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TRANSFORMATION
‘The success of our transformation approach is not defined by the numbers, but rather by the spirit in which we embrace this key strategic
business imperative’
entrepreneurs now contracted to Adcock Ingram’s distribution
service. The Company empowers the drivers through training in
various standard operating procedures and shares with them new
logistics technologies and business management skills.
In the words of Meshack Matswi, one of the first-phase and now
established owner drivers, is the story of the impact made by the
scheme on the lives of those involved: ‘I am fortunate that my
business success has enabled me to build a three bedroomed home
and has given my family the financial security that allows us to live
happily and without stress. I have grown so much since being given
this opportunity and have gained business skills that I use in running
my business and which empower me to assist the newer owner
drivers in the development of their enterprises. It is most fulfilling
and the support I have gained frommanagement has been excellent.’
The benefits of the scheme have been enjoyed by the Company, the
drivers and the customers. The strategy is to build on the existing
fleet as well as adding additional owner driver companies to the
scheme.
Our contribution to transformation is measured against the
following:
• Department of Trade and Industry’s Codes of Good Practice (dti
Codes)
• A five year Employment Equity plan
• Workplace skills plan
For the year under review the Group achieved a level 4 Broad-
Based Black Economic Empowerment (B-BBEE) rating. This was
independently verified by rating agency, Empowerlogic.
ENTERPRISE DEVELOPMENT
The successful owner-driver initiative, was developed as an
innovative scheme to give promising candidates ownership of a
business, while realising the Company’s enterprise development
objectives and maintaining customer service levels. During 2016
the fleet expanded with the addition of eight vehicles, bringing
the fleet to 52 vehicles. Having commenced in 2012, this project
has proved extremely successful with a total of 19 owner driver
OUR PERFORMANCE
(continued)
Integrated Report 2016
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