On 16th September 2011 we received our new BEE certificate which indicates that our South African clients now receive 110% procurement recognition towards their own BEE scorecards when purchasing from us. Notwithstanding this, Romano has always promoted equitable employment (EE) practices. More than 75% of our senior and middle management staff and nearly 100% of our operating staff are historically disadvantaged South Africans. Also, for nearly two decades we have supported black economic empowerment (BEE) through our own in-house freelancer and subcontractor development programme. Under this system approximately 50% of our current manufacturing and installation output is generated by a collective of micro enterprises, most of which are owned and operated by former employees. In many cases we have contributed to the setting up of these smaller businesses through financial assistance and training. Since 1st March 2009, 25.1% of the shares in our company have been and are still controlled by our employees, most of whom are historically disadvantaged South Africans.
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