Mining
Posted By OrePulse
Published: 05 Sep, 2024 08:10
Sibanye-Stillwater achieves level 4 Broad-based black economic empowerment accreditation
Sibanye-Stillwater (Tickers JSE: SSW and NYSE: SBSW) advises shareholders that in accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, the Group’s updated annual compliance report in terms of Section 13G (2) of the Broad-Based Black Economic Empowerment (B-BBBEE) Act 2003 was issued on 30 August 2024
Sibanye-Stillwater’s B-BBEE rating has improved from Level 6 to Level 4 year-on-year, reflecting significant progress from its Level 8 status in 2021. This annual compliance report, prepared under Section 13G (2) of the B-BBEE Act, is required by the JSE for all listed companies.
CEO, Neal Froneman commented: “Reaching a level 4 Broad-based black economic empowerment accreditation is pleasing and is recognition of both our journey of transformation and delivering on our vision to create superior shared value for all our stakeholders.”
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