Transformation

Business in South Africa has to absorb the ethos of transformation into its organisational DNA to ensure sustainability. Spur Corporation regards transformation as a journey that is less about meeting regulatory benchmarks and more about creating a company that is a true reflection of South Africa as a community. Our transformation strategy supports upliftment of historically disadvantaged individuals.

As anticipated, the group’s Broad-based Black Economic Empowerment (B-BBEE) performance declined from a level 5 contributor previously to non-compliant under the revised Department of Trade and Industry Codes of Good Practice, as verified by Empowerdex on 12 December 2016. We remain committed to identifying ways to improve our B-BBEE performance over time and we will continue to seek opportunities to support initiatives that will improve transformation in our franchisee base.

Spur Corporation supports the principles of transformation and B-BBEE. Progress is measured against the following categories:

  • Ownership
  • Management control
  • Skills development
  • Enterprise and supplier development
  • Socio-economic development

View B-BBEE Compliance Certificate here

View B-BBEE Verification Certificate here