Isilo Steel is a B-BBEE compliant entity with 51% black ownership; 30% of this being black females. The secondary benefit hereof (amongst others) is that Isilo Steel customers are able to achieve 50% procurement recognition for all the tons they buy from Isilo.
We are dedicated to playing an active role in promoting and enhancing the B-BBEE objectives through skills development, referential procurement, and enterprise development. All these are being approached on a continuous basis and are to be valuated and improved on from time to time.
One of the ESD beneficiaries of Isilo Steel is the Business Support Centre (BSC). The BSC was established in 1996 as a Section 21 Company to support start-ups as after 1994 there were new entrants into the business world.
BSC’s mission is to link enterprises to business opportunities in the mainstream economy through the provision of a one-stop development and support facility. Since its inception, the BSC has provided business training/counselling to over 14,000 SMMEs and has been instrumental in creating more than 2,600 jobs through ESD opportunities.
BSC registers approximately 45 new businesses per annum as well as mentoring these new enterprises and integrating them into Big Business Supply chains. Perhaps the pinnacle of the BSC’s efforts is the number of jobs that are being created everyday as a result of contracts secured from both private and public sectors, as well as through business linkages and loan facilitation.
The BSC has a database of Black SMMEs across all sectors. It can assist you to link you to a small black business and ensure all supplier development contracts are in place as well as ensure there is a paper trail for the measured entity to claim points on the BBBEE scorecard. The BSC is a Registered Section 21 Non-Profit Company with an ISO9001:2015 accreditation.
“It always seems impossible until it’s done.”
– Nelson Mandela
Planet Waves 586 is a B-BBEE Level 2 enterprise with deep roots in motorsport and is pursuing a new venture to introduce black people in the racing fraternity at all levels and eventually managing a complete black racing team. The aspiration is to train, educate and stimulate black employees to become part of a successful racing team. Ultimately the entity will run with a majority of black technicians, engineers and a driver to compete in winning national racing team. In order to accomplish this goal, the current team will create a number of key employment positions within the current structure. In order to do so, a recruitment and selection procedure will start from all levels in the skill sets that are required. At first the new additions to the team will work alongside the existing team members to be trained on the job and where needed additional schooling will be provided