In this section:

Oliver Top Empowerment awards

The Oliver Top Empowerment Awards, South Africa’s premier awards for leadership in transformation, has created alegacy of inspiration over the course of the last two decades. It showcases outstanding leaders – organisations and individuals – who exemplify vision, innovation, leadership, and, most of all, action in the name of transformation. The result is that committed South Africans, from across the economy, are motivated to pursue equally impressive empowerment-based success.

At the 16th annual awards ceremony in March, Basil Read received the honorary Legends of Empowerment award.

Transformation

At Basil Read we are committed to making a contribution to the transformation of the construction industry to be more representative of national demographics. We acknowledge that this is a journey and will not be achieved overnight.

Basil Read has a level 3 BBBEE rating, following an audit in February 2017 under the dti Codes of Good Practice.

Download BEE Certificate (233kb)

 

Enterprise development

Enterprise development forms an integral part of the transformation programme at Basil Read. Basil Read has been a significant contributor to enterprise development in the South African construction and mining landscape through various development programmes on our sites. For 2 years we ran an incubation programme with Aurik and we are currently in partnership with SAFCEC in the roll out of a skill-transfer and mentorship based programme.

Employment equity

We continue to support South Africa’s broad-based black economic empowerment (BBBEE) initiatives aimed at growing the economy by empowering designated groups.

We have aligned our HR strategy with our employment equity plan, in turn based on company policy, to accelerate transformation. Employment equity targets are set across all divisions, monitored quarterly and reported to the executive committee. Divisions in turn are responsible for implementing measures to determine and monitor any potential barriers in the workplace, promote equality and prevent discrimination.

Challenging industry economic conditions, coupled with continuous monitoring of the corporate budget, has limited employment initiatives and hence our transformation targets.