Level 2 B-BBEE Rating For Transfer Chute Experts
Transfer chute specialist Weba Chute Systems has further upgraded its Broad-Based Black Economic Empowerment (BBBEE) rating to Level 2.
According to Farouk Abrahams, sales director at Weba Chute Systems, it was a focus on skills and enterprise development that led to the ratings improvement.
“We continue to transform from within to ensure that the business contributes to economic inclusion and job creation,” Abrahams says. “Particular effort was recently invested in our supply chain, to reward those suppliers that embrace transformation while upholding the highest levels of quality.”
Formed more than 25 years ago in South Africa, Weba Chute Systems engineers and manufactures fit-for-purpose transfer chute solutions for mining and industrial applications around the world. There are now over 4 500 of its installations operating globally.
Each chute’s engineered design controls the material’s direction, flow and velocity, reducing equipment wear and dust emissions.
Abrahams notes that an empowerment deal in 2014 brought black ownership into the business and also helped foster the transformation of management control.
“Our contribution to empowerment includes supporting skills training such as learnerships and internships,” he says. “We are also considering a bursary scheme for school leavers, focused on engineering skills that are aligned to the requirements of companies like ours.”
He highlights that Weba Chute Systems’ transformation journey – while helping build a more inclusive economy – helped customers meet their own B-BBEE objectives.
“By constantly raising our game to improve our empowerment rating, we are pleased to be adding further value by helping our customers meet their legal and operational requirements,” he says.
The company’s position as a leading local supplier to the mining sector also contributes to growing the level of local content procured by mining companies, as required by the Mining Charter.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Projects
Latest Multimedia
Latest News
Showroom
Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...
VISIT SHOWROOM
ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
