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Goscor Group celebrates its latest Level 3 B-BBEE rating
20 May 2019
Goscor Group celebrates its latest Level 3 B-BBEE rating

The Goscor Group is proud to announce that it has achieved Level 3 Broad-Based Black Economic Empowerment (B-BBEE) status, with effect from March. The Level 3 rating indicates a 90 to 95 rating on the BEE scorecard, encompassing ownership, management control, skills development, enterprise and supplier development, and socio-economic development.

The rating extends to group companies Goscor Earth Moving (GEM), which distributes the SANY brand of construction and related equipment. Despite tough market conditions, GEM achieved significant growth in 2018, and is poised to extend its SANY range even further in 2019, according to MD Barry Owen.

“As the fifth-largest construction and related equipment manufacturer in the world, SANY is a major powerhouse, with impressive technology. Coupled with Goscor and the Bud Group, that makes for a formidable combination,” Owen comments.

Bobcat Equipment South Africa represents the number one compact materials-handling equipment brand in the world. Not only does Bobcat offer some of the toughest and most innovative machines on the market, it can also supply complete equipment solutions to speed up project delivery, enhance health and safety, and improve overall quality, National Sales Manager Brian Rachman points out.

Goscor Compressed Air Systems (GCAS) has the added capability of being able to supply and repair a full range of machines. Mobile and electric compressors, vacuum pumps, dryers, and filters are available as well. “We pride ourselves not only on our customer service, but on the longstanding relationships we forge with our customers,” Sales and Business Development Manager Duane Kruger comments.

Goscor Group Marketing Communications Manager Debby Marx highlights that the Level 3 B-BBEE status is a major achievement for such a diverse organisation, which itself forms part of the larger Bud Group. “It is a reflection on how far we have progressed in achieving our overall transformation goals, which range from employment equity to enterprise development, corporate social investment, and other initiatives.”

The benefit for customers of GEM, Bobcat, and GCAS is that the Goscor Group Level 3 B-BBEE rating allows them to participate in the government’s preferential procurement policy. It also broadens their scope to participate in government tenders, thereby leveraging a significant competitive edge in the industry.
 

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