The manufacturing sector remains one of the least transformed in the South African economy. One cannot over-emphasize the need for and the importance of pursuing the transformation agenda because in South Africa transformation makes fundamental business sense. SEIFSA recognises this importance and seeks to reward the organisation that has made the greatest strides in respect of transformation within the sector. Most importantly, diversity supports not only a company’s strategic imperatives, but also the national transformation agenda, which is critical for South Africa’s socio-economic progress.
This Award recognises the organisation that embraces transformation through a learning culture, drives an effective enterprise and supplier development agenda, embraces employment equity at all levels and inculcates the acceptance of diversity in the workplace. It also acknowledges that to be a good corporate citizen, companies need to embrace fully the philosophy and principles of transformation by redressing past inequalities, embedding the principles of BBB-EE into their DNA, securing long-term stability and growth not only for their company, but also for the sector, and enhancing economic growth outlook, creating a diverse workforce, and ensuring that empowerment activities add value and contribute sustainably.
This year there were four entrants for the Most Transformed Company of the Yea. The deserving organisation employs over 1000 employees and continues to advance transformation, as best practice, and to serve as a benchmark for other companies to follow. Judges did not need to deliberate too long because the winning organisation demonstrated massive strides in its transformation agenda.
As Judges in this category, we were overall impressed by the work done by this Johannesburg-based company. It has indeed embraced the challenges of the new, amended BBB-EE Codes with a firm commitment. Skills Development at this company has become the cornerstone of its transformation agenda.
Ladies and Gentlemen, the richly-deserving Winner of the 2017 Most Transformed Company of the Year Award is —– Weir Minerals. We are delighted to present the Award to Weir Minerals and heartily congratulate the company.