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Skip Navigation LinksHome > Transformation > Commitment to BBBEE
Edcon BBBEE Certificate
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Commitment to BBBEE
A New Direction

As a company the size and stature of the Edcon Group we realised that we need to play a more strategic and meaningful role in influencing and shaping Governments National Policy on Transformation.
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Commitment
Broad Based Black Economic Empowerment (BBBEE) as defined by Government is an integrated and coherent socio-economic process that directly contributes to the economic transformation of South Africa and brings about significant increases in the number of black people that manage, own and control the country's economy as well as significant decreases in the income inequalities.
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Support BBBEE
2008 - Edcon is recognised by the Black Management Forum as a leading company that advances Women in Management positions. The international annual Corporate Research. Foundation “Leading Managers” survey awarded Edcon with a best practise award for implementation of BBBEE.
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Staff Empowerment
I Share-Yethu

The 2005 financial year saw the creation of a staff empowerment Trust. In line with the Broad-Based Black Economic Empowerment Codes of Good Practice, it is an initiative that emphasises Edcon’s ongoing commitment to contributing to the transfer of wealth to our employees, while creating an opportunity for the interests of staff to remain aligned to the economic interests of the Company. The Trust shareholding represents an effective 9.7 of Edcon’s shareholding.

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