Last week, Sechaba Brewery Holdings Limited (SBHL) received two awards at the PricewaterhouseCoopers (PwC) Annual Reporting Awards.
The awards recognise outstanding achievement by Corporates, Non-Governmental Organisations (NGOs) and other institutions listed in the Botswana Stock Exchange (BSE) for the quality of reporting, presentation of corporate accounts, compliance to International Accounting Standards, Corporate Governance and Corporate Social Responsibility.
Sechaba is a Botswana investment company with interests in Kgalagadi Breweries (Pty) Limited and Botswana Breweries (Pty) Ltd (BBL) and own a majority shareholding in both companies.
In a prestigious awards ceremony that was themed ‘25 years of Driving Botswana’s Economy’, SBHL was awarded the Runner-up in the Commerce & Industry Sector for the Best Published Corporate Reports and Accounts Award for the year 2010/2011.
Sechaba Brewery Holdings was also hailed the winner and recognized as the Best Corporate Social Responsibility Reporter in the Best Published Corporate Reports and Accounts for the year 2010/2011.
The PwC Awards recognise companies for exceptional transparency in the publishing of their annual reports, seeking to promote sound financial reporting and corporate governance in their businesses.
The Annual PricewaterhouseCoopers Awards are evaluated by two panels of adjudicators, which include the PwC partners and industry adjudicators, including the PwC partners, industry peers and captains.
In selecting the winning corporate entity, both panels focus on the information contained in the reports, copy and creative design of the reports as well as selecting the most compelling corporate reports on their relevance and efficacy.
A most notable achievement by Sechaba is the publishing of their first Sustainable Development Report that captures the essence of the Groups sustainable development strategies and achievements under the banner ‘Ten Priorities, One Future that directs their holistic approach to sustainable development.
Under the Ten Priorities, the SBHL Group of companies believe that in order to achieve competitive advantage, and ultimately profitability, sustainable development needs to be integrated into their decision-making as a way of measuring business performance and success.
KBL and BBL Managing Director, Hloni Matsela, said they believe that the prosperity of our business is closely aligned to the health and wellbeing of the communities in which we work.
“Our corporate social investment (CSI) activities aim to improve the quality of life for local people, helping us to build strong relationships with communities, consumers and our employees.”
Matsela said Sechaba’s strategic focus is underpinned by the Group’s ten sustainable development priorities as they define the material issues for the business and have been developed through extensive consultation with both internal and external stakeholders.
Matsela summed up by thanking the Sechaba Board, consumers and employees of KBL and BBL citing that these achievements reflect their commitment towards ensuring that the Sechaba Group of companies are regarded in the most positive light by all stakeholders in Botswana.
In addition, Matsela profusely acknowledged the SBHL Annual Report Project Team who worked tirelessly to ensure their support and ultimate success in this highly coveted ideal.