CORPORATE PROFILE

• Profile
• Corporate Structure
• Strategy
• Operating Board
• Executive Management
• Service Divisions
• BBBEE
• History

Related Links

• Accredited BBBEE verification agencies
• Transformation report

BBBEE

The Group fully supports BBBEE and has adopted a strategy that will ensure compliance with the BBBEE codes of good practice.

The transformation committee formulates, monitors and reviews all aspects of the Group’s BBBEE policies and strategies, and it has adopted a transformation charter that is reviewed annually. There are sub-committees for each of the seven elements of the BBBEE generic scorecard and scorecard targets have been set. The sub-committees meet quarterly and report directly to the transformation committee.

The Group is currently an accredited BBBEE level-5 contributor.

In the Financial Mail/EmpowerDEX survey of top empowerment listed companies the Group ranked 3^rd, 3^rd, 2^nd, 4^th and 2^nd in 2011, 2010, 2009, 2008 and 2007 respectively within the retail sector. ranked 3^rd, 3^rd, 2^nd, 4^th and 2^nd in 2011, 2010, 2009, 2008 and 2007 respectively within the retail sector.

The Group is rated every year by an independent BBBEE verification agency that is a SANAS-accredited verification agency. Group suppliers are required to obtain annual ratings either through accredited verification agencies or through registered auditors approved by the Independent Regulatory Board of Auditors. (The Group is continually proactive in educating suppliers about BBBEE.)