Empowerment - BBBEE
Tsogo Sun is the largest hotel and gaming group in South Africa and is majority owned by the fully empowered Tsogo Investment Holding Company. The Tsogo Sun Group was formed as the result of a successful empowerment deal between Tsogo Investments, which owned Tsogo Gaming, and SABMiller, which owned Southern Sun. The empowerment deal resulted in the establishment of Tsogo Sun Holdings and was hailed as a landmark empowerment deal due to its significant contribution to the transformation of the hotel and gaming industry in South Africa.
Tsogo Sun continues to be a pioneer and leader in the empowerment of previously disadvantaged people, businesses and communities in South Africa. Tsogo Sun Holdings Limited currently holds a Level 2 B-BBEE Contributor Status and received 88.57 points for its 2012 results. Many of the initiatives undertaken by Tsogo Sun serve as leading examples for empowerment in South Africa, such as the Tsogo Sun Academy, which was created to transfer skills to employees from previously disadvantaged communities. Another transformation initiative of the Group is the Tsogo Sun Book-A-Guesthouse enterprise development programme, which provides business support to women entrepreneurs in the South African tourism industry.
Since its inception in the nineties, when no clear black economic guidelines were in place, Tsogo Sun has pioneered the way for fair inclusion and equal opportunities in all aspects of the business. Tsogo Sun's economic empowerment strategy has always been based on the fundamental desire to do the right thing. It is therefore no surprise that all of the Group's subsidiaries have to date achieved Level 3 and Level 2 contributor status for black economic empowerment.
Awards and recognition
- Best Company to Work For
Tsogo Sun Holdings was ranked as Number 8 in the overall Top 10 Best Employers in South Africa for 2010/2011 by the CRF Institute in its annual Best Employers awards. Tsogo Sun is Number 1 in the Hotels & Gaming Sector, Number 4 Best Large-Sized Employer and Number 5 Best Empowered Employer.
- Top empowered SA company in the travel, leisure and entertainment category
The company's hotel division received the 2011 Metropolitan Oliver Empowerment Award for the Top Empowered SA Company in the travel, leisure and entertainment category. The award recognises successful implementation of strategic B-BBEE policies and internal measurement mechanisms as well as effective transformation policies together with financial performance based on turnover, growth, profitability and productivity.
- Imvelo Awards for Responsible Tourism: Most empowered tourism business
Tsogo Sun's hotel division won the award for the 'Most Empowered Tourism Business' at the Imvelo Awards for Responsible Tourism 2011. The award recognises the extent to which the company addresses the issues of empowerment and contributes to a globally competitive, demographically representative tourism industry.
The Group's latest B-BBEE certificate may be downloaded below.