COMMITTMENT TO THE B-BBEE SECTOR CHARTER

The committment of Barberry Group and its affiliated companies to the B-BBEE Act goes beyond satisfying mere compliance with legislation. It forms an integral part of Barberry’s business strategy to create a sustainable macroeconomic model. The pursuit of achieving the spirit of the act forms the basis of Barberry’s overall modus operandi.

The “...overarching vision is to develop a world class rail industry that will grow in size, stimulate economic growth and development, facilitate trade, compy with safety standards agreed with Railway Safety Regulator (RSR) Act 16 of 2002. In addtion deliver effecient and quality services to customers, and achieve a significant increase in black participation in ownership, management and employment in companies throughout the industry value chain. Stakeholders will pursue a growth strategy that prioritises the retention and creation of quality jobs.”

“...To make this vision become a reality will require a deliberate strategy to increase access to skills, capital and economic opportunities. This will require all stakeholders to recruit new black people into the industry and increase their skills (and those of existing employees) to best-practice international levels while creating a supportive culture for the talents to thrive. It will also require all stakeholders to facilitate the creation of new black owned enterprises (and the development of existing ones) who can participate in economic opportunities throughout the rail industry value chain.”

“Every company in South Africa must embrace Black Economic Empowerment (BEE) voluntarily, recognising that it is an economic imperative to secure a prosperous future for all our countries citizens.”

Extracted from the Rail Sub-Sector Code for B-BBEE gazetted
(21st August 2009) in terms of Section 9 (1) of the B-BBEE Act 53 of 2003



PKF Cert