• Unlocking Africa's Value

  • About Us

    Empowerdex assists businesses in acquiring clients and investors and guiding them in best-practice strategies, including compliance with B-BBEE where we promote programmes designed to withstand regulatory changes.
  • Empowerdex Credentials

    Our B-BBEE services include the full range of ratings, advisory, training, assurance services and research.
  • BEE Legislation

    What often seems complicated is straightforward when you understand it: find all the BEE-related legislation here.
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About Us

EMPOWERDEX MANAGEMENT

Top Manangement

Vuyo Jack (Executive Chairman)

Chia-Chao Wu (Deputy Executive Chairman)

Lerato Ratsoma (Managing Director)

Jenny Brebnor (Ratings Director)

 

Regional Managers

Jenny Brebnor, Ruaan Gijben, Tommy Pillay, Nyarai Pfende

 

Verification Managers

Motlatsi Malefane, Linda Ndamase

Research & Advisory

Tshepo Mokoena

 

Manager: Energy and Infrastructure

Steven Hawes

 

Sales, Marketing and Client Relations Manager

Zanele Mapisa

 

Assuredex

Nomzamo Xaba

KEY PROJECTS

  • Empowerdex was part of the team that consulted to the Department of Trade and Industry with respect to the development of the Codes of Good Practice for broad-based black economic empowerment.
  • Empowerdex has been actively involved with the Department of Agriculture in the updating of its AgriBEE initiative. It is in the process of conducing a benchmark study, aligning the sector's draft transformation charter with the guidelines set out in the Codes of Good Practice and conduced countrywide briefings to farmers in both rural and urban areas.
  • Empowerdex has just completed a sector audit for the Department of Minerals and Energy to determine private sector compliance against Petroleum and Liquid Fuels Charter.
  • Empowerdex was appointed by the Department of Communication as a consultant to measure the level of economic empowerment in the ICT sector and was part of the research team which supported the ICT sector steering committee in the development of the first three drafts of the ICT sector charter.
  • Empowerdex was appointed by the Department of Environmental Affairs and Tourism (DEAT) to create a comprehensive BEE index for the tourism sector. It also consulted to the DEAT in developing a BEE scorecard for the tourism sector, as well as developing a BEE procurement tool for the department.
  • Empowerdex was part of the consortium that studied the effects of affirmative procurement on economic empowerment on behalf of the Department of Public Service and Administrations.
  • Empowerdex assisted the Wine and Liquor Industry to draft a BEE industry Charter.
  • Empowerdex was appointed the official rating and accreditation agency for the Corporate Suppliers Development Forum. The forum members include corporations such as Standard Bank, Nedcor, Sentech, SAB, Coca Cola and Rand Water. The members aim to identify and develop BEE suppliers through affirmative procurement initiatives.
  • Empowerdex has also assisted JSE listed companies and other large South African corporates such as the South African Breweries (SAB), Distell and Medscheme in the development and improvement of their BEE frameworks and strategies.
  • Empowerdex compiles the annual Top Empowerment Company published by Financial Mail, which studies and ranks the top 200 JSE companies in terms of broad-based black economic empowerment.

EMPOWERDEX CREDENTIALS

Key Clients

 

  • Accenture SA (Pty) Ltd
  • Adcorp Limited
  • Afric Oil
  • African Oxygen Ltd (Afrox)
  • Anglo Gold Ashanti
  • Barloworld
  • Bell Dewar
  • Bidvest
  • Bowman Gilfillan                      
  • Budget Rent A Car
  • Citi Bank
  • DHL
  • Ernst and Young                                
  • Fidelity Security Services
  • Gijima AST
  • HP South Africa
  • Investec Asset Managers        
  • Jasco Electronics Holdings Limited
  • JP Morgan
  • KPMG
  • Massmart Holdings
  • McCarthy ACSA
  • Mobile Telephone Network (MTN)
  • Nampak Ltd
  • Nashua Central
  • Nashua Mobile
  • Netcare Limited
  • Philips South Africa
  • PriceWaterhouse Coopers                               
  • Primedia Outdoor
  • Proctor and Gamble
  • Samsung South Africa
  • Siemens
  • Standard Bank South Africa
  • Sun International Limited
  • Tsogo Sun Holdings

