COMMITTED TO TRANSFORMATION
Gold Circle recognizes that transformation within the company and the horse racing industry at large, is a strategic imperative and therefore aligns itself with the principles of the Broad Based Black Economic Empowerment (B-BBEE) Act and the Codes of Good Practice, as amended from time to time. The primary objective of these principles is to advance the economic transformation and enhance the economic participation of Black people which forms the basis of Gold Circle’s transformation strategy. To this end the company has achieved a Level 2 B-BBEE recognition level.
Gold Circle is committed to making a positive contribution to individuals who have been previously disadvantaged. Employment Equity, gender empowerment and skills development remain high on the list of priorities that the company seeks to uphold.
Gold Circle’s Socio-Economic Development programme is mainly industry based however it does seek to position the company as a key contributor around the socio-economic challenges facing the country like poverty, unemployment and inequality and aims to:
- improve the lives of underprivileged individuals and communities in an impactful way;
- serve as a skills transfer; and
- promote transformation, diversity and inclusion of black people into the horse racing industry.