Economic Development

Our approach to economic development, for both public and private sectors, is guided by the B-BBEE Act of 2003, the B-BBEE Codes of Good Practice, and the pronouncements from the Department of Energy for the Renewable Energy Independent Power Producer Procurement Programme. We are committed to staying updated with changes in laws and common practices. This helps us to strategize effectively, ensuring we play a significant role in including those who were previously left out of important community opportunities.

To make sure our bids for Economic Development (ED) are competitive, we carefully examine the bidding requirements of Requests For Proposals (RFPs) issued by potential clients. Our goal is to meet or even exceed the set standards, ensuring we provide the maximum local economic benefit possible.

We track our progress in Economic Development (ED) by reporting our achievements monthly and quarterly. This helps us see how our projects are doing compared to what we've committed to. If we're falling short, we spot it early in these reports, and make the required ammendments.

To back up what we report about our ED achievements, we audit all supporting documents monthly, quarterly, and annually. This process makes sure that what we're reporting is accurate and trustworthy.

Whenever possible, we involve important stakeholders in the final stages of preparing our Economic Development (ED) bid responses. This is to check that our plans are practical, achievable, and beneficial for everyone involved. At JUWI, we use specific strategies for engaging with the community and have a clear process for handling any concerns or grievances. This helps us manage social risks and build better relationships with all our stakeholders.