Transfer chute specialist Weba Chute Systems has further upgraded its Broad-Based Black Economic Empowerment (BBBEE) rating to Level 2.
According to Weba Chute Systems sales director Farouk Abrahams, 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,” he says. “Particular effort was invested in our supply chain, to reward those suppliers who 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 4500 of its installations operating globally.
Each chute’s engineered design controls the material’s direction, flow and velocity, reducing equipment wear and dust emissions.
An empowerment deal in 2014 brought black ownership into the business and 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 says Weba Chute Systems’ transformation journey helped customers meet their own B-BBEE objectives while helping build a more inclusive economy.
“By constantly raising our game to improve our empowerment rating, we are adding further value by helping our customers meet their legal and operational requirements.”
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.