The initiative will create a platform in which Swedish multinationals can jointly participate in high impact B-BBEE projects. The Swedish Trade Council has established a legal entity that will manage and house the Transformation Initiative. An Advisory Committee will be established with representation from the dti, the Swedish Trade Council, and participating companies.
The Advisory Committee will give input to projects proposed by committee members and companies will be able to propose projects based on their geographical and/or sectoral priorities. As projects are carried out collectively, synergies in administration and project impact are harvested. The Swedish Trade Council administers the programme, facilitates project execution and acts as the interface to the dti.
Participating companies are intricately involved in the projects in order to ensure commercial viability and longterm sustainability. By outsourcing work related to the administration of B-BBEE activities, companies can focus on their core business activities.
The projects in the Transformation Initiative programme will be approved by the Department of Trade and Industry (the dti), ensuring that companies that participate in those specific projects get the relevant scoring.
The Swedish Trade Council will administer the programme, facilitate project execution and act as the interface to the dti. the dti will approve the projects and ensure that projects arestructured to benefit South Africa’s overall economic development goals. By outsourcing work related to administrating B-BBEE activities, companies can focus on their core business activities.
Participating companies will be involved in the projects in order to ensure commercial viability and long-term sustainability.
The Transformation Initiative features different objectives for its different stakeholders:
Swedish Trade CouncilPrivate Bag X1Dainfern 2055South AfricaVisiting address:Ground Floor, Oak Hill BuildingFourways Golf ParkRoos Street, FourwaysJohannesburg
T +27 11 300 5600F +27 11 513 0388sydafrika@swedishtrade.se Hakan Bengtsson Trade Commissioner and Head of Southern AfricaT +27 11 300 5608M + 27 83 508 0082M Swe: +46 730 600 767hakan.bengtsson@swedishtrade.se
Mpumi Mabuza, Office ManagerT +27 11 300 5606M +27 83 778 9157mpumi.mabuza@swedishtrade.se
Rupa Thakrar Bagoon, Project Manager (maternity leave)T +27 11 300 5610 M +27 83 708 0085rupa.bagoon@swedishtrade.se
James Butler, Project ManagerT +27 11 300 5620+ 27 83 708 7047james.butler@swedishtrade.se
Maria Nordstrom, ConsultantT +27 11 300 5614M +27 83 792 8394maria.nordstrom@swedishtrade.se
Marcus Persson, ConsultantT +27 11 300 5609M +27 83 778 7091marcus.t.persson@swedishtrade.se
Sibongile Ngubane, Associate T +27 11 300 5612M +27 83 268 0302sibongile.ngubane@swedishtrade.se
Ruth Phiri, AssociateT + 27 11 300 5602M + 27 76 940 0527ruth.phiri@swedishtrade.se
Robin Szekely, AssociateT + 27 11 300 56 13M + 27 83 778 70 93robin.szekely@swedishtrade.se