South African companies and individuals towards the development of Black Economic Empowerment, the prestigious Oliver Empowerment Awards hosted by Topco Media’s annual empowerment publication Impumelelo, acknowledged, congratulated and celebrated the efforts made by these companies and individuals towards the development of Black Economic Empowerment (BEE) and socio-economic transformation.

From an impressive list of 60 finalists, winners in 16 categories were announced at a black tie event on Thursday 3 May 2012 at Emperors Palace in Johannesburg.

The winners in 16 categories are listed below:

Empowerment Funding Award: Absa Group Limited

Education and Training Award: Dormac (Pty) Ltd

Supply Chain Management Award: Netcare Limited

Corporate Leadership Award:  SizweNtsalubaGobodo Inc

Community Development Award: Netcare Limited

New Black Business Development Award: Netcare Limited

Diversity Award: Lion of Africa Insurance Company Limited

Top Black Entrepreneur of the Year Award: Bongi-M Construction cc – Ms Sibongile Maseko

Top Black Business Leader of the Year Award: Sizwe Ntsaluba Gobodo Inc. – Ms Nonkululeko Gobodo

Top Black Public Sector Executive Award: SAMSA – Commander Tsietse Mokhele

Top Black Owned Business of the Year Award: Lebone Engineering (Pty) Ltd

Top Empowered Business of the Year Award: SizweNtsalubaGobodo Inc

Top Black Owned SMME Award: Molobeng Mining Labour Hire and Projects SA (Pty) Ltd

Public Service Award: SA Maritime Safety Authority

 

Top Empowered Multinational Award: Microsoft South Africa (Pty) Ltd

NGO of the Year Award: Zenzele Training and Development

The Black Economic Empowerment (BEE) is a programme launched by the South African government to redress inequalities prompted by Apartheid. By giving previously disadvantaged groups (black Africans, Coloureds, Indians and some Chinese) of South African citizens economic opportunities previously made unavailable to them, it intends to transform the economy to be representative of the demographics, specifically race demographics.  This includes measures such as Employment Equity, skills development, ownership, management, socio-economic development, and preferential procurement.

BEE was defined in the 2001 Commission and has been seen means to create sustainable economic growth in South Africa.  Although it has received criticism, it is perceived to be vital to their corporate strategy.

Source: Sowetanlive

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