Sasol hands over more low cost houses

Mr Raj Ramruthan (FNB representative), Mr Nzama Baloyi, (acting senior vice president: Sasol Mining),Mr Njabulo Gumede (new home owner) and Ms Florah Noliqhwa Maboa-Boltman (Govan Mbeki Municipal executive mayor) and her body guard.

eMBALENHLESasol Mining recently handed over another 26 newly-built houses to first-time home owners as part of its home ownership housing project.

The 26 houses bring to 62 the number of houses built and handed over to first-time home owners in 2016.

The home ownership housing project forms part of Sasol Mining’s Social and Labour Plan which aims to improve the living conditions of its mining employees in the surrounding host communities.

Mr Alex Anderson, head of Group Media Relations, said working with First National Bank, Sasol Mining employees are guided and assisted through the rigorous process of becoming an approved bond owner.

“Sasol Mining provides subsidies to qualifying permanent employees, who are not eligible for RDP houses, but also do not qualify for home loans from commercial banks.

“The first-time home owners are also provided with financial planning and management skills they need to ensure that they are able to service their subsidised home loans sustainably.”

The 26 houses form part of the third phase of 100 houses planned for the eMbalenhle home ownership housing project.

These houses follow another 26 house that were handed over last year and Sasol said 20 other houses have been completed and will be handed over officially in February.

  AUTHOR
Sifiso Mathebula
Journalist

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