Durban ICC improves on its economic empowerment rating

AFRICA - South Africa's Durban International Convention Centre has announced an improvement in its Broad-Based Economic Empowerment status from a Level 7 contributor to a Level 3 contributor in 2013.

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17 May 2013, 8:52am 

AFRICA – South Africa’s Durban International Convention Centre (ICC) has announced an improvement in its Broad-Based Economic Empowerment status (B-BBEE) from a Level 7 contributor to a Level 3 contributor in 2013.

Durban ICC say they have made a concerted effort to support the local community when selecting suppliers and vendors as well as investing in the development of its people. These efforts have resulted in 74 per cent of the ICC’s expenditure going to Black-owned businesses and an improvement of almost 400 per cent in the Skills Development element of the B-BBEE scorecard.

The ICC implements its B-BBEE policies in line with Government requirements and aims to contribute meaningfully to each transformation objective. The objectives include: direct empowerment through management control at a senior level; human resource development and employment equity; empowerment through preferential procurement; enterprise development and corporate social investment.

“B-BBEE is not only about compliance, but being committed to making a positive impact in the broader community in which we operate,” said Durban ICC Chief Executive Officer, Julie-May Ellingson (pictured). “Our new rating sends a clear message to the market that we are committed to transformation in South Africa.”

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