Our BEE CommitmentWe believe in South Africa and Africa, and are committed to playing an active role in Black Economic Empowerment and fast-tracking Black people within the economic mainstream in South Africa.
We believe that business can be a force for good and want to play an active role in facilitating business towards playing this role.
We commit our business to supporting BEE through
- Having a BEE strategy
- Supporting other organisations and companies to develop productive BEE strategies
- Ensuring that we implement our own BEE policy with sincerity and commitment.
BEE Certificate
OUR SOCIAL CAPITAL COMMITMENT
|
Area |
Target |
Current performance |
|
Equity |
20% by December 2008 |
Relationships under development with 3 potential Black shareholders |
|
Control or management |
Board as per shareholding and non-executive appointments thus follows on from equity targets |
3 management team members female and white |
|
Employment Equity |
1 black female senior manager and 1 black female project manager by March 2008 (2 out of 5 managers black = 60% black managed) |
3 white female managers and 1 black female project manager are the only full time employees |
|
Skills development |
10% of salary bill over and above the 1% skills levy on payroll by December 2007 |
Registering for skills development |
|
Preferential procurement |
65% BEE procurement by December 2007 |
Actively seeking BEE suppliers |
|
Enterprise Development |
Full 10 points by December 2007 |
Ongoing JVs with Black owned SMMES |
|
Residual |
1% of post-tax profit on CSI by December 2007 |
CSI focus on health sector in Western Cape |