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Philosophy | |||||||||
| Thebe’s definition of empowerment goes beyond the concept
of ‘black empowerment’. We believe it to be “a process of giving people and organisations the opportunity to increase their ability to use opportunities, resources and their minds in a bold and independent manner to improve their situation in a dynamic and competitive world; and to do so without hindrance caused by previous discrimination and denial of opportunities, resources and human dignity”. Our objective of transformation within the company is to create empowered employees, liberated from their historic position in the South African society. In this context the goal of empowerment is to create winning companies made up of teams of employees reflecting the South African tapestry of race and gender, which is in line with its own environment or markets. As a pioneering transformation company, we are an investment partner of choice, dedicated to promoting economic partnerships that will benefit and empower communities. While the potential return on our investment is critical to our decision-making, we prefer to partner with organisations that share our values and want to embrace transformation. |
We support all of our investee companies throughout their
individual transformation journey, in the sure knowledge that
they and we will reap both social and economic returns. This process helps us to not only achieve employment equity targets, and to drive up BBBEE scores, but to further enhance shareholder value by linking transformation to the bottom line. We create value for our stakeholders through the origination, execution, active governance and management of our investments. We also endeavour to source valuable skills from our wide network to augment the efforts of our investee companies to create professional and multicultural environments. Compared to transformational efforts that are concerned only with compliance, the result is one of astounding value creation and positivity. |
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