Broad-Based Black Economic Empowerment
Super Group has embraced the concept of Broad-Based Black Economic Empowerment (B-BBEE) and as such developed a corporate policy framework that incorporates all of its interventions.
On 1 October 2012, the shareholders of Super Group approved a B-BBEE Scheme for the Black (as defined by the Black Economic Empowerment (BEE) Act) staff. The Group has empowered its South African operations by allocating an effective 10.04% ownership of the South African operations to the Black South African Super Group employees. Super Group Holdings, the holding company for the Group’s South African operations, received a Level 2 B-BBEE Contributor status for the year ended 30 June 2017.
B-BBEE gender representation for management (South Africa):
The South African operations spent 1.59% (2016: 0.67%) profit after taxation on Enterprise Development and supplier development.