Today's Big Stories

Chevron makes inroads with transformation by boosting local businesses

Chevron Chairman Shashi Rabbipal says the oil giant is driving transformation forward and that the company's journey is key to understanding the importance of redress for South Africa.

He says the fuel and gas company has achieved level 2 Black Economic Empowerment (BEE) certification for two consecutive years.

Over the course of the past 10 years, Chevron partnered with 11 black-empowered businesses to help them grow in the market.

We looked at how we could partner to bring new entrants to the business that would be separate legal entities, with their own wholesale licences, control over their own network of service stations and access to distribution.

Shashi Rabbipal, Executive Chairman at Chevron South Africa

Rabbipal advises that when firms embed transformation in their business strategy, it must be long-term, sustainable and have a broader social impact.

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