Members of the media are invited to cover the AMEF Seminar to be held later this week.
Date: 11 June 2009
Venue: Gallagher Estates, Midrand
Time: 08h30 to 13h00
Brief background:
The AMEF played a pivotal role in the development and final agreement by all major industry players to commit to the Liquid Fuels Empowerment Charter. This was a pioneering initiative in that it was the first charter to facilitate empowerment of historically disadvantaged individuals in any industry. The charters that followed, leading up to the creation of the Broad Based Black Economic Empowerment (BBBEE) scorecard were drawn on the learning of the oil industry.
The charter was signed by all heads of all significant companies and organisations involved in the liquid fuels industry on the 2 November 2000. As the 10 year anniversary draws nearer, it is also an opportunity to reflect on the transformation journey of the industry. It is also an opportunity to identify the hurdles inhibiting progress and celebrate the successes achieved thus far.
In her speech, the Minister of Energy Ms Dipuo Peters will reflect on the current status of progress against the charter by outlining the actions that have been taken by government to comply with the charter. She will also identify areas that need extra attention to reach the November 2010 targeted date and beyond. Most importantly, the Minister will also emphasise on the need to ensure that BEE is not eroded by the current economic meltdown and further reflect on the implications for the economy as a result of Black Economic Empowerment (BEE) deals.
For more information, my contact details are as follows:
Zodwa Batyashe
MLO (Minister’s Spokesperson)
Cell: 083 255 8849
E-mail: Zodwa.batyashe@dme.gov.za
Issued by: Department of Energy
9 June 2009
