Munsoft B-BBEE

Munsoft is committed to the transformation of the South African economy through the promotion of the Broad-Based Black Economic Empowerment (B-BBEE) framework. The group believes that all South African business enterprises have an obligation to redress the imbalances of the past by facilitating constructive participation by black South Africans at all levels within the economy.

Munsoft recognises the importance of adhering to the B-BBEE codes, as well as the benefits that both Munsoft and the numerous beneficiaries of our various empowerment programs can achieve when our B-BBEE strategy is implemented successfully. We believe we have a responsibility to ensure that our B-BBEE strategy is inclusive, broad-based and sustainable.

Our commitment to transformation is evident from the implementation of our consolidated B-BBEE strategy over the past 12 months, including the various companies within the Munsoft group. Some noteworthy achievements include -

  • The transformation of Munsoft from a 100% white owned company to a 43% black owned company.
  • Expenditure of 5% of our net profit after tax on enterprise and supplier development initiatives.
  • The successful implementation of a learnership program for 40 unemployed learners.
  • A more representative board with 60% black representation.

To download, please follow thisB-BBEE link.