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bbbee statement

Mondi Richardsbay
Mondi Mill Expansion, Richardsbay

 

BBBEE Statement

 


Abakali is fully committed to embrace the principles of the Broad-Based Black Economic Empowerment Bill No 53 of 2003. We have been independently evaluated and certified in accordance with the Codes of Good Practise issued in terms of section 9 (1) of the Broad Based Black Economic Empowerment Act, 2003 (Act 53 of 2003) on 09 February 2007.

Our results are as follows:

Score: 92.04%
Level: Level 2 contributor
Procurement recognition level: 125%

These scores have been achieved by quantifying all the elements of BBBEE, viz.


• Ownership
• Management control
• Employment Equity
• Preferential procurement

Abakali recognises that it is necessary to carry affirmative action beyond the boundaries of the firm. A positive approach is necessary to disadvantaged communities generally and to the quantity surveying profession as a whole. Abakali vigorously pursues a suitable and effective strategy in both of these directions.

Bursaries are offered to candidates who qualify on merit, with the emphasis being on candidates from previous disadvantaged communities.