Data provided by McGregor BFA
All data is delayed
Loading...
See More

Netcare pledges to do more on BEE

Mar 25 2011 12:25 I-Net Bridge

Related Articles

Union in dispute with Netcare

Netcare's fine the correct remedy

Doctors in court over transplants

Netcare profit up 26%

Netcare fined for illicit transplants

Deadlock as Netcare nurses demand 13%

 
Johannesburg - Richard Friedland, CEO of Netcare [JSE:NTC], says he expects that the company will accelerate and drive transformation "very hard" over the next year.

He was speaking at the Metropolitan Oliver Empowerment Awards on Thursday evening.

Netcare was the biggest winner with three awards, taking the overall title as Top Empowerment Business of the Year, Top Empowered Big Business Award and category honours for businesses in the healthcare and pharmaceutical sector.

Friedland said the company's idea of transformation was not about ticking boxes and scorecards, but transforming hearts and restoring people's dignity.

Netcare has spent R114m on transformation programmes and trains more than 2 500 nurses a year.

The company also recently donated one million sanitary towels to the Free State government, to be given to schoolgirls in rural areas.

"I'm actually embarrassed that we won these awards, but I'm humbled," Friedland said.

Deputy Minister of Rural Development and Land Reform Thembelani Nxesi delivered the keynote address and criticised broad-based black economic empowerment (BBBEE) policies for having "an urban flavour".

Nxesi also urged business to support rural entrepreneurship and argued that rural development must be the key site for BBBEE.

"I want to emphasise that partnerships with the private sector are vital in creating vibrant and equitable rural communities. It is in your interest as the private sector to ensure that we graduate small farmers, who remain largely black, to commercial farmers. We need your help," Nxesi said.

He said that the department was working on a model of recapitalisation and development since the current model of land reform was setting people up for failure.

"We must debate the issues of land ownership and inequality in this country, painful as they are, because things cannot remain like this. They simply need to change," Nxesi said.
netcare  |  empowerment  |  bbbee
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Numsa prepares for life after Cosatu

Numsa has not only reiterated its call for President Jacob Zuma to resign but it is also preparing for life outside of Cosatu, a report states.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...