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Tiso Blackstar Group achieves Level 1 B-BBEE status

MEDIA UPDATE / 13 NOVEMBER 2018 - 18.07 / STAFF REPORTER

Tiso Blackstar announces that the Blackstar Holding Group (BHG) has successfully achieved a Level 1 B-BBEE contributor status (from a Level 2 in the prior year), in accordance with the Department of Trade and Industry’s B-BBEE Codes of Good Practice.

A number of South African brands fall under BHG’s black-owned Level 1 contributor status, including:

  • Tiso Blackstar Group’s media division: the Sunday Times, Business Day, Financial Mail, Sowetan, Sunday World, Daily Dispatch, The Herald, SA Home Owner, TimesLIVE, BusinessLIVE and SowetanLIVE

  • Tiso Blackstar’s broadcast and content divisions: Business Day TV, Ignition, The Home Channel, Rise FM, Vuma FM, Empire Entertainment, Ochre Media, and Gallo Music Publishers

  • The Hirt-Carter Group: Hirt-Carter, Uniprint, Triumph Printing, Paton Tupper, Silo, Hirt-Carter Software Solutions and Hive Connectannouncesand Bates Printing

According to Tiso Blackstar, the improvement in its B-BBEE status is reflective of its ongoing commitment to making a positive contribution to transformation, recognising that it is critical for the sustainability of its core operations situated in South Africa. The B-BBEE report is available here. For more information, visit www.tisoblackstar.com.

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LINK : https://www.mediaupdate.co.za/media/145836/tiso-blackstar-group-achieves-level-1-b-bbee-status

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