Kulu Civils Group and Enterprise Development
Posted by Daniel Makhura on 20 October 2017 10:20 AM SAST
Information about the above
Enterprise Development forms an important part of Kulu Civils Group's empowerment programme, and the group's objective is to contribute significantly to the transformation of the Civil, Mining, Safety and Logistics industries and to build the necessary skills base of the country. Skills Development is not often sufficient in itself, and so in addition to the various skills development initiatives underway throughout the Group, its strategy embraces enterprise development.
Since February 2005, Kulu Civils Group has mentored various BEE emerging contractors with strategies tailored to suit the enterprise and desired outcome of the venture. The evolving Kulu Civils Group mentoring strategy includes:
• Development of competent contractors producing quality work under intensive practical supervision.
• Addressing the general failure to meet national targets as outlined by the Governments Broad Based Black Economic Empowerment (BBBEE) policy – Act No 53 of 2003 along with Department of Trade and Industry regulations and Codes of Good Practises.
• Eliminating many of the challenges facing smaller contractors such as the acquiring, securing and procuring of insurance, guarantees credit facilities and competitive price for plant and material.
• Transfer of skills, knowledge and systems regarding the administrative component of contracting.
• Assistance with the financial input required to manage and implement the operation.