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58

Tiger Brands Limited integrated annual report

2015

Transformation

In South Africa, we promote social transformation in the

interest of nation building, most notably through the

continued advancement of broad-based black economic

empowerment (B-BBEE) initiatives. Compliance with B-BBEE

and employment equity legislation is a business imperative

and our B-BBEE data and reporting is independently

assured. Tiger Brands retained its Level 3 contributor rating

for the year, as shown below.

The implementation of revised B-BBEE codes will have a

significant effect on Tiger Brands, in common with most

South African companies. Although our group falls under

the agricultural scorecard, for which new targets are still

to be published, we conducted an impact assessment in

December 2014 to prepare for the change. In a phased

action plan, closely tied to our strategic targets, we aim to

return to a level 4 rating within three years and regain our

level 3 status by 2020.

Tiger Brands B-BBEE scorecard

Available

points

2015* 2015

2014 2013

Ownership

20 20,3

19,7 19,7

Management control

10 7,6

7,6 6,5

Employment equity

10 5,6

5,1 7,5

Skills development

20 12,9

11,2 8,1

Preferential

procurement

20 19,2

18,8 18,8

Enterprise

development

10 7,0

7,5 11,7

Socio-economic

development

10 10,0

10,0 5,0

Total

100 82,6

79,9 77,3

Level

3

3

3

*

Tiger Brands is now measured in terms of agriculture sector codes

as gazetted on 28 December 2012.

Ownership

Brimstone (a black empowerment investment

company)

1,0%

Tiger Brands Foundation

5,0%

Employees Black Managers Trusts (BMT I

and BMT II)

2,7%

General Staff Trust

0,1%

Thusani Trusts (beneficiaries are children of

black employees)

2,0%

Effective black ownership (using the exclusion

principle)

35,9%

Total black women

5,6%

Management control

Our board includes five black directors (as defined by the

B-BBEE codes), one of whom is female. Management

control is driven at group level by the board and chief

executive officer.

Employment equity

In South Africa, 92% of our employees are black (African,

Indian and coloured), of whom 19% are women, and 1%

are people with disabilities.

Tiger Brands’ workforce profile

Outside of South Africa

Total

staff

African

Indian Coloured

White Disabled Permanent

Temporary

Total

Permanent

Temporary

2015

7 648 698 1 189 844

53 10 379 4 222 14 601 3 841 2 149 20 591

2014

6 535 726 1 155 836

58 9 252 2 453 11 705 3 673 1 506 16 884

2013

6 178 739 1 192 881

68 8 990 1 500 10 490 3 770 788 15 048

2012

6 260 777 1 027 938

76 9 002 1 079 10 081 1 876 782 12 739

2011

6 172 769 1 067 996

74 9 004 990 9 994 1 751 1 149 12 894

International employees are accounted for only where Tiger Brands is the majority shareholder.

The increase in the number of permanent employees is largely due to the permatisation of temporary employees.

The increase in temporary employees is due to a change in legislation regarding the classification of casual workers whose

working hours exceed a minimum threshold.