Supergroup

11/04/2010

Super Group wins Metropolitan Oliver Empowerment Award

Super Group has been recognised as the Top Empowered Company in the Transport sector at the ninth annual Metropolitan Oliver Empowerment Awards. This is the second year in a row that the company has received this award.

Companies have their Broad Based Black Economic Empowerment (BBBEE) compliance measured annually and expressed in terms of one of eight recognition levels, with a Level 8 contributor being the least compliant. Super Group is rated as a Level 3 BBBEE contributor. This means that customers are entitled to claim 110% of their expenditure with Super Group as BEE procurement spend.

The improvement in Super Group’s BBBEE rating was largely achieved due to the group’s continued focus on Enterprise Development and Skills Development across the organisation.

This comes on the back of the group’s encouraging interim results and signs of a turnaround at the company after a difficult year of restructuring and consolidation. A new management team is on board led by CEO Peter Mountford who has been responsible for guiding the business through this transitional period.

“Super Group has always led the way in promoting Black Economic Empowerment within our industry,” said Peter Mountford, CEO of Super Group. “We are committed to the BEE values that we uphold and are proud to once again receive recognition via the prestigious Metropolitan Oliver Empowerment Awards.”