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 1 Broad-based Black Economic Empowerment
(B-BBEE) company with over 84% 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:
TYPE SCORE TARGET SCORE
Ownership 25.00 25.00
Management Control 10.41 19.00
Skills Development 8.45 20.00
Enterprise & Supplier Development 44.03 40.00
Socio-Economic Development 5.00 5.00
TOTAL SCORE 92.89 109.00
Recorded Procurement Recognition Level 100.00%  
  • Black ownership percentage rating: 84.30%
  • Black women ownership percentage rating: 36.46%

Need more details on our B-BBEE ratings?

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