Transportation, logistics and supply chain service provider Cargo Carriers has responded to the South African government’s Broad-Based Black Economic Empowerment (BBBEE) regulations with enthusiasm and has a host of initiatives in the pipeline.
“BBBEE regulations actually talk to our company’s values; for Cargo Carriers, the regulations align with the Cargo Way. We have been very busy with projects and programmes to improve our scorecard and are very proud of our recent rating,” comments Cargo Carriers audit and risk manager Diana Padayachee.
She points out that companies are scored on a ranking scale of one to eight and scores are based on seven pillars linked to the BBBEE Codes of Good Practice.
Padayachee adds that in the 2016 verification, Cargo Carriers achieved a Level 3 BBBEE rating, having improved its rating from Level 4.
“There are many factors this is attributable to, including the employment equity pillar which has improved by 17% and skills development having increased by 12%. Valuing the importance of education, the company has placed a strong focus on training of disabled learners and diesel mechanic apprentices at its Cargo Carriers training academy - a Manufacturing, Engineering and Related Services Sector Education and Training Authority- certified training centre in Sasolburg,” she highlights.
Moreover, Padayachee points out that upskilling employees is also high on the company’s agenda, as it aims to equip staff to become decision-makers and hone their leadership skills.
She illustrates that an Advanced Management Programme for general managers and divisional directors was introduced, as well as the Management Development Programme and Introductory Management Development Programme, further equipping decision-makers and client-facing managers with best-in-class skills. “Going forward, the company will continue to boost skills development and training of their workforce.”
Further, Padayachee notes that procurement continues to achieve a high ranking in the BBBEE scorecard and has increased incrementally since 2007, while the company continues to assist with development of suppliers and subsequently continues to score highly in this regard.
“Innovation lies at the heart of the Cargo Carriers way and, as such, we are constantly looking for new and better ways of doing business in order to improve performance. More effective products, processes, services, technologies and ideas are all methodologies the company uses to establish newness and freshness,” she emphasises.
Padayachee mentions that the Employee Share Ownership Programme is one such concept the company is currently implementing. “Providing shares to our employees is a way of thanking them for their loyal and dedicated service to our company.”
She further details that the health and wellness of employees is paramount to the company, and programmes have been in place for many years to ensure a healthy workforce. These programmes now form a part of the socioeconomic development rating, which continuously enjoys maximum points on the seven-category scorecard.
“We are confident of excellent future rankings on the BBBEE scorecard. We are addressing all sorts of innovative ways to ensure our key stakeholders benefit from the regulations. Our commitment to our customers and government is unwavering as we transform our business to provide an even better service to all,” Padayachee concludes.