Annual Report 2009
 
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Performance overview         
Sustainability highlights    
 
     
     
 
28 860 lives touched by our capital
R5 204 million invested in employees
125% BEE procurement recognition level in terms of the BEE codes
87,29% direct BEE ownership
70% of the directors of Mvelaphanda Group Limited are black people
46% black employees are in top, senior and middle management positions

 

At Mvelaphanda Group, sustainable development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Sustainability has three pillars – the needs of people, the ability to fulfil these needs in the future and ensuring that these are not in conflict with economic growth (profit). These three pillars are not of equal standing. The needs of people are clearly at the core of the definition, and in this respect economic growth can only be seen as a means to this end. Mvelaphanda Group therefore does not promote business practices which give preference to short-term gain at the expense of future generations’ well-being.

     
     
 
   
 
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