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Black Economic Empowerment

Broad-Based Black Economic Empowerment (BBBEE)

Sanyati is committed to the Codes of Good Practice on BBBEE by engaging in practices that support the upliftment of previously disadvantaged individuals in South African and driving the broad range of transformation requirements as set out in the Construction Charter.

To this end, a BBBEE Steering Committee, filled with senior members of the management team and led by the CEO, was constituted 18 months ago. The mandate of this team is to determine and drive the implementation of key interventions across the Group with the aim of achieving the measurable targets in each of the scorecard categories. These efforts were recognised with the achievement of our level 3 contributor status during the year.

Sanyati Holdings was rated as the 28th most empowered company on the Johannesburg Stock Exchange in a survey conducted and published by the Financial Mail in April 2011. Our commitment is to ensure that we continue with the journey and achieve genuine and sustainable improvements in all categories of the Construction Charter scorecard.