Most Empowered Companies 2016
For over a decade Empowerdex has researched, listed and published The Most Empowered company’s results, showing the overall ranking of SA’s listed companies, according to their Black Economic Empowerment scores. This year is no different, especially with the effects of the amended BEE codes of good practice now being implemented by many companies.
Published by Independent Newspapers’ Business Report on the 7th of August, the top 10 Most Empowered Companies were announced for 2016. The full report was published on 16th October, consisting of a list of the Most Empowered Companies as verified against the 2007 Codes and its sector codes; as well as a separate 2013 codes Most Empowered Companies. These two lists give an indication of the extent of transformation in the country. As more and more companies are verified against the 2013 codes, it would give us a clearer understanding of where we stand as a country in terms of transformation and adherence to the principles of Broad Based Black Economic Empowerment. The research was carried out by Empowerdex, with editorial supplied by Intellidex, with our publishing partners, the Independent Newspapers.
We would like to extend our congratulations to the pioneering companies that top the 2013 list for achieving what most thought improbable. AEEI, Oceana, Tsogo Sun, Niveus, and HCI have lead the way, and we wish them continued success in this empowerment journey. We look forward to even more contenders next year as everyone settles into being assessed against these more challenging requirements.
Most Empowered Companies 2016 lists can be found below. For further queries, please contact the Research team on 011 883 8548.