Black Economic Empowerment
Broad Based Black Economic Empowerment is the cornerstone of South Africa’s future. As of June 2008, the total share equity in Corobrik under the control of Historically Disadvantaged South Africans (HDSA) is 45.09%. Corobrik’s shareholders include AKA Capital (Pty) Ltd, a leading black empowerment private equity investment company. Encouraging the development of emerging companies plays a key role in our BBBEE programme. We outsource supplies and services from black-owned businesses whenever possible and encourage relationships with companies that have active BBBEE and Affirmative Action programmes.