Financial Mail / Empowerdex Top Empowerment Companies 2010
Empowerdex is proud to announce this year's Top Empowerment Companies results. These results were compiled after collecting data from companies listed on the main board of the JSE, for the annual Top Empowerment Companies Survey, which was published in the Financial Mail in March 2010. The survey is now in its seventh year and has become a regular feature of the Financial Mail's special publications schedule. The survey is aimed at providing the public with a snapshot of the empowerment status of JSE-listed companies in order to raise awareness of Broad-Based Black Economic Empowerment (B-BBEE) and stimulate the use of B-BBEE as a competitive advantage.
With clarity on the Codes of Good Practice now being provided by the dti after the Codes were gazetted in February 2007, many companies have progressed their empowerment strategies further and have begun to implement B-BBEE more readily. The Top Empowerment Companies Survey is a mechanism to measure and monitor the empowerment achievements of the listed companies and rank the top 200 listed companies according to their scores.
The scope of participants in this survey is comprised of all the companies listed on the JSE, other than those on the venture capital and development boards. Also, Alt-X companies were not included in this year's survey.
Scoring Methodology:
Although Empowerdex recognises the progress made by certain sectors in terms of the development of Sector Codes; however, in order to facilitate meaningful comparisons between various sectors, all companies will be scored according to the methodology prescribed in the B-BBEE Codes of Good Practice (the generic codes). The information requested in the submission form attached is sufficient to fulfill the requirements of the generic codes.
The scores presented here are not verified by Empowerdex and, thus, do not constitute a valid basis for determining the procurement recognition level of each company. It remains, however, that many scores were derived from B-BBEE rating certificates submitted by participants in the survey.
Contact information:
For information relating to this survey, or any other further information you may require, please contact Steven Hawes on (011 883-8548) or email him on shawes@empowerdex.com
Best Regards,
The Empowerdex Research Team.
2010 Results
|
Rank 2010
|
Company
|
Sector
|
Total BEE Score
|
|
1
|
Sekunjalo Investments Ltd
|
Financials
|
90.80
|
|
2
|
Adcorp Holdings Ltd
|
Services
|
88.05
|
|
3
|
Nedbank Ltd
|
Financials
|
86.40
|
|
4
|
Kagiso Media Ltd
|
Media
|
86.25
|
|
5
|
Brimstone Investment Corporation Ltd
|
Financials
|
83.84
|
|
6
|
Hosken Consolidated Investments Ltd
|
Financials
|
82.12
|
|
7
|
Glenrand MIB Ltd
|
Financials
|
80.43
|
|
8
|
Firstrand Ltd
|
Financials
|
79.55
|
|
9
|
Group Five Ltd
|
Basic Industrials
|
78.77
|
|
10
|
Kelly Group Ltd
|
Services
|
78.28
|
|
11
|
Tongaat Hulett Ltd
|
Food & Beverages
|
78.23
|
|
12
|
Gijima AST Group Ltd
|
ICT
|
78.21
|
|
13
|
Netcare Ltd
|
Health Care
|
77.98
|
|
14
|
Metropolitan Holdings Ltd
|
Financials
|
76.75
|
|
15
|
EOH Holdings Ltd
|
ICT
|
76.46
|
|
16
|
Business Connexion Ltd
|
ICT
|
76.32
|
|
17
|
Primeserv Group Ltd
|
Services
|
76.17
|
|
18
|
Standard Bank of South Africa Ltd
|
Financials
|
75.77
|
|
19
|
Datacentrix Holdings Ltd
|
ICT
|
75.68
|
|
20
|
Super Group Ltd
|
Transport
|
75.31
|
|
21
|
Barloworld Ltd
|
General Industrials
|
75.24
|
|
22
|
Pretoria Portland Cement Ltd
|
Basic Industrials
|
75.17
|
|
23
|
AdaptIT Holdings Ltd
|
ICT
|
75.08
|
|
24
|
Workforce Holdings Ltd
|
Alt-X
|
75.07
|
|
25
|
Phumelela Gaming and Leisure Ltd
|
Travel & Leisure
|
73.68
|
|
26
|
Coronation Fund Managers Ltd
|
Financials
|
73.23
|
|
27
|
City Lodge Hotels Ltd
|
Travel & Leisure
|
73.14
|
|
28
|
African Oxygen Ltd
|
Basic Industrials
|
72.78
|
|
29
|
AfroCentric Investment Corportation
|
Food & Beverages
|
72.65
|
|
30
|
Sun International Ltd
|
Travel & Leisure
|
71.95
|
|
31
|
Naspers Ltd
|
Media
|
71.88
|
|
32
|
Oceana Group Ltd
|
Food & Beverages
|
71.76
|
|
33
|
Paracon Holdings Ltd
|
ICT
|
71.71
|
|
34
|
Allied Electronics Corporation Ltd
|
General Industrials
|
71.57
|
|
35
|
Medi-Clinic Corporation Ltd
|
Health Care
|
71.38
|
|
36
|
Absa Ltd
|
Financials
|
71.36
|
|
37
|
Imperial Holdings Ltd
|
Transport
|
71.22
|
|
38
|
Merafe Resources Ltd
|
Resources
|
70.86
|
|
39
|
Sanyati Holdings Ltd
|
Basic Industrials
|
70.49
|
|
40
|
Trans Hex Group Ltd
|
Resources
|
70.47
|
|
41
|
Santam Ltd
|
Financials
|
70.47
|
|
42
|
Discovery Holdings Ltd
|
Financials
|
69.96
|
|
43
|
Cashbuild Ltd
|
Retail
|
69.68
|
|
44
|
Eqstra Holdings Ltd
|
General Industrials
|
69.61
|
|
45
|
Old Mutual Plc
|
Financials
|
69.30
|
|
46
|
Aspen Pharmacare Holdings Ltd
|
Health Care
|
69.20
|
|
47
|
Liberty Holdings Ltd
|
Financials
|
69.19
|
|
48
|
Bidvest Group Ltd
|
Services
|
68.52
|
|
49
|
Allied Technologies Ltd
|
ICT
|
68.50
|
|
50
|
Vodacom
|
ICT
|
68.35
|
Top Empowerment Companies 2009
Top Empowerment Companies 2008
Top Empowerment Companies 2006
Top Empowerment Companies 2005