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Growth in Gauteng: The legacy of excellence continues
Wednesday, 15 October 2008When Paarl Web Gauteng (Pty) Ltd opened its doors on 22 September 2005 as a venture between the Paarl Media Group and its empowerment partner, loveLife’s Kurisani Investments, all was set for a successful start-up printing business. Now, in 2008, expectations have been exceeded as the fourth new Manroland press has been installed. Full story...
In news category: Paarl Media Gauteng News
Paarl Media Gauteng News
Proactive Transformation
BEE Highlights
- 125% procurement spend benefits
- HIV/Aids prevention initiative
- 100.000 Black individuals
- 1000 Black groups as shareholders
Level Four BEE contributor
- 125% of our clients’ procurement spend will apply towards their own BEE scorecards. Our main BEE partner, loveLife Kurisani Investments, owns 16% of Paarl Media Gauteng.
- Kurisani Youth Development trust, the investment arm of loveLife, is a broad-based HIV/Aids prevention initiative with over 7.5 million beneficiaries.
- Naspers’ Welkom Yizani investment company has witnessed more than one hundred thousand black individuals and one thousand black groups participating in shareholding in Media24 and Paarl Media Gauteng.
- Effective black ownership in Paarl Media Gauteng amounts to 27.34%.
