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Johannesburg - In a statement to the JSE on Tuesday, employment services provider the Kelly Group [JSE:KEL] dismissed a newspaper report questioning its black economic empowerment (BEE) credentials as unfounded.
The company was reacting to an article in the Sunday Independent newspaper, quoting a report by consulting firm Borena Consulting which accused the recruitment firm of fudging its empowerment credentials.
The claims in the newspaper article are the latest in a series of public spats involving Kelly's leadership.
At the centre of the controversy engulfing the staffing services group is deposed deputy CEO Mthunzi Mdwaba, who the Sunday Independent said had "irregularly" commissioned the empowerment study by Borena Consulting. A senior executive aligned to Mdwaba has been fired and another faces disciplinary action.
In its statement to the JSE, Kelly CEO Grenville Wilson said the group adheres to the highest governance standards and rejected as scurrilous any suggestion that it would mislead stakeholders by window-dressing its empowerment credentials.
Kelly quoted independent BEE rating agency Empowerdex as backing its level 2 BEE status.
Empowerdex said: ""We are completely satisfied that the information provided to us by the Kelly Group in order to conduct our assessment was a full and true disclosure of its empowerment status. We confirm that the rating was done according to the BEE codes of good practice, following the requirements in the verification manual."
Empowerdex said it would not comment on Borena Consulting's "allegations".
Kelly said its empowerment efforts have received numerous accolades, including an Oliver Empowerment Award for the Top Empowered Company of the Year (2009) and a top ten finish in the last two Financial Mail Top Empowerment Companies on the JSE surveys.
- Fin24
The company was reacting to an article in the Sunday Independent newspaper, quoting a report by consulting firm Borena Consulting which accused the recruitment firm of fudging its empowerment credentials.
The claims in the newspaper article are the latest in a series of public spats involving Kelly's leadership.
At the centre of the controversy engulfing the staffing services group is deposed deputy CEO Mthunzi Mdwaba, who the Sunday Independent said had "irregularly" commissioned the empowerment study by Borena Consulting. A senior executive aligned to Mdwaba has been fired and another faces disciplinary action.
In its statement to the JSE, Kelly CEO Grenville Wilson said the group adheres to the highest governance standards and rejected as scurrilous any suggestion that it would mislead stakeholders by window-dressing its empowerment credentials.
Kelly quoted independent BEE rating agency Empowerdex as backing its level 2 BEE status.
Empowerdex said: ""We are completely satisfied that the information provided to us by the Kelly Group in order to conduct our assessment was a full and true disclosure of its empowerment status. We confirm that the rating was done according to the BEE codes of good practice, following the requirements in the verification manual."
Empowerdex said it would not comment on Borena Consulting's "allegations".
Kelly said its empowerment efforts have received numerous accolades, including an Oliver Empowerment Award for the Top Empowered Company of the Year (2009) and a top ten finish in the last two Financial Mail Top Empowerment Companies on the JSE surveys.
- Fin24
