TollReach Promotions (Pty) Ltd has been independently verified in terms of the Codes of Good Practice and the Department of Trade (DTI) and Industry Methodology.
TollReach scored full points on preferential procurement and socio-economic development contributions and thus exceeded the DTI target by far. TollReach has progressed from Level 3 to Level 1 over the past three years, demonstrating their commitment to the Codes of Good Practice.
In most companies, payments to suppliers make up a large portion of their spend. As a consequence, preferential procurement has the potential to provide strong support to the aims of Broad-Based Black Economic Empowerment (B-BBEE):
- Government requires good B-BBEE credentials from any private sector entity supplying a product or service to Government, similarly
- Private Sector companies measure their BEE performance using the 7-element balanced scorecard described in the Codes of Good Practice, which in turn, requires them to ask the B-BBEE status of their suppliers in order for them to score on the Preferential Procurement element.
TollReach's B-BBEE (Broad-Based Black Economic Empowerment) status with a 135% recognition factor makes them fully compliant.
Furthermore, TollReach contributes to uplift the poor and create jobs for the handicapped. TollReach is in partnership with Jocod (Johannesburg Council of the Disabled) who does the collation of the TollReach Goodie Bags and they also provide rural employment to the jockeys and supervisors in the local communities surrounding the toll plazas.
TollReach will work hard to maintain this status in the future. TollReach will continue with this meaningful contribution to socio-economic transformation of our society through the black economic empowerment process.
You can contact a TollReach Sales Executive now on 011 478 5477 to discuss your promotional needs. You too can become part of the TollReach contribution to socio-economic transformation. You can also visit us by going to www.tollreach.co.za.
