Equal employment opportunities are important to us. To create real value for our employees and the country, Barloworld is committed to building a diverse workforce that reflects the demographics of our operational environment.
- Identifying and eliminating employment barriers
- Pursuing programmes and initiatives that meet our equality goals
- Eliminating unfair discrimination on the grounds of gender, race, religion, disability and sexual preference
- Complying with the regulations and legislations of the relevant countries
A key focus in our value based management approach is gender equality. We regard it as a human right, believing that men and women have equal value and should be treated completely equally.
Black economic empowerment
Barloworld’s South African divisions comply with the Department of Trade and Industry’s Broad-Based Black Economic Empowerment (DTI's B-BBEE) requirements. We are proud to have achieved and maintained a DTI's B-BBEE level two in our four core business units. Our current business strategy now aims to achieve level three.
Established in 2007 with initial capital of R20 million, Siyakhula is the enterprise development vehicle for Barloworld. Siyakhula, which means “we are growing” in isiZulu and isiXhosa has a simple vision: to grow enterprises through meaningful investment and partnerships.
Siyakhula promotes the development of lasting empowerment through the provision of financial and operational support to existing small and medium-sized suppliers. In addition, we lend our support to the development of new business opportunities within the Barloworld value chain.
Siyakhula enables companies within the Barloworld Group to make a significant contribution to the promotion of enterprise development and entrepreneurial growth through supplier diversity. From its inception it has assisted several companies and works closely with them to strengthen their broad-based black economic empowerment (B-BBEE) scorecards and sharpen their competitive edge. By aligning with the Accelerated and Shared Growth Initiative of South Africa and the Department of Trade and Industry’s Codes of Good Practice relating to broad-based black economic empowerment (B-BBEE), Barloworld is demonstrating its commitment to transformation as well as refining B-BBEE strategies and practices applicable to the group and its subsidiaries.
Siyakhula works hand-in-hand with its beneficiaries, guiding their transformation strategy and helps the meet the challenges of the modern business environment.