programme this week with a three-day induction training that starts today. The purpose is to provide the companies with an overview of Sasol’s operations, highlight the importance of safety, and outline what they can expect over the coming months in relation to the accelerator programme. 

The SMMEs will based at the Sasol Business Incubator in Sasolburg. Located inside Sasol’s Eco-industrial Park in Sasolburg, the facility is fully-equipped and structured to host and enable this diverse mix of businesses to be developed into larger companies. 

The 24-month SBA programme, which kicks off this week, will entail” 

  • Infrastructure support 
  • Development support
  • Mentoring and coaching
  • Networking
  • Funding support


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”.