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AFROCENTRIC GROUP
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GOVERNANCE
OUR SOCIAL IMPACT
TRANSFORMATION
The Group views transformation as a strategic objective that
enables the Group to drive towards achieving sustainable
healthcare. The Transformation Committee is responsible for
driving transformation and BEE compliance across the Group.
Transformation Committee’s key objectives:
• Track and report performance against the Broad-Based
Black Economic Empowerment (“B-BBEE”) scorecard
• Identify any risk, its cause, and then agree on an action plan
to remedy the out-of-line situation
• Measure performance against key competitors and industry
• Report back on implemented initiatives and projects,
progress and whether the initiatives assist us in achieving
our transformation objectives
• Monitor compliance and effectiveness of projects aimed at
driving transformation
• Monitor transformation and empowerment requirements as
specified by current and prospective clients
• Drive transformation and empowerment sector-specific
initiatives
• Ensure policies and procedures with regards to the five
B-BBEE elements, described on pages 107 to 109, are
documented and adhered to
• Ensure Preferential Procurement practices are consistently
aligned to B-BBEE imperatives
• Ensuring a coordinated framework within which the Group
will support small, medium and micro-sized enterprise
(“SMME”) development, with particular focus on the
empowering status of its suppliers in relation to its own
procurement activities
• Focus on the promotion of partnerships within the Group in
order to achieve B-BBEE priority objectives, with emphasis
on skills development, employment equity, enterprise and
supplier development and ownership
TRANSFORMATION COMMITTEE MEMBERS
The Transformation Committee comprises senior individuals
across all disciplines of business, tasked with driving the
different pillars of the B-BBEE scorecard.
THE NATIONAL EMPLOYMENT
EQUITY FORUM
The National Employment Equity Forum (“NEEF”) is responsible
for driving employment equity compliance in the Company. The
qorum is represented by employees, management and union
representatives and discusses the Company’s statistics,
performance towards the employment equity (“EE”) targets, the
effects of attrition, promotions and recruitment on the targets.
The forum is further supported by sub-committees which
represent the different business units. Information discussed
and presented at the NEEF is used as input into the
transformation committee.
SOCIOECONOMIC DEVELOPMENT
THE SED TEAM ARE RESPONSIBLE FOR:
Vetting proposals in order to determine whether the proposed
projects:
• will enable the Group to reach the objectives of
transformation strategy, B-BBEE and 10-point plan on
Health;
• fall into the priority areas of health, youth development, HIV/
Aids, as specified in the SED policy;
• are in line with the Group’s brand integrity and can be used
to strengthen AfroCentric’s brand; and
• have initiatives that focus on the upliftment of the
communities in which we operate, and partnering with
existing NGOs in the healthcare sector to assist with the
betterment of the quality of life and supporting their needs on
an ongoing basis.
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42
SED SPEND (Rs) – FY 2015/16
Home of Hope
PHEF and Social
Compact Fund
12
Charlotte Maxeke
Hospital School
74
PHEF and Social
Compact Fund
Bongi Ngema –
Zuma Foundations
17
SED SPEND (Rs) – FY 2016/17
AHL Bursary Fund
The Sunflower Fund
6 3