B-BBEE Story

Transformation and empowerment

The world is a circle that turns on the power of those who dare to dream of a brighter tomorrow

At Bastion we draw on the differences in who we are, what we’ve experienced, and how we think. When we work, we act as one team. We stand by each other, include each other and value each other’s contributions – we believe everyone should have an equal chance to succeed.

Diversity and inclusion are our strengths

B-BBEE story

We’re making consistent progress and believe in true empowerment and transformation. Our culture of inclusion allows every individual to reach their potential, as we empower our teams from the ground up.

Diversity and inclusion are our strengths. As we welcome one another’s backgrounds and experiences, we become stronger together. This is our greatest strength. Bastion has a B-BBEE strategy that strives to achieve a level 1 rating over the next 5 years.

The Koketso Empowerment Trust

Our employee empowerment trust

The Koketso Empowerment Trust is a 51% black-owned trust with a 26% ownership stake in Bastion. As part of our B-BBEE strategy, our intention is to increase this percentage ownership stake to 51% over the next 5 years.

The Koketso Empowerment Trust is an independent entity that is managed by independent, employee-nominated trustees.

Beneficiaries of the Trust benefit through capital appreciation of the shares held, as well as dividends that are paid out when the goals of the business are met.

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