Financial Mail / Empowerdex Top Empowerment Companies 2009
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 2009. The survey is now in its sixth 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.
2009 Results
| Rank 2009 |
Total BEE Score |
Company |
Sector |
| 1 |
88.71% |
Adcorp Holdings Ltd |
Support Services |
| 2 |
84.63% |
Hosken Consolidated Investments Ltd |
Financial Services |
| 3 |
82.45% |
Nedbank Group Ltd |
Financial Services |
| 4 |
82.28% |
Kelly Group Ltd |
Support Services |
| 5 |
80.92% |
GIJIMA AST GROUP Ltd |
ICT |
| 6 |
79.06% |
Glenrand MIB Ltd |
Financial Services |
| 7 |
77.76% |
AdaptIT Holdings Ltd |
ICT |
| 8 |
76.17% |
Tongaat Hulett Ltd |
Food & Beverages |
| 9 |
75.74% |
Faritec Holdings Ltd |
ICT |
| 10 |
75.57% |
FirstRand Ltd |
Financial Services |
| 11 |
75.42% |
Netcare Ltd |
Health Care |
| 12 |
75.13% |
Primeserv Group Ltd |
Support Services |
| 13 |
72.40% |
Standard Bank Group Ltd |
Financial Services |
| 14 |
71.77% |
Merafe Resources Ltd |
Resources |
| 15 |
71.31% |
Oceana Group Ltd |
Food & beverages |
| 16 |
70.41% |
Discovery Holdings Ltd |
Financial Services |
| 17 |
69.46% |
Investec Ltd |
Financial Services |
| 18 |
69.35% |
Metropolitan Holdings Ltd |
Financial Services |
| 19 |
69.21% |
Old Mutual plc |
Financial Services |
| 20 |
69.14% |
Sun International Ltd |
Hotels & Leisure |
| 21 |
68.84% |
Paracon Holdings Ltd |
ICT |
| 22 |
68.37% |
Cashbuild Ltd |
Retail |
| 23 |
68.18% |
Naspers Ltd |
Media |
| 24 |
67.54% |
Medi-Clinic Corporation Ltd |
Health Care |
| 25 |
66.78% |
Business Connexion Group Ltd |
ICT |
| 26 |
66.76% |
Seardel Investment Corporation Ltd |
Manufacturing |
| 27 |
66.17% |
Phumelela Gaming and Leisure Ltd |
Hotels & Leisure |
| 28 |
65.79% |
Aspen Pharmacare Holdings Ltd |
Health Care |
| 29 |
65.59% |
Enaleni Pharmaceuticals Ltd |
Health Care |
| 30 |
65.49% |
Sanlam Ltd |
Financial Services |
| 31 |
65.36% |
Stefanutti & Bressan Ltd |
Basic Industrials |
| 32 |
65.35% |
Allied Electronics Corporation Ltd |
General Industrials |
| 33 |
65.30% |
Santam Ltd |
Financial Services |
| 34 |
65.19% |
Cadiz Holdings Ltd |
Financial Services |
| 35 |
65.09% |
Super Group Ltd |
Transport |
| 36 |
64.56% |
Kagiso Media Ltd |
Media |
| 37 |
64.51% |
Sekunjalo Investments Ltd |
General Industrials |
| 38 |
64.14% |
Aveng Ltd |
Basic Industrials |
| 39 |
63.83% |
Grand Parade Investments Ltd |
Financial Services |
| 40 |
62.67% |
Brimstone Investment Corporation Ltd |
Financial Services |
| 41 |
62.44% |
Mondi Ltd |
Resources |
| 42 |
62.20% |
Absa Group Ltd |
Financial Services |
| 43 |
61.10% |
Bell Equipment Ltd |
General Industrials |
| 44 |
60.79% |
Group Five Ltd |
Basic Industrials |
| 45 |
60.74% |
Growthpoint Properties Ltd |
Property |
| 46 |
59.78% |
Exxaro Resources Ltd |
Resources |
| 47 |
59.20% |
Illovo Sugar Ltd |
Food & beverages |
| 48 |
58.44% |
Wilson Bayly Holmes - Ovcon Ltd |
Basic Industrials |
| 49 |
58.19% |
EnviroServ Holdings Ltd |
Support Services |
| 50 |
57.82% |
Foschini Ltd |
Retail |
Top Empowerment Companies 2009
Top Empowerment Companies 2008
Top Empowerment Companies 2006
Top Empowerment Companies 2005