TSOGO SUN RANKED 3RD MOST EMOPOWERED JSE-LISTED COMPANY
In the week, Tsogo Sun announced that it has ranked third on the Johannesburg Stock Exchange (JSE) Top 100 Most Empowered Companies for the second consecutive year. As a Level 1 B-BBEE contributor, Tsogo Sun has an135% B-BBEE procurement; 62.10% effective black ownership and 34.44% effective black women ownership recognition. Against the Tourism Sector Scorecard, the group received 101.52 points out of a total available 111. In addition, the group (in the financial year ending 31 March 2017) invested R93 million (in value) in support of emerging black owned small, medium and micro enterprises in South Africa. In the same period, the group’s Socio-Economic Development initiatives reached 46 398 learners through education and job-readiness community programmes
We extend our sincere congratulations to Tsogo Sun for setting the Transformation bar so high, as well as making Transformation and Empowerment a key organisational priority.