This year marks 30 years since the advent of democracy and 20 years since the enactment of the Broad-Based Black Economic Empowerment (B-BBEE) legislation and policy.

Three decades into our democracy and close to two decades of the B-BBEE Act, we as a country have made strides in dealing with South Africa’s difficult history of economic exclusion and inequality.

But we know that more needs to be done.

Many people would know that Ince is a family-owned business that has been part of South Africa’s business landscape for over a century. What started off as a print business over 100 years ago has evolved into a business that is at the cutting edge of all things digital.

“We knew that if we were going to continue to be successful as a business, we would need to build a business that is representative of all South Africans. From the people, we hire to those we procure from and certainly those we partner with.”

The challenge here is not that companies aren’t committed to advancing or promoting empowerment, but rather, it has to do with how companies report on their efforts to align with the B-BEE Act.

Numerous press reports over the years have reflected on how several JSE-listed companies are failing to report on the empowerment progress, as required by law, and we would like to initiate a conversation with you – as a leader of a company or organisation – that is committed to progressing its journey on transformation and empowerment.

The Ince difference

As a leading advisor to JSE-listed companies and public sector entities on integrated reporting and corporate disclosure, Ince is constantly analysing the evolving landscape – with a view of helping our clients go beyond compliance.

Like many aspects of company reporting that we work on with our clients, we see reporting on empowerment as a necessity for continued business success.

Working with Ince’s integrated reporting team can help you:

• Position your company’s empowerment credentials to help your stakeholders better understand the progress you’re making.
• Highlight the tangible difference you’re making through your transformation and empowerment efforts – be it on ownership, enterprise and supplier development or employment equity.
• Evolve your reporting standards to reflect better how your approach to empowerment, transformation and empowerment is embedded in how you do your business. Ince’s leading reporting team can help benchmark your approach with industry-leading best practices.