In November 2004,
Tractionel Enterprise concluded a successful BEE transaction with
Africa Heritage Investments (Pty) Ltd. The empowerment transaction has been extremely successful with directors and professionals from both companies working together and sharing a common vision. Benefits deriving from this BEE transaction were immediate and the market has continued to respond positively to the news. Tractionel Enterprise is rated as a level 4 Contributor in terms of the Broad Based Black Economic Empowerment Act with 52% of our issued share capital being owned by
Africa Heritage Investments (Pty) Ltd, a 100% Black Economic Empowered Investment company with various interests in the manufacturing, trading, logistics and services industries in South Africa.
As a responsible corporate citizen, Tractionel Enterprise is a proud platinum member of the
Africa Heritage Society, a public, non profit organisation established to provide emerging enterprises and individuals with a platform for dialogue and mutual aid to help push back the frontiers of poverty, HIV/Aids and underdevelopment.