Covid-19 containment has broken many businesses and pushed many perilously close to collapse – but for the Sasol executive team this has proved to be a time to develop plans to improve the business and review its business and workforce structures. Sasol has renegotiated with lenders, made progress with its crude oil hedging programme and undertaken a […]
How Sasol used Covid-19 downtime to overhaul the business Read More »
The Broad-Based Black Economic Empowerment (BBBEE) ICT sector council is set to review the 2016 amended ICT sector transformation plan in response to the impact of the fourth industrial revolution (4IR) and the COVID-19 pandemic. The strategy will focus on the inclusion of disabled black women and unemployed youth in the mainstream ICT economy, says
B-BBEE ICT sector council reviews transformation plan Read More »
Black-owned construction group Concor is implementing a youth development strategy that is focused exclusively on education and skills development, which the company views as the most critical driver of ongoing transformation. Concor’s history of contributing to youth development predates its emergence, in 2017, as an independent contractor; a development that arose when a Southern Palace-led
Concor’s youth development strategy drives transformation through education Read More »
MTN SA CEO Godfrey Motsa says without broad levels of sustained and consistent inclusion and access to technology, the country will not reach its potential. He notes MTN stands in strong support of government’s commitment to ensure South Africans are able to benefit from transformation across business, employment, and skills development. Motsa says MTN’s procurement spend with
Godfrey Motsa calls for inclusion and access to tech Read More »
Two of South Africa’s tech giants – Vodacom and Samsung – are leading the transformational charge with the recent announcements of their Level 1 Broad-Based Black Economic Empowerment ratings. For Vodacom, this means one jump up the ratings, a result of accelerating a concerted transformation strategy, ensuring the local economy is structured and transformed to
Telco giants garner level 1 B-BBEE rating Read More »
Coca-Cola Beverages South Africa (CCBSA) said 8000 employees had become shareholders in the business through the Ikageng Employee Share Trust created to offer workers shares and direct economic participation in the business. Ikageng, which means “let us build ourselves” in Tswana, was launched last month and owns a 5 percent stake in Coca-Cola Fortune, the
8000 employees become Coca-Cola shareholders Read More »
“PPS is the only mutual financial services company in South Africa that focuses exclusively on graduate professionals,” explains Masenyane Molefe, Group HR Executive at PPS. “As such, our focus on STEM talks to both our core business and the members who make up our primary target market, as well as contributing to one of the
PPS Foundation – Potential to change South Africa’s future Read More »
Through ESD, Exxaro seeks to lead economic transformation by supporting black-owned, black women owned and black youth-owned small businesses that will create jobs in host communities, transform its supply chain and support the organisation’s growth aspiration. The Exxaro ESD approach, while ensuring Compliance with relevant legislation, has four Strategic objectives: Innovation – invest in high-growth
Exxaro powers a sustainable future with small businesses Read More »
Adcock Ingram is a pharmaceutical manufacturing company that markets and distributes various healthcare products and supplies to private sector and public sector in the South African market. In alignment with the Companies Act regulations, Adcock Ingram aim to be a responsible corporate citizen, the activities of which are monitored by the Social, Ethics and Transformation
Adcock Ingram – Corporate citizenship through community development Read More »
A partnership between Barloworld Siyakhula & the Department of Trade & Industry (dti), the BSIH provides eligible SMMEs with access to expert guidance, support and resources aimed at developing world-class suppliers. The hub is set up to assist suppliers and other companies operating in its value chain to overcome challenges such as market access, finance
Barloworld Siyakhula – building resilient and sustainable businesses Read More »
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