Broad-Based Black Economic Empowerment

We believe in full participation with regards to our country’s B-BBEE initiatives and continually strive to improve our B-BBEE level status.

Level 4 B-BBEE

CDC is a recognised Level 4 Broad-based Black Economic Empowerment
(B-BBEE) company with close to 60% black ownership and 100% procurement recognition levels.

This was achieved by incorporating the National Empowerment Fund (NEF) as a majority shareholder in 2009, and by striving to meet the scorecard targets in all aspects of our business.

B-BBEE recognised status

Our current B-BBEE status, as given by Economic Empowerment Rating Agency Empowerdex, is:
TYPESCORETARGET SCORE
Ownership25.0025.00
Management Control8.5219.00
Skills Development10.3120.00
Enterprise & Supplier Development34.1040.00
Socio-Economic Development5.005.00
TOTAL SCORE82.93109.00
Recorded Procurement Recognition Level100.00% 
  • Black ownership percentage rating: 57.86%
  • Black women ownership percentage rating: 30.02%

Need more details on our B-BBEE ratings?

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