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Sekunjalo Investments Limited, a black controlled investment holding company has been named the country’s most empowered company. This prestigious award was released today by the Financial Mail/Empowerdex Top Companies Awards for 2010.
In recent years, the Financial Mail/Empowerdex Awards have authoritatively ranked Sekunjalo in 2006 as the Top Empowerment Company and in 2004 and 2005 as one of the Top Empowerment Companies (2nd and 7th respectively) out of the Top 200 companies listed on the JSE. Sekunjalo has also won the award in its sector in 2004, 2005, 2006 and now 2010.
Whilst the award considers empowerment factors (such as black ownership, black management, employment equity) when deciding its scores for companies, additional factors such as employment equity, skills development, preferentially procurement, enterprise development and social economic development are also taken into account.
Sekunjalo won the overall award as well as being ranked first in the Financial Sector as well as number one on black ownership. The Group also scored highly in Enterprise Development, Employment Equity and Socio Economic Development.
Executive Chairman, Dr Iqbal Survé was proud that Sekunjalo has been again recognized as South Africa’s most empowered company. He said that this recognition validates Sekunjalo’s empowerment model and consolidates its position as the pre-eminent black partner of choice with a strong commitment to South Africa and its people. Dr Survé also commented that he was in fact more pleased with the high ranking that Sekunjalo received for the areas of enterprise development and socio economic development which recognize the company’s efforts in working towards finding solutions to poverty and unemployment in South Africa. “Sekunjalo’s philosophy of the seven P’s of being purpose driven, profitable, building meaningful partnerships, a people’s centered organisation, pro-poor in its approach and pro-development as well as putting the planet (through its sustainable initiatives) at the core of its business approach is critical to its role as a responsible corporate citizen.
Dr Survé said today that empowerment and socio economic development go hand in hand and are the crucial building blocks of a new and more inclusive society. Empowerment must be about embracing the skills of all South African’s, black and white through a value system that achieves meaningful socio economic transformation.
Dr Survé has said that this award is an acknowledgement of the visionary role and guidance of the Board of Sekunjalo and of the execution of the empowerment ethos by the CEO Mr Khalid Abdulla and his management team. He thanks “all Sekunjalo’s partners for the valuable role that they have played in ensuring that the company’s journey to make a significant contribution in empowering our people and economic development continues.”
For further information, please contact:
Cherie Hendricks
Chief Corporate Officer
021 419 0124
083 718 4493
Cape Town
30 April 2010
Sponsor
PSG Capital (Pty) Limited
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