Black Economic Empowerment and Employment Equity
Heaton Valves Africa (HVA) is a Level 4 B-BBEE contributor with a procurement recognition level of 100%.
HVA has made a balanced contribution across all seven measurement categories of the generic scorecard. HVA implemented initiates over the last year. The following key categories, all of which have had highly successful outcomes:
1. BEE Shareholder Wealth Creation
HVA’s Black ownership level is 16%. Most importantly, through the Debt owing on these shares when compared to the Net Asset Value of the BEE Shares is a mere 20%, and when compared to the fair market value is below 10%. This demonstrates genuine BEE wealth creation.