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Ownership E-mail Print PDF

Esorfranki remains strongly committed to B-BBEE and is constantly striving to increase black ownership at group level. The group is currently 29,64% Black-owned, comprising BEE shareholders that include:

 

Shareholder Shares
Esorfranki Broad Based Share Ownership Scheme: Implemented in 2006 to benefit all permanent staff below executive management level
  • holds a 3,3% stake in the group
13 312 250
Vunani Capital (Pty) Limited
  • a company of Vunani (Pty) Limited represented at board level by non-executive director Ethan Dube.
7 659 464
MB Mathabathe
  • A non-executive director on Esorfranki’s board
2 705 404
Other 20 734 859
Total 44 411 977


The Esorfranki group is rated a “Level 4” contributor in terms of the Construction Charter. 100% of spend with the group can therefore be regarded as BEE spend for clients. 83% of the workforce is Black, and emphasis is placed on training suitable candidates to accelerate promotion to management level. Esorfranki is currently 18,86% Black-owned, of which 1,24% comprises Black female equity participation.




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