DLM is committed to real empowerment within our own environment as well as in the wider community. View our BEE Certificate.
Our rating has been gained through the implementation of our stated policy to pursue and achieve, over a period of time, the following:
- Empowerment shareholding and management
- A staff composition that closer reflects the broader composition of society
- The continual growth of our people by developing their potential through training and skills development as well as career pathing and mentoring
- Procurement practices that assist in reaching empowerment objectives
- The development of sustainable black enterprises
- Social upliftment through involvement in projects to help the unemployed gain skills, education initiatives, etc.
We are proud to report on our achievements to date:-
- We entered into an empowerment deal with Shalamuka Capital (Pty) Ltd whereby they have acquired 28.6% of DLM and we have also empowered three of our black employees who now own 4.36% of DLM. Total black shareholding at DLM is 40.2% as a result of the Flow-Through Principle.
- Shalamuka Capital is the private equity company for the Shalamuka Foundation. It offers investment partners a key advantage through its status as a broad based BEE private equity company, and uses its own funds for investment rather than third party funds.
- The Shalamuka Foundation (“Shalamuka’) is a trust formed in 2006 to raise long-term, sustainable funding for the highly regarded Penreach Whole School Development Programme (“Penreach”).
- Penreach is a non-profit in-service education development program that improves the teaching skills of qualified and unqualified educators and their schools in Mpumalanga and the surrounding areas. It has resulted in the upliftment of local communities through improvement in education and quality of schools.
MANAGEMENT CONTROL AND EMPLOYMENT EQUITY
All employment decisions, company programmes and personnel actions are administered in conjunction with DLM’s equal employment and diversity goals, and our Employment Equity Plan.
- Over 30% of DLM’s Top Management is black, with 2 black women on the Board of Directors. Our mentoring programme ensures that our people are equipped with the necessary skills and knowledge before they are promoted into senior managerial positions.
DLM believes that Skills Development is critical vehicle which can be used to ensure that all people participate and contribute to the economy and assist in transformation of the society.
DLM is working together with the Wholesale and Retail Seta to achive the Skills Development agenda for the industry and South Africa.
In line with the company’s Workplace Skills Plan, DLM implemented Basic Communications, Numeracy and Computer Skills course (ABET) to empower employees with valuable basic skills. A number of our Stores staff, all from previously disadvantaged groups enrolled and completed the programme.
WORK EXPERIENCE PROGRAM
DLM provides newly qualified, inexperienced historically disandvantaged individuals with opportunities to gain work experience. We believe that the experience gained at DLM prepares them for permanent future employment.
Some students from various Higher Education Institutions such as VUT, TUT, TSC etc were given the opportunity to gain work experience while completing their qualifications which is a requirement for qualifications such as Mechanical Engineering, Fitting and Turning.
INHOUSE PRODUCT TRAINING AND FORMAL EXTERNAL TRAINING
- An ongoing in-house Product Training programme for all levels of permanent staff has been implemented. Training is often presented by our overseas Principals and senior management within the company.
- Employees are also encouraged to continually improve their qualifications and skills by enrolling in suitable courses at external education establishments. DLM funds these courses.
BURSARIES FOR STUDENTS FROM DISADVANTAGED BACKGROUND
DLM has prioritised education and skills development to ensure that previously disadvantaged youth have the opportunity to participate in the economy.
To date we have assisted a number of previously disadvantaged youth in obtaining their Qualifications by providing financial assistance in the form of registration fees, tuition fees and study material.
SUPPLIER CAPACITATION AND ENTERPRISE DEVELOPMENT
DLM is an import trading company and products are sourced from overseas suppliers where there is no local alternative. For goods and services that can be sourced locally, DLM has committed itself to make use of BEE companies. Local BEE suppliers are identified and appointed as preferential suppliers, they also benefit from our Enterprise Development programme of settling accounts early.
Sithobisizwe Office Supply Solution
Sithobisizwe is a wholly black woman owned company. DLM has appointed Sithobisizwe as a preferred supplier and settles invoices on the same day of delivery to assist the company with cash flow.
SIXMD is black owned company that has been identified and is being assisted in its endeavour to become a reputable technical services supplier. DLM is providing training and mentoring to the directors and assisting with bookkeeping services. The aim is to ensure that they become a sustainable company, ultimately enjoying financial and operational independence.
KIRA VALVES AND ENGINEERING
Kira is a 100% Black Woman owned company specialising in the manufacture, modification and reconditioning of valves. DLM has appointed Kira Valves as a preferred supplier of machining services.
We are firm believers in the parable that “it is better to teach a man to fish rather than to give him a fish”. Various self help projects such as one to give tools, instruction and training in how to make saleable products are constantly sought, evaluated and supported if they meet our criteria.
DLM sponsored 20 women who are passionate about baking and were willing to acquire new skills. The women were taught baking skills that will empower them to not only produce a quality product that they can sell in their communities but to operate and manage bakery businesses in a sustainable and profitable manner, in so doing provide a sustainable income for themselves and their families.
Out of the Box
Out of the box is a Skills Development centre situated in Germiston. Unemployed people are given the opportunity to learn skills such as Sewing, Shoe making, Lampshade Making etc. DLM sponsored 40 people to ensure that they are equipped with income generating skills.
DLM has “adopted” a number of child development and disabled persons centres where food supplies and groceries are delivered on a monthly basis. Further, our staff members are encouraged to donate clothing, toys and educational items which are delivered along with the groceries.