Level 1 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%
