Black Economic Empowerment
In the broader sub-Saharan context, Agri-Vie supports the involvement of in-country entrepreneurs and shareholders in the ownership and management of its investee companies.
In the context of South Africa, Agri-Vie is committed to the BEE principles and practices as embodied in the prevailing Codes on Broad Based Black Economic Empowerment. Agri-Vie’s own governance and management structures furthermore reflect active participation by previously disadvantaged individuals.
Against the above background, Agri-Vie’s South African transactions reflect:
- Equity participation, where possible, by historically disadvantaged persons
- Participation by historically disadvantaged persons in the management and control of investee companies
- Market access and other benefits to emerging farmers
- A focus on improved participation opportunities for women in food and agribusiness
- Work force skills development and training
- Application of appropriate procurement practices
- Participation in social corporate investment