According to reports in the press today, the Minister of Labour, Minister Membathisi Mdladlana, released the names of 13 JSE-listed companies that have allegedly not submitted Employment Equity Reports for 2005 as required by law. Tongaat-Hulett has been identified as one of the companies on the list.
Tongaat-Hulett submitted Employment Equity Reports in 2005 covering all its activities by the October deadline. It has done so annually since the introduction of the relevant legislation in 2000.
Peter Staude, the CEO of Tongaat-Hulett said, “We are taken aback and have been embarrassed by the perception that has been created that Tongaat-Hulett has not submitted reports in 2005. We have made significant progress in transforming Tongaat-Hulett with 48,9% of management and 81,0% of skilled and supervisory staff being black. In the latest Financial Mail Top Empowerment Companies Survey, Tongaat-Hulett is ranked sixth overall for employment equity out of South Africa’s top 200 JSE-listed companies.”
Issued by: Tongaat-Hulett
12 September 2006