Our Broad-Based Black Economic Empowerment (“BBBEE”) philosophy
Our heritage is firmly rooted in South Africa and the South African business remains a material contributor to the Group. As such, we are acutely aware of the need for transformation in South African society in order to overcome the consequences of previous discrimination and to create an equitable society in which all individuals have equal opportunities, free from prejudice. By so doing, South Africa will benefit from the social reparation of past injustices and the added economic contribution of inclusive and unrestricted participation by all citizens.
To this end, we are fully supportive of constructive measures introduced by government to facilitate effective transformation in South Africa. We have embraced the Department of Trade, Industry and Competition’s BBBEE Codes and, through transformation, seek to harness the strength and power of our diversity, respecting each person’s individuality. We have embarked on a transformation process and made meaningful progress in this regard.