Super Group recognises the importance of implementing a broad based black economic empowerment (BBBEE) programme that addresses the inequalities of the past through a dedicated and ongoing process. To this end, the company will continue to make the appropriate investments to support this important transformation agenda.
Broad-based empowerment is accepted as the only meaningful way to broaden South Africa’s economic base by accelerating growth, job creation and poverty eradication. It is achieved through transformation in the areas of ownership, management control, employment equity, skills development, preferential procurement, enterprise development and socio-economic development.
South African companies have their BBBEE compliance measured annually and expressed in terms of one of eight recognition levels, with a Level Eight contributor being the least compliant. Super Group is currently rated as a Level 3 BBBEE contributor which entitles its customers to claim 110% of their expenditure as BEE procurement spends.