Vantage posted on May 10, 2011 22:28
Vantage Capital Group (Pty) Ltd (“the Company”) has been independently rated as a Level 2 contributor with regard to Broad-Based Black Economic Empowerment (BB-BEE) in terms of the DTI codes of good practice.
The Company scored over 89% on the overall compliance rating scale and attained the maximum points for exercisable voting rights and economic interest, reaching more than double the targeted percentage.
The Company attributes the achievement of this Level 2 rating to focusing on key strategic areas such as employment equity and enterprise development. Mr Mutle Mogase, Executive Chairman of the Company, said, “I am proud of this accomplishment and believe that this high rating positions Vantage well in both its mezzanine fund management and proprietary investment areas.”
Placing high value on corporate social responsibility and community involvement, as well as contributing towards sustainable economic growth, the Company is centred around individual accountability, job creation and the empowerment of women, and embraces diversity at all levels within the company.