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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 Construction Sector Codes of Good Practice issued in terms of Section 9(1) of the Broad-Based Black Economic Empowerment Act, 2003 (Act 53 of 2003) on 5 June 2009.

Our results are as follows:

Score: 84.39%
Level: Level 3 contributor
Procurement recognition level: 110%

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.