Putting its money where its mouth is Trentyre has made all its non-managerial employees shareholders in a bold move towards empowerment and broad-based development.

The initiative comes in the form of the Trentyre Empowerment Trust, a broad-based ownership scheme that has acquired ordinary shares in Trentyre comprising 30% of the total issued share capital of the company. All permanent, non-managerial staff members have been made beneficiaries of the Trust.

Nigel Sowerby, Trentyre Operations Director, says, “The chief aim of the new share structure was ’to drive sustainable and profitable growth, together’, in compliance with the country’s Broad-Based Black Economic Empowerment (B-BBEE) and Mining Charter requirements.”

“We really want to create a sense of empowerment and of real participation in the ownership of the company for our people. We firmly believe that this plan not only supports South Africa’s call to develop and empower historically disadvantaged people, but will also secure the company’s place as a leader in our industry and provide exciting opportunities for both our employees and our business.”