|
Barloworld Equipment has aligned itself with the Department of Trade and Industry’s draft Codes of Good Practice. The company's BEE efforts have been focused on the Human Resource Development, Indirect Empowerment and Residual elements of the scorecard. Barloworld Equipment has also embraced the Barloworld Group’s initiative to facilitate the establishment of empowered SMEs and discussions have been held with appropriate suppliers.
A notable milestone in 2005 has been the acquisition of an initial 30% share in Barloworld Equipment subsidiary Umndeni Circon by Graceful Equity Two, a Western Cape black economic empowerment investment company.
|
