Black economic empowerment
Suppliers are selected on merit and we make every effort to
ensure sthat they are not dependent on Eskom to be sustainable.(Refer to page 40).
In April 2008, we will start implementing the codes of good
practice for broad-based black economic empowerment
(BBBEE), issued by the Department of Trade and Industry.
Procurement systems, policies and procedures are being
updated to accommodate the six elements that will be
monitored for BBBEE recognition and reporting: management
control; employment equity; skills development; preferential
procurement; enterprise development; and socio-economic
development.
The focus of BBBEE in Eskom will be on the development of
businesses associated with the build programme, and especially
small businesses in rural areas around the new build sites.
Rural development
The Eskom rural development programme supports
government’s Integrated Sustainable Rural Development
Programme.
In 2008, the programme focused on building permanent
classrooms for schools and teaching educators to manage their
schools like a business. All planned projects were completed in
the financial year with expenditures in line with the R21 million
budget.
Infrastructure development:
- Altogether 21 schools have benefited from school infrastructure projects, where R14 million was spent replacing some 93 mud-structured classrooms, benefiting 5 416 learners.
- Five completed schools will be handed over to the Department of Education of Limpopo Province in May 2008
Capacity building for schools:
A total of 82 educators from 15 schools in the province of KwaZulu-Natal are participating in the programme where they are taught to manage a school like a business. Some 7 764 educators and learners will benefit from this initiative.
Nepad
In line with the aims of the New Partnership for Africa’s
Development (Nepad), and as an active member of the Southern
African Power Pool (SAPP), Eskom continues to support
development studies and energy trading within the sub-region.
In support of co-operation and to enhance the efficiency of the
interconnected transmission network joining countries, Eskom
held meetings with utilities in Angola, Botswana, Democratic
Republic of Congo, Mozambique, Namibia, Zambia and
Zimbabwe.
Corporate social investment
Focused corporate social investment initiatives, aligned with Eskom’s strategic objectives, are carried out through the Eskom Development Foundation (Foundation) to enhance the quality of life in target communities while maximising the strategic impact for Eskom.
The foundation is a wholly owned subsidiary of, and receives its mandate from, Eskom Holdings Limited. It is an association not for gain, incorporated under section 21 of the Companies Act.
The foundation provides support to economic and social projects through grants and donations, targeting communities where we implement our new build programme and the communities in which we operate.
The foundation approved grants and donations benefiting a total of 60 634 people (2007: 77 415) during the reporting period.
Summary of corporate social investment |
