(English) Mosstrich BEE Trust I Mosselbay - Agri SAAgri SA

Mosstrich BEE Trust

Started by 180 ostrich producers, benefitting 250 employees in Mosselbay, Western Cape

Why was it started?
To empower employees

How was it done?
The company has implemented a project whereby 6 000 preferential shares, representing 6.5% of the issued shares capital, were given to 250 employees.

Social and Economic Implications
The employees share in the company profits and a total of R1,815 million was paid out to the employees in the form of dividends.