Name of Entity: | Palabora Copper (Pty) Ltd |
Trading Name: | Not Applicable |
Entity Registration number: | 2007/033694/07 |
Vat Number: | 4950252124 |
Physical Address: | 1 Copper Road, Phalaborwa, Limpopo, 1389 |
Element | Weighting | Score |
Ownership | 23 | 19.81 |
Management Control | 11 | 9.47 |
Employment Equity | 18 | 5.89 |
Skills Development | 15 | 7.68 |
Preferential Procurement | 20 | 16.82 |
Enterprise Development | 15 | 10.95 |
Socio-Economic Development | 5 | 5.00 |
Overall Score | 107 | 75.62 |
* Although the abovementioned is the current level of turnover/income and is closely related to the economic indicators, it may be more or less in future. Consequently, this Certificate does not serve as a guarantee that the income reflected will continue at the same levels.
Based on our work performed, we have no reason to believe that the B-BBEE status reflected in this Certificate has not been calculated in all material respects, in accordance with the B-BBEE Codes of Good Practice - Generic Scorecard on Black Economic Empowerment, gazetted on 09 February 2007 in terms of the Broad- Based Black Economic Empowerment Act of South Africa.
Our limited assurance report dated 30 April 2015 is available for inspection at the registered office of Palabora Copper (Pty) Ltd together with the accompanying detailed B-BBEE Scorecard and should be referred to for an understanding of our limited assurance engagement and the extent of work performed.
This Certificate has been determined, on the basis of information provided by management. We do not accept or assume responsibility to anyone other than
Palabora Copper (Pty) Ltd, for our work, for this report, or for the conclusion we have reached.
Verification Agency: BEE~Matrix (Pty) Ltd
Tel: 011 436 1921
Fax: 011 436 1941
Web: www.beematrix.co.za
e-mail: info@beematrix.co.za
Simone Mitchell
IRBA Reg No: 497088B
Registered Auditor
Approved by IRBA to Conduct Assurance
Engagements on B-BBEE Verification Certificates
Date of issue: 30 April 2015
Expiry date: 29 April 2016
Period of validity: 12 Months
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