Broll boosts BBBEE rating to Level 3

Posted On Sunday, 28 August 2011 02:00 Published by Commercial Property News
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Broll Property Group has been rated as a Level 3 Contributor and Value-Adding Supplier by Empowerdex, an accredited verification agency

Malcolm HorneA Level 3 plus Value-Added Supplier status allows customers to claim R137.50 for every R100 spent with the company towards their own BBBEE preferential procurement score.

“Broll Property Group is a truly proudly South African enterprise committed to the myriad responsibilities that modern business entails,” says Malcolm Horne, CEO, Broll Property Group.

Notable achievements on the Broll BBBEE scorecard are:

• a maximum 15 for enterprise development
• a maximum 5 for socio-economic development
• 17.34 out of a potential 20 for preferential procurement, and a procurement recognition level of 110%
• 8.04 out of a potential 10 for management and control.

Akhona Nalapha Investments, a black women-owned property company, is a significant shareholder along with Catalyst House Fund in Broll Property Group, a leading property services company serving the South African and broader African market.

Broll has meaningful skills development initiatives. It was one of the first commercial property company to provide in-house training through its own academy, and continues to support a number of mentorship and learnerships programmes aimed at advancing the careers of employees from disadvantaged backgrounds. Broll is investigating further initiatives that will benefit the broader property industry, which will further enhance the group`s rating.

“While many companies are judged on the score they produce, we are committed to transformation in the property sector and are proud of our tangible results that we have achieved. We know we are training and empowering future generations of property practitioners to help build a bright future for the property industry,” adds Horne.

Last modified on Tuesday, 12 November 2013 15:47

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