Black Economic Empowerment
 
The objective of the Group's Black Economic Empowerment (BEE) programme is to encourage participation in small, medium and large-scale businesses. Emphasis is placed on initiatives that ensure the meaningful contribution of previously disadvantaged individuals to the mainstream economy. 

Procurement from BEE entities has increased by 35 percent to R533 million and achievements on employment equity have gone beyond mere compliance with the legislation. 
  

Black Economic Empowerment graphic
African Products increased its BEE spend by 66 percent in an ambitious drive to empower black suppliers. 

Of Hulett Aluminium's commercial dealings with BEE entities in 2002, 61 percent was with African-owned businesses, 33 percent with Indian-owned businesses and six percent with Coloured-owned businesses. The spend with African-owned businesses increased significantly from R29 million in 2001 to R81 million in 2002.

Moreland increased its spend by 30 percent over 2001, largely through BEE contractors in security and landscaping. Of Moreland's total development expenditure in 2002, 34 percent is attributed to direct and indirect outsourcing to BEE contractors. 
  
Tongaat-Hulett Sugar increased its BEE spend by six percent to R284 million compared to 2001. In this respect, Phase II of the medium scale farmer project was initiated last year and will be completed in April 2003.