Streamworks embraces BEE
June 2004
News
Economic empowerment is an integral part of South Africa's transformation process, encouraging the redistribution of wealth and opportunities to previously disadvantaged communities and individuals and people with disabilities. The empowerment process has been identified as crucial to the future viability of the country's economy.
In line with a commitment to enhancing its empowerment strategy, Super Group is pleased to announce that an empowerment transaction is currently taking place with PEU Investment Group. PEU will acquire an equity holding of 25,1% in Super Group that is sure to result in strengthening Super Group's market position in its key business areas. A 25,1% shareholding by PEU in Super Group means that Super Group will become the leading black economic empowered company within the industries in which it operates.
This is good news for Streamworks clients who are faced with procurement challenges relating to dealing with suppliers who are required to be black economic empowered. Chairman of the ITC empowerment charter working group, Dali Mpofu, stated last week that between 30% and 60% of all procurement would have to be from black empowered businesses by 2009. Streamworks, in partnership with Super Group Supply Chain Management, is pleased to announce that it is part of a black economic empowered company and looks forward to new business opportunities that may arise through this.
For more information contact Shannon Heunis, Streamworks, 011 803 4376, [email protected], www.streamworks.co.za
Further reading:
Meeting the Western Cape’s occupational health and safety needs
News
“A-OSH EXPO Cape Town is a dedicated platform where visitors can explore the latest products, services and training to safeguard their teams, improve workplace conditions, and ensure compliance with evolving legislation.
Read more...
SKF crowned champions in Sishen service provider competition
SKF South Africa
News
SKF wins Sishen service provider competition.
Read more...
Bühler hosts Student Career Expo
News
Bühler Southern Africa recently hosted its fourth annual Student Career Expo, reaffirming its commitment to inspiring and guiding the next generation towards diverse and rewarding career possibilities.
Read more...
Navigating global uncertainty through human-centred risk management
News
Global uncertainties are no longer exceptional events, they are the environment in which we work. This reality places new demands on how we manage risk.
Read more...
Africa Automation Indaba 2026: Catalysing a connected, competitive industrial future
News
Africa’s automation and process control landscape is poised for a major milestone with the launch of the Africa Automation Indaba, taking place from
13 to 14 May 2026 at the Radisson Collection Hotel, Waterfront, Cape Town.
Read more...
The unseen crisis in our taps
News
South Africa’s water crisis is no longer looming. It is already here. To move forward, water treatment must become part of a broader infrastructure renewal agenda. This includes decentralised solutions, private-sector innovation and long-term investment.
Read more...
German experts for bulk solids measurement technology join forces
Mecosa
News
MÜTEC Instruments in Germany has acquired DYNA Instruments. the German manufacturer of inline moisture and mass flow measurement systems.
Read more...
Specialised Exhibitions transitions to new name: Montgomery Group Africa
News
As part of a strategic move to streamline operations, strengthen regional alignment and support long-term growth, Specialised Exhibitions has transitioned to a new name: Montgomery Group Africa.
Read more...
RS South Africa and Qhubeka empower learners through the gift of mobility
RS South Africa
News
RS South Africa, in partnership with Qhubeka Charity, is continuing to make a tangible difference in the lives of South African learners through its bicycle donation initiative.
Read more...
A technical partnership that lasts
Omniflex Remote Monitoring Specialists
News
Ian Loudon, international sales and marketing at remote monitoring specialist, Omniflex reflects on the longevity of the partnership with Sasol, the key technology milestones along the way, and the most recent project in South Africa.
Read more...
printer friendly version