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Caxton and Enterprise Development
Posted by Daniel Makhura on 10 October 2017 6:15 AM SAST
More about the above
Facilitating entry for emerging black business into South Africa’s mainstream has been identified as an important focus area for our BBBEE strategy going forward. All divisions contribute towards reaching at least 3% of Net Profit After Tax in support of Enterprise Development initiatives.
We continue to outsource our distribution services to black contractors enabling them to employ over 300 previously unemployed black people.
An annual contribution is made to the Media Development and Diversity Agency (MDDA) in order to assist in building an environment where a diverse, vibrant and creative media flourishes and reflects the needs of all South Africans in the Print Media. The beneficiaries of subsidies and facilitating capacity building are historically disadvantaged communities, historically diminished language and cultural groups and inadequately served communities.
We will continue to expand our enterprise development endeavours through our procurement programme.
