BEE Press Release

Successful Events sees Black Economic Empowerment as the imperative process of seeking, pursuing and managing opportunities to enable real and sustainable participation of previously disadvantaged people in the company and hence in the South African economy.

Our goal is at a Company level to re-dress the imbalances of South Africa’s past, and to contribute to the real transformation, growth and success of South Africa. We aim to use the Broad Based Black Economic Empowerment Act, the Codes of Good Practice on Broad Based Black Economic Empowerment for guidance and in order to measure progress with the defined empowerment objectives. We have put in place processes to ensure that year on year our empowerment initiatives per broad based category are pre-determined, pre-planned and that we achieve the goals we have set. We also will ensure that year on year the empowerment initiatives we have implemented can be measured, are measured and are documented. Our goal is to ensure that year on year there is an upward movement on the empowerment of Successful Events:

Identified empowerment categories

Skills development
Mentorships and sponsorships
Representation and employment equity
Ownership and joint venture partnerships
Preferential procurement
Enterprise development
Social Responsibility programmes

Progress to date

• we have implemented a company structure that has resulted in 31 % black ownership of Successful events
• we have implemented a mentorship programme.
• we have provided opportunities for wealth creation to previously disadvantaged groups by promoting and supporting them within the company – and through following a structured employment equity programme
• we have implemented a programme to do business with like-minded supplier partners
• we have implemented a programme to support black business at a procurement level
• we have an active social responsibility programme

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