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ORT SA
For optimum effectiveness, Bidcorp partners with ORT South
Africa, a non-profit developmental organisation committed to
“Educating for Life”.
“Second Chance” is just one project where exceptional results
have been achieved. This year-long maths and science programme
helps post-matric students who require improved results for entry
into tertiary institutions.
Another project has given a nationwide lead by bringing coding for
computer software, apps and websites to township schools. The
Grade 8 Coding Club for 14-year-olds is an extra mural activity in
the Ivory Park township north of Johannesburg. These computer-
savvy “coding kids” are now working on several projects, including
a digital timetable for teachers, a motion sensor safety tool for the
blind and a driverless bus.
Transformation in South Africa
Bidcorp and all the management of the businesses in South Africa are committed to transformation and the building
of a sustainable economy reflective of the dynamics in the country where access to the majority of South Africans is
afforded. We continue to develop, invest and refine initiatives in pursuit of maximising performance against the new
B-BBEE Code. Bidcorp remains committed to broad based transformation.
Our integrated approach leverages our core business to support long-term economic development and participation through a principal focus
on management control, supplier and enterprise development. The recently introduced revised B-BBEE codes have necessitated a recalibration
of focus in each business and new plans have been implemented to achieve these goals.
Management control and Employment equity
– all businesses have succession plans in place and are developing the identified individuals.
There is a continuous commitment to fill positions as they become available with previously disadvantaged individual candidates, with the focus
on females and people living with disabilities. Due to low staff turnover, achieving the desired levels remains a challenge.
Supplier development
– our existing supplier network are experiencing challenges in achieving meaningful transformation which directly
impacts the businesses ratings and does put pressure on the Bidfood business where certain customers have minimum rating requirements.
The development of new suppliers remains difficult where new entrants are faced with stringent food safety regulations and technical
requirements of product developments.
Enterprise development
– businesses have incurred significant costs in funding and developing small enterprises where opportunities exist to
integrate these businesses into small business opportunities.
In other areas, skills development plans are in place, and training continues within all businesses. There are on-going learnerships across our
businesses and new learnerships are due for roll-out during the new financial year. Socio-Economic Development initiatives were well supported
during the year, with all businesses exceeding the target of 1% of net profit after tax.
In South Africa each subsidiary business is responsible for their own transformation ratings and initiatives.
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BF has improved their management control score in the period, but marginally fallen back on skills development due to a lower overall spend.
BF has achieved a Level 4 rating.
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CFG improved in the areas of skills development, as well as Preferential Procurement. Management control has moved marginally backward.
Enterprise and Supplier development projects were delayed; however these projects are expected to bear fruit in the new financial year. CFG
anticipates maintaining its Level 8 rating.
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CP has made improvements in all areas, and has improved their rating to a Level 4.
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Bidcorp has recently been awarded a level 5 rating as a consolidated entity of the South African operations.
Our goal is to continue to implement programmes and solutions that are suitable and commercially beneficial to all stakeholders and well situated
for business growth.
B-BBEE Empowerdex certificates are available on company’s website.
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Annual integrated report 2017
Bid Corporation Limited