Human resources group Adcorp has for the second successive year been crowned SA’s most empowered company in the Financial Mail’s Top Empowerment Companies (TEC) survey, which measures how listed companies are performing on the empowerment front. Adcorp’s overall empowerment has improved to 88,7%, up from last year’s 81,69%, making the company the only level 2 BEE contributor on the JSE under TEC’s methodology. The company scored 10,5% for preferential procurement spend and 54% for economic interest 54%. In second place was pareni company HCI, which achieved 15 out of 20 points for enterprise development and full marks for socioeconomic development.

Source: Business Day