Building the future of tomorrow today with Hudaco Trading, the 4th most empowered company on the JSE!

Building the future of tomorrow today with Hudaco Trading, the 4th most empowered company on the JSE!

Empowerdex, described as “South Africa’s leading barometer of black empowerment among JSE-listed companies” by BusinessTech, has recently published their list of top 100 most empowered companies on the JSE for 2016.

 

According to a blog post published by Empowerdex on 16 October, the report “consists of a list of the Most Empowered Companies as verified against the 2007 Codes and its sector codes; as well as a separate 2013 codes Most Empowered Companies. These two lists give an indication of the extent of transformation in the country. As more and more companies are verified against the 2013 codes, it would give us a clearer understanding of where we stand as a country in terms of transformation and adherence to the principles of Broad Based Black Economic Empowerment.”

 

As a division of Hudaco Trading (ranked level 4 with a BEE score of 87,3), MiRO is proud to be part of the empowerment movement geared to balancing the economics scales of power and influence in the South African business sector.

 

JSE’s most empowered companies: new 2013 codes

 Rank BEE score % Recognition Company name JSE sector
1 102.47 135% African Equity Empowerment Investments Financial Services
2 97.82 125% Oceana Group Food Producers
3  96.28 125% Tsogo Sun Travel & Leisure
4  87.3 100% Hudaco Trading Industrial
5 83.56 100% The Bidvest Group Financial Services
6  83.51 100% Exxaro Resources Mining
 7  83.1 100% Deneb Investments Financial Services
8 82.33 100% Aspen Pharmacare Healthcare
9 81.67 100% Astrapak Containers & packaging
10 81.52 100% Adcock Ingram Pharmaceuticals

 

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