Black Economic Empowerment Statement

Up4Business recognizes Black Economic Empowerment as a business, legal and social imperative, vital for the long-term prosperity of our business and the South African economy at large. We are therefore committed to an integrated process of transformation, aimed at the involvement of previously disadvantaged people in all aspects of our business – as shareholders, employees, suppliers and customers.

Our approach to BBBEE is informed by the following convictions:
The diversity of our people constitutes a principal, innate strength within our business;

The BBBEE initiative provides a sound building block from which to transform and grow our operations;
We believe that a fully empowered organization is defined by an inclusive knowledge sharing structure;

The BBBEE initiative presents a significant opportunity to normalise the domestic economy and to contribute to tangible economic growth.

Up4Business wishes to be instrumental in this regard
Identified Areas of Approach Identified Areas of Approach

The Up4Business approach to BBBEE encompasses the following seven main areas:

▪ Employment Equity and Affirmative Action
▪ Skills Development
▪ Preferential Procurement
▪ Equity Ownership
▪ Managerial Control
▪ Small Enterprise Development
▪ Social responsibility