B-BBEE Policy

The Property Sector Charter constitutes the framework and principles for implementation of B-BBEE in the property sector. Safari’s commitment to the Charter is firm and we support the principles of social and economic transformation and empowerment on all levels of our business.

The Social and Ethics Committee monitors our progress in complying with the B-BBEE scorecard. Progress is monitored through an on-going base-line progress summary of the applications of the B-BBEE principles and a B-BBEE audit is annually undertaken for the 12-month cycle, ending on 31 March. Honeycomb BEE Ratings is Safari’s accreditation agent.

Summary:

2018 FY	First B-BBEE review	Level 7 Contributor
2019 FY	Limited review of only ownership and management and control (other categories were not reviewed)	Non-compliant
2020 FY	B-BBEE review	Non-compliant
2021 FY	B-BBEE review	Level 7 Contributor
2022 FY	B-BBEE review	Level 5 Contributor

Safari reiterates its commitment to empowerment and transformation initiatives.