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AEEI Enterprise Development
Posted by Daniel Makhura on 4 October 2017 4:15 AM SAST
Summary about the above
We continue to assist with start-up costs to various female black empowerment companies in South Africa, in varied industries. Ongoing financial assistance and infrastructure is provided on a monthly basis to assist with the operational costs, including mentoring and business skills.
The Group holds both national and international strategic investments across a broad range of industries, including marine, technology, health and biotherapeutics and enterprise development. Its support is strategically focused towards supporting Broad-based Black Economic Empowerment (BBBEE) within small, medium and micro enterprises (SMMEs).
As a multi award-winning BBBEE Group, AEEI is the empowerment partner of choice for a range of small to large businesses, and it enjoys strong partnerships with multinationals such as British Telecoms South Africa, Saab South Africa, Pioneer Food Group (Pty) Ltd as well as Siemens, Microsoft and GlaxoSmithKline.
As a business founded on the principles of BBBEE, AEEI is firmly rooted amongst historically disadvantaged individuals (HDIs) and community organisations. These groups form the majority of the Group’s shareholder base. Black ownership of AEEI exceeds 80% and the majority of its economic benefits are enjoyed by black stakeholders. The Company is recognised by its peers as a pioneer in promoting the interests of HDIs and previously marginalised communities.
The Group’s commitment to transformation through employment equity, skills and enterprise development and corporate social investment, makes it a beacon of BBBEE.
