Zebra is guided by the BEE policies of the Martin & East group and as a a business that understands the imperative to continually transform itself and facilitate the transformation of the industry in which it operates, Martin & East is absolutely committed to sustainable empowerment at every level. To this end, we have pledged, to our staff, clients and peers, that we will:
By living out the values espoused in this pledge, Martin & East ensures both the sustainability of its operations and the realisation of its empowerment vision for its staff via a culture of safety, commitment and shared ownership.
At a financial sustainability level, the empowerment of Martin & East staff is achieved via two specific financial empowerment vehicles - Isidima and the Isidima Trust.
Isidima is a 100% black economic empowered company that forms part of the Martin & East Group. Wholly owned by previously disadvantaged senior employees of Martin & East, Isidima is completely autonomous and was established in 2001 as a means of empowering and financially rewarding black senior employees of the group.
A true empowerment organisation, Isidima differs from many other BEE companies because shares in the business must be bought by employees using their own funds. There is also an aspirational element to Isidima because shares are only available to qualifying staff members who are in the top 10% of black salaried employees of the companies within the Martin & East Group. In addition, shareholders must have been with the group for a minimum period of three years and must be currently employed in order to hold shares.
Isidima’s level 1 BEE rating and level 7 CIDB rating ensures that contractors and partner businesses have a means of bolstering their BEE credentials when tendering for major contracts.
About the Isidima Trust
Established to deliver direct benefits of the success of Martin & East and Zebra Paving to the people that help realise that success, the Isidima Trust owns 10% of the two businesses, with employees (mainly previously disadvantaged individuals) of the organisation as the beneficiaries of the Trust. Beneficiary membership is purely volun-tary and benefits are calculated based on the cost to company and number of years of service of these employees.