Compiling this year's Top Empowerment Companies was more of a logistical challenge than in 2004. The main reason is that it aims to provide an objective comparative analysis of companies' attempts to implement empowerment initiatives in an unregulated environment.

Most companies will have to deal with empowerment at some point and this publication makes it easier to face that reality by providing benchmarks and information.

Click here for the Black Empowerment website.

 
Financial Mail's Top Empowerment Companies 2005
Financial Mail Survey
 4 March 2005
CONTENTS
  Upfront
    		• Introduction - The measurement challenge
    		• Methodology - The seven pillars of empowerment
    		• In my opinion - The year sets the tone by Chia-Chao Wu
      The Winners
    		• Telkom - SA's most empowered company
    		• Phumelela - SA's second most empowered company
    		• The Don Group - SA's third most empowered company
      Sector Rankings
    		• Introduction - A clear picture of transformation
    		• Charters - Commitment to the principles of empowerment
    		• Retail winner - Top honours for Foschini
    		• Retail charter - No rush for an industry charter
    		• Food & beverages winner - Illovo's integrated stride to empowerment
    		• ICT winner - Telkom takes the laurels
    		• ICT charter - Back on track after a difficult year
    		• Health winner - Aspen is leader in a slow-changing industry
    		• Health charter - How to avoid last year's debacle
    		• Financial services winner - Brimstone's commitment pays off
    		• Financial services charter - A successful model for other sectors
    		• Resources winner - Northam wins amid hot debate on rankings
    		• Resources charter - Concerns about elite enrichment
    		• Basic industries winner - Ispat Iscor comes first in a lacklustre sector
    		• Construction charter - A heavy hand from government
    		• Hotels & leisure winner - Sun International's early start
    		• Manufacturing winner - Steinhoff's commitment to equal opportunity
    		• Transport winner - Super Group's super transformation
    		• Transport charter - Government is rapidly losing patience
    		• Media winner - Disclosure proves profitable for Primedia
    		• Support services winner - Head-on empowerment for Adcorp
    		• The charter - Too many sectors for a single charter
    		• General industrials winner - Small player Sekunjalo thinks big
      Empowerment factors
    		• Introduction - Time for the private sector to play its role
    		• Management - SA's boardrooms behind on transformation
    		• Employment equity and skills development - a delicate balance required
    		• Procurement - making an effort to find black-owned suppliers
    		• Enterprise development - assisting small business can boost ratings
    		• Ownership - Matodzi Resources takes top honours again
      State-owned enterprises
    		• Procurement - Eskom sets standards for others to follow
    		• Transformation - Government's shift in emphasis
    Top deals
    		• Introduction - BEE reigns supreme in the business landscape
    		• Takeover deals - Mvelaphanda's and Revserve's mature approach
    		• Preference shares - BEE deals in the financial services sector
    		• Incwala - Birth of a new natural resources player
    		• Leveraged buyouts - Tiso's important but little-known transaction
    		• Illovo - Agriculture sector steps up to the plate
    Tables
    Top 185 companies Transport
    Retail Media & entertainment
    Food & beverages Support services
    ICT General industrials
    Health Management rankings
    Financials Employment equity
    Resources Skills development
    Basic industries Procurement
    Leisure & hotels Enterprise development
    Manufacturing Ownership
    Click on each title to view the table

    Editorial team
    Financial Mail Editor: Barney Mthombothi.
    Projects editor: Stuart Theobald
    Top Empowerment Companies Editor: Itumeleng Mahabane.
    Production Editor: Margaret Harris. Art Director (print edition): Colleen Wilson
    Graphic artist (print edition): Vuyo Singiswa
    Writers:Chris Gilmour, Themba Hlengani, Mzwandile Jacks, Sizwekazi Jekwa, Sven Lnsche, Duncan McLeod, Jacqui Pile, Sibonelo Radebe, Brendan Ryan.
    Photographers: Hetty Zantman, Kelly Walsh, Jeremy Glyn, Robert Tshabalala, Russell Roberts, Arnold Pronto and Sally Chance

    Web team
    WebEditor: Jacqueline Bullard
    Web Assistant: Julie Gough

    Contact the Financial Mail:
    Click here for editorial queries.
    Click here for web queries

    Copyright: Financial Mail 2005

     

     


    Chia-Chao Wu

    Sizwe Nxasana


    Peter Malungani

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