Announcement of the Sefate Black Economic Empowerment transaction
Broad-based Black Economic Empowerment (BBBEE) is a national initiative to promote the transformation of the South African economy in order to ensure meaningful participation and wealth creation by all South African citizens Sappi views BBBEE as key to our sustainable growth and prosperity. By meeting the needs and aspirations of individuals, enterprises and communities we will all prosper.
From left to right: Ralph Boëttger (Sappi), Lulu Gwagwa (Lereko), Robert Hope (Sappi),
Jan Labuschagne (Sappi), Valli Moosa (Lereko) and Mark Thompson (Sappi).