The Sakilo group is the brainchild of it's CEO,Kugesh Naidoo,a practicing accountant who identified opportunities in various sectors to create wealth for our shareholders.

Working together to empower people and enrich our community,together with all of those who contributed to the road of democracy and our countries economic growth is the vision and mission that our company was formed around.

Change in ownership and management are critically needed as the South african economy moves into higher gear.In a period of growth it is evident that we lack sufficient black ownership of business and that the lack of community based involvement in certain strategic corporate business deals remains a contributory factor.

The lack of ownership and management of corporates by previously disadvantaged people has been identified as the single greatest impediment to the countries private investment programme and for this reason our directors saw the need for a company to be formed to irradicate this imbalance in our post democratic society.

Our country requires an economy that can meet the needs of all our economic citizens-Our people and their enterprises in a substainable manner.This will only be possible if our economy builds on the full potential of all persons and communities across the length and breadth of this country.

Generally,empowerment initiatives tend to benifit only a handful of recognised black organisations or individuals.This has led to a concerntration of economic power among relitively few black businessmen and women.

In only some instances have economic empowerment and wealth creation being extended to include previously disadvantaged indivduals at grass roots level.

WITH THIS IN MIND,The Sakilo Group was formed.It has a broad based membership,through its shareholders,far in access of 1 000 000 and benifits previously disadvantaged people from all walks of life in our country.

 

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There is broad and meaningful participation by Previously Disadvantaged People.

There is equity and operational participation by Previously Disadvantaged People.

Employment equity targets in Investee companies are in place.

Skill transfer programmes are implemented.

Procurement from BEE companies is effected.

Enterprise developement programmes are in place and effective..

We and all entities that we invenst in are run as model BEE companies.

We work closely with our investment partners/companies to maximise their growth and proftability.

We create new networks on behalf of Investee companies through proactive value add strategies.

We assist in implementation of the empowerment and transformation programmes to focus on improving equity ownership by historically disadavntaged individuals and groups.

We ensure affirmative procurement,facilitate enterprise development and socio-economic initiatives .

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