Our transformation strategy

Our transformation strategy and Level 4 B-BBEE rating underpins our commercial competitiveness and secures our relevance in South Africa's society as a business that positively contributes to the economy and communities.

Ownership is an important factor for organisations' purchasing decisions in South Africa, as buying from a company that is at least 30% black women-owned or 51% black-owned improves the customer's preferential procurement score. Having the best possible B-BBEE rating and ownership level therefore enhances our relevance and ability to compete.

Given the high level of our procurement spend linked to franchise agreements or OEMs, OEM scorecards have a knock-on effect on our points for procurement. South African OEMs have committed to the Equity Equivalency Programme that aims to improve their contributor status to a minimum Level 4 B-BBEE rating. This should positively impact our B-BBEE scorecard and rating.

  • Failure to meet the sub-minimum requirements in either the ownership, skills development or enterprise and supplier development pillars discounts a B-BBEE rating by one status level.
  • Improving our ownership levels.

What we are doing

Transformation strategies

Group-wide transformation strategies, projects and targets across all five pillars of the B-BBEE scorecard are developed, co-ordinated and monitored at head office and filtered into the business segments. Engagement with CEOs, managing directors and HR and B-BBEE managers across South Africa ensures that strategies are implemented to achieve the Group's B-BBEE objectives. This includes engaging with them on the importance of disciplined reporting. Certain business segments and divisions have B-BBEE working groups to drive the achievement of Group objectives.

Our transformation strategies are explained in more detail in the following sections:

For full detail on our Transforming our workforce.

For full detail on our Supporting black-owned and managed businesses.

For full detail on our Community report.

Ukhamba Holdings (Ukhamba)

Ukhamba is an investment holding company, in which B-BBEE shareholders hold 53,1% of Ukhamba's 12,9% shareholding in Motus. The Ukhamba Holdings structure ends in June 2025, with Ukhamba shareholders scheduled to receive their Motus shares around October 2025.

How we measure our performance

Our B-BBEE reporting system collates standardised B-BBEE data monthly from all business segments. Quarterly and monthly reports and scorecards are compiled for operational executives.

The Group measures its transformation progress against the Department of Trade, Industry and Competition's B-BBEE Codes of Good Practice's (dtic Codes). The consolidated Group scorecard is published at the end of September every year on the Motus website. Individual businesses also maintain scorecards where a B-BBEE rating is required to participate in their markets. All scorecards are independently verified annually.

For full detail on our Governance of social impact.

2022 performance and key objectives

South Africa

  • We engaged with Ukhamba and its shareholders to ensure the sustainability of the B-BBEE scheme and that our ownership structure is not negatively impacted by the sale of Ukhamba's investment in Imperial.
  • The verification for our 2022 B-BBEE scorecard is underway and we expect to maintain our Level 4 rating.
  • Three resources were appointed in each business segment, over and above our employment equity committees, to drive our B-BBEE objectives.

B-BBEE rating

Level 4 B-BBEE rating

at corporate level valid to 28 September 2022.
We achieved a score of 80,28 out of a total of 120 points against our internal target of 80,48.

Target: maintain our Level 41 rating for the 2022 B-BBEE scorecard.

1 To achieve a Level 3 rating requires a score of 90 and above without discounting.

Included in the Satrix Inclusion and Diversity Exchange Traded Fund

(see Overview of our ESG performance)

Dividends to black shareholders

R93 million

paid in dividends to Ukhamba, benefitting over 6 400 black shareholders

(2021: R45 million)

Black ownership

25 points

out of an available 25 points in the ownership pillar

Motus black ownership scorecard

Objectives

  • Select a new ownership structure for post-2025.

B-BBEE certificate: https://www.motus.co.za/environmental-social-governance/our-people/.