Empowerment & Transformation

Barloworld Limited announced its broad-based black economic empowerment (BBBEE) transaction in 2008. The transaction included shareholdings for employees, community service groups, an education trust and strategic black partners. This translated into an effective 29% empowerment of Barloworld’s South African operations.

The allocation of shares to South African employees has the important spin-off of improved staff retention and loyalty, with corresponding benefits for customers.

Please find our downloadable BBEEE Certificate here 

Loading