How Absa’s supply chain beat COVID-19
Here is a snapshot of Absa suppliers that have demonstrated true Africanacity, a distinctly African ability to always find ways to get things done …
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Programmes
King of #MakingADifference
In 2012, King Price stepped into the South African insurance industry as the first insurer to offer car insurance premiums that decrease monthly. The fuel that powered this innovation? Our desire to change lives for the better. Our commitment to #MakingADifference is supported by our vision: Lower premiums; Higher purpose. Thanks to our unique business
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South Africa’s major new ‘transformation’ law is coming – what you need to know
The Department of Employment and Labour has published a notice indicating that it plans to introduce the Employment Equity Amendment Bill to the National Assembly. First announced by Labour minister Thulas Nxesi in July 2019, the bill promises to make a number of significant changes to the country’s employment equity laws. At the time, Nxesi said that
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How Sasol used Covid-19 downtime to overhaul the business
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
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Concor’s youth development strategy drives transformation through education
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
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8000 employees become Coca-Cola shareholders
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
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Barloworld Siyakhula – building resilient and sustainable businesses
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
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Vodacom Foundation: Connecting people and changing lives
As the CSI arm of Vodacom -– one of South Africa’s largest ICT companies – the Vodacom Foundation leverages the organisation’s enormous technological capabilities to connect people, create opportunities and change lives. “Connecting does not simply mean bringing people digital connectivity,” says Taki Netshitenzhe, Chief Officer of Corporate Affairs for the Vodacom Group. “However, connecting
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