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Lorge: BEE level 2


Johannesburg, 03 Oct 2018

Lorge has always recognised its responsibility in equalising opportunities for those designated people who are socially, economically and educationally disadvantaged. Driven by this sense of responsibility, Lorge has committed, as a company, to uplifting South African communities, especially those who have been historically disadvantaged.

The key transformation dimensions now being applied in B-BBEE (broad-based black economic empowerment) are: direct empowerment relating to ownership and management; human resource development relating to employment equity and skills development; indirect empowerment relating to preferential procurement and enterprise development; and finally, residual empowerment relating to corporate social investment. The company believes these transformation dimensions will assist in sustaining Lorge's competitive advantage in the long-term.

Lorge believes that by creating a racially and culturally diverse team, it can increase its competency in providing world-class standards in terms of cost, quality, productivity and customer service. As a growing business, Lorge strives to develop and recruit employees to the point where they are able to exercise options within Lorge's Employee Participation Scheme. Moreover, skills development has been identified as one of the major catalysts to transformation in the sector, and Lorge has maintained a culture of skills development from within.

It is with great pride that Lorge would like to announce the achievement of broad-based BEE level 2 status for Lorge. It is now a majority black women-owned business and the company could not be more thrilled. It remains committed to its growth strategy alliances and furthering its transformation goals.

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