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Top Empowerment Companies 2009

03 April 2009 Xerox. The OriginalXerox. The Original

SECTOR: Services

4 - Kelly Group





Revenue: R2,2bn;
Total BEE score: 82,28%;
Ownership score: 15;
Pref proc: 17

The entry of Safika Investment Holdings into staffing operation Kelly Group, seems to have ushered in a new era. Saki Macozoma's Safika landed about 28% of Kelly after the group was unbundled from Educor in 2001. The group was brought back to the JSE in 2007 and has since risen in the black economic empowerment (BEE) rankings. It is chaired by Safika's cofounder Moss Ngoasheng and sits with black economic interest and voting rights of 37,6%. Its board has 50% black representation. Besides a low management score the group does well across the seven elements of the broad-based BEE scorecard. For a staffing operation, employment equity and skills development are almost tantamount to free points as that is its speciality.







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