Savanna Harvest Supermarket — Broad-Based Black Economic Empowerment (B-BBEE)
Savanna Harvest Supermarket is committed to meaningful compliance with the Broad-Based Black Economic Empowerment Act and the Amended Codes of Good Practice. The Company’s B-BBEE strategy is not merely a compliance exercise but reflects a genuine commitment to transformation and economic inclusion…
Section 18 · Business Plan
Broad-Based Black Economic Empowerment (B-BBEE)
Savanna Harvest Supermarket is committed to meaningful compliance with the Broad-Based Black Economic Empowerment Act and the Amended Codes of Good Practice. The Company’s B-BBEE strategy is not merely a compliance exercise but reflects a genuine commitment to transformation and economic inclusion…
Savanna Harvest Supermarket is committed to meaningful compliance with the Broad-Based Black Economic Empowerment Act and the Amended Codes of Good Practice. The Company’s B-BBEE strategy is not merely a compliance exercise but reflects a genuine commitment to transformation and economic inclusion within the Limpopo community.
18.1 B-BBEE Scorecard Targets
| Element | Weighting | Target Score | Key Initiatives |
| Ownership | 25 points | 25 | 51%+ black ownership through founding shareholders and BEE partner |
| Management Control | 19 points | 15 | Black representation in senior management and board |
| Skills Development | 20 points | 16 | Annual staff training budget of 3% of payroll; learnerships |
| Enterprise & Supplier Development | 40 points | 32 | Preferential procurement from black-owned suppliers; local farmer support |
| Socio-Economic Development | 5 points | 5 | Community investment of 1% of net profit after tax |
| Total | 109 points | 93+ | Target: Level 2 Contributor |
Achieving Level 2 B-BBEE contributor status will provide the Company with a competitive advantage when tendering for government and corporate supply contracts, and will position the business favourably with suppliers who prioritise B-BBEE compliant customers in their pricing and allocation decisions.
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