Broad-Based Black Economic Empowerment (BBBEE) refers to South Africa’s strategy to ensure that the country’s Black majority has access to economically empowering employment.
BBBEE addresses past inequalities in the South African workplace and in economic ownership and is a means to speed up South Africa’s economic growth through job creation and poverty eradication.
In this light, Maropeng has been awarded a BBBEE certificate in recognition of its Level 1 BBBEE status.
According to BBBEE- certification company BEE Verification Agency, Level 1 certification means that Maropeng has achieved the highest level of recognition possible in its efforts to ensure economic empowerment and development among its staff.
Maropeng has done this through a comprehensive staff development programme, which received a 100% (25 points out of 25) rating towards its certification. Every staff member, regardless of designation goes through the programme, which also provides for guide and waiter training.
Of the many criteria for good BBBEE certification,ensuring demographically representative ownership is one of the most important. To this end Maropeng was able to show 51.3% Black shareholder ownership, along with 31.1% Black female shareholder ownership.
Maropeng is already recognised for its efforts to preserve South Africa’s ancient history; now it has its own place in South Africa’s recent history as it achieves the transformation essential to the country’s prosperity.
To view the certificate click here.
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