About Us

Introduction

Empowerdex is an independent economic empowerment rating and research agency founded in 2001 by Vuyo Jack and Chia-Chao Wu. The company’s mission is to provide support to both the public and private sectors in accelerating broad-based black economic empowerment in South Africa, thereby helping to bridge the gap between the country’s first and second economies. Through our services, Empowerdex assists economic entities in the management of both systematic and company-specific economic empowerment opportunities and risks.

We have conducted BEE ratings since 2001 and completed over 6000 ratings of all sizes in all provinces. We are based throughout South Africa and have offices in Johannesburg, Cape Town, Durban and Pretoria. Empowerdex were instrumental in Sector Charter Development – Tourism, AgriBEE and DWAF.

 

Empowerdex Founders

Empowerdex is the brainchild of its founders and directors, Vuyo Jack and Chia-Chao Wu. Though the first deals concluded in the name of black economic empowerment were announced as early as the 1990's, before Empowerdex came into being, there was no independent means of verifying or measuring BEE initiatives or progress in South Africa.

Jack and Wu, both qualified CA's from the University of the Witwatersrand, met as undergraduate students at Wits University, when they were selected to represent South Africa at an international leadership conference in Cyprus, sponsored by Coopers & Lybrand. It was then that the idea to one day start a business was born.

Before launching Empowerdex, Jack and Wu consulted with international credit rating agency Moodys, in London. From there, they developed Empowerdex's rating methodology, a pioneering concept at the time. Over the years, this methodology has been adapted to be in line with the dti's Strategy on Broad-Based BEEthe BEE Act and the draft Codes of Good Practice. Both Jack and Wu consulted to the dti on the first phase of the Codes of Good Practice and continue to advise the dti on the second phase of the Codes.

Vuyo Jack - Executive Chairman

Vuyo JackVuyo Jack grew up in Dube, Soweto where he toyed with the idea of becoming a film director, before a family friend in merchant banking changed his mind. He then decided to study accounting which he sees as a critical basis for informed economic decision-making, in the sense that it is the central measure of business performance. Since co-founding Empowerdex, Vuyo was appointed as a member of the dti's BEE Task Team in 2003 and has advised both government departments as well as various corporates on matters of BEE.

Vuyo has a weekly column in Sunday's Business Report on issues surrounding BEE. Click here to view his latest columns.

In addition to his role as Executive Chairman of Empowerdex, Vuyo lectures Financial Accounting at Wits on a part-time basis.

 

Chia-Chao Wu - Executive Deputy Chairman

Chia-Chao Wu is the son of Taiwanese entrepreneurs from whom he has inherited his entrepreneurial nature. After moving to South Africa in 1985, his parents started up a business in Lesotho, under the Apartheid regime. Chia-Chao says that his parents success in the face of adversity, helped to shape him in this youth.

In 2002, Chia-Chao steered Empowerdex into the sphere of BEE research with the release of South Africa's first empowerment-based survey, better known today as Empowerdex's Top Empowerment Companies survey, published in partnership with the Financial Mail. In 2003, Chia-Chao formed part of the Empowerdex consortium which analysed the progress of BEE within the ICT industry, on behalf of the Department of Communications. In 2004, Chia-Chao was appointed by the Department of Environmental Affairs and Tourism to support the Tourism Charter's Steering Committee in the development of the Tourism BEE Charter.

In addition to being a CA, Chia-Chao is a qualified Chartered Financial Analyst, with Honours degree in Finance as well as a Masters degree in Commerce. Chia-Chao spent four years lecturing Finance and Investment at post-graduate level at Wits on a part-time basis, whilst completing his articles.