Transformation Is A Business Imperative For Isuzu
Finweek English|13 August 2020
Isuzu Motors South Africa has received an industry-leading level 1 on its B-BBEE scorecard for 2020. Newly-appointed CEO and managing director Billy Tom reflects on this and why it is important for transformation to be embraced beyond this scorecard as well.
Transformation Is A Business Imperative For Isuzu

Isuzu Motors South Africa’s third broad-based black economic empowerment (B-BBEE) audit ended on a high note for the automotive manufacturer, with it attaining an automotive industry-leading level 1 on the scorecard for 2020.

This is a remarkable achievement, considering that Isuzu Motors South Africa was only launched in January 2018, says Billy Tom, newly-appointed chief executive officer and managing director of the company.

“We have embraced transformation as a business imperative and our new scorecard reflects the good business practices that we have implemented in support of this. We regard transformation as critical to ensuring the sustainability of our business, while at the same time it reflects our commitment to being part of the transformation of our country.”

According to Tom, it is important that transformation is adopted by businesses as a pragmatic growth strategy geared towards realizing the country’s full potential by bringing more South Africans into the economic mainstream. “Furthermore, to help drive this change, South Africans should support businesses that are actively contributing towards the transformation and growth of our local economy.”

This story is from the 13 August 2020 edition of Finweek English.

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This story is from the 13 August 2020 edition of Finweek English.

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