In line with its strategy to transform business through equitable ownership, enterprise development, socio-economic development and preferential procurement, Tsebo Solutions Group is pleased to announce that we have once again achieved a Level 1 B-BEEE rating, providing procurement recognition for customers of 135% of spend with the Group.
As a progressive corporate entity, Tsebo has always regarded transformation and B-BBEE as a business imperative; it is part of Tsebo’s DNA and weaved into our its business model, business processes, culture, values, purpose statement and business strategy.
We are particularly proud to have increased our black ownership from 50.84% to 54.4%, and our black women ownership from 43.2% to 45.6%.
We want to thank our employees, suppliers, clients, shareholders and all other stakeholders for their efforts in ensuring we retain and improve our rating consistently.
We look forward to working with and serving you in 2021.