Breaking News: Black-women owned company, moving the mark from a Level 7 to a Level 4 BBBEE
We’re proud to announce that Steeledale has been upgraded to B-BBEE level 4, on the new codes.
As a majority black women-owned business (75%), we’re deeply committed to industry transformation, and this new rating is an important recognition of our efforts.
Steeledale is part of the Kutana Steel Group, an industry and market leading steel company. Kutana Group is black women-owned, committed to growth and transformation. Kutana is pioneered and steered by an experienced management group with more than 70 years combined experience in shaping successful investment companies across South Africa and Africa, delivering real value and measurable growth.
Kutana’s team of seasoned corporate professionals is recognised for their leadership and community roles throughout South Africa and Africa across a number of divergent sectors. Steeledale’s relationship with Kutana allows us to offer better products and services to the industries we serve, leveraging synergies and relationships across diverse sectors, and creates the opportunity to become a key player in the South African landscape, as we contribute to the economy of our country through grassroots economic development.
This commitment is a key cornerstone of our philosophy of creating opportunities to do well, while doing good. Our focus is on building sustainable growth and commitment to the communities in which we work.
B-BBEE legislation has been described as the most significant piece of legislation affecting South African business today. The B-BBEE Act 53 of 2003 is a vital catalyst for the economic growth of our country and the future prosperity of all our people. We are proud to play our role, and extremely confident in the exceptional leadership of our team as they forge the road ahead for us.
Our updated rating will, of course, in turn contribute 300% procurement recognition to you, our valued customer, improving your own standing and allowing increased opportunities for your own business. The value of improved procurement recognition cannot be overestimated in our industry, as compliance pressure is spread over the entire supply chain. Even small businesses will find that their B-BBEE rating will be important in growing opportunities and relationships.
As always, Steeledale is dedicated to your success, offering quality products and unsurpassed service delivery through our comprehensive branch network.
As we take the next step on our journey, we’d like to thank you for your continued support. We look forward to forging the future together!
For more information, you may contact:
Chief Business Development Officer at Steeledale