RSA Group

The Profreshionals®

Our structure

Holdings

Shareholders

RSA Group divisional structure

The application of the Vision and Mission Statement of RSA Group along with ongoing training, upgrading of staff, and exceptional management ensures that the concept of a ‘professional sales service’ remains foremost in everybody’s minds and actions.

Enterprise development

  • Enterprise Development involves the contributions initiated in favour of beneficiaries, these being emerging farmers
  • Overseas contributions are currently received from ICCO Cooperation. This organisation provide loans, guarantees and equity to viable projects with a s ocial impact
  • ICCO Cooperation is a global organisation working towards a world with out poverty, injustice and exclusion. Members of the cooperation are Edukans, Kerk in Aksie and coPrisma
  • The objective of Enterprise Development is to assist and accelerate the development and sustainability to ultimately create financial independence for these emerging farmers
  • RSA also introduces access opportunities into the Fresh Produce Markets
  • RSA uses workshops on the market premises, facilitating market floor visits and formal instruction to empower these emerging farmers to understand the fresh produce market systems and this distribution channel in its entirety
  • RSA has a full time employed Extension Officer doing liaison and field work. He offers workshops on the farms
  • RSA Group in partnership with other parties campaigns to further empower and to improve the sales conditions of inner city hawkers who trades in the fresh produce
  • The further empowerment and planning to improve the sales conditions of inner city hawkers in fresh produce
  • Hawkers form part of informal markets located at: Kliptown, Bara City, Bree street, Alexandra, Hillbrow, Yeoville, Noord Street
  • Facilities range from proper structures to open air sales areas
  • The nee ds of hawkers are assessed. There is involvement in improving trading conditions and their ultimate service delivery to their own customers
  • This is an ongoing project with the intention to roll out a blueprint to other informal markets

Broad Based Black Economic Empowerment (BEE)

The rsa group is driving the broad range of transformation requirements:

  • employment equity
  • skills development, also life skills
  • upliftment and empowerment of women
  • preferential procurement
  • enterprise development
  • social investment
  • BEE employee share ownership scheme

BEE has been a natural process of evolution within RSA the past 25 years.

RSA has an excellent track record of BEE in the past 10 years.

The first BEE transaction took place in 2000 when 30% was sold to a BEE consortium. Various transactions took place over the next 10 years.

The RSA Group is committed and passionate about socio-economic transformation in South Africa and about the way we do business.

Our commitment extend to our own people, focusing on economic empowering and uplifting previously disadvantaged individuals

Corporate Social Investment

  • RSA Group is actively involved to improve the lives of South Africans
  • We are committed to contributing to healthy food security and the needs of orphans, the destitute, vulnerable people, the trodden down and the disadvantaged
  • We serve in various regions: Western Cape, Kwazulu Natal, Limpopo, Free State and greater Gauteng
  • Our aim is social upliftment and putting back self worth using the availability of our resources
  • We aim to ensure sustainability of these initiatives
  • CSI utilises company resources to benefit and uplift communities
  • These donations are not primarily driven as marketing initiatives
  • CSI value in excess of R1.5 million and growing
  • These donations are made on a weekly basis
  • Charities to receive contributions are reviewed annually

Corporate governance

RSA Group is committed to the promotion of good corporate governance and to the compliance with the Code of Corporate Practices and Conduct.

RSA Board of Directors sets overall policy, provides guidance and input in areas relating to strategic direction, planning, resource allocation, key appointments and communication.

  • the roles of the Chairman and the Group Managing Director are separate
  • an independent Non-Executive director is the Chairman

The board assures compliance with the following

A Code of Conduct:
embracing the Code of Conduct regarding size and nature of the various businesses
B Board of Directors:
  • the Board takes ultimate responsibility for proper management and ethical behaviour
  • Non-executive directors are independent and free to make their own decisions based on their judgement
C Audit and Risk Committee:

Audit:

  • to review the audited financial statement and interim statement
  • ensuring necessary internal controls, checks and balances are in place
  • to establish, management are enforcing the use of the controls
  • to oversee internal and external audit processes

Risk:

  • to take responsibility for risk management
  • to identify, assess, manage and monitor all types of possible risks facing the RSA Group
  • ensure risk management processes are in place
  • ensure security of RSA Group assets
  • evaluate management in managing of identified risks
D Human Resources and Remuneration Committee:
  • to establish the RSA Group’s remuneration philosophy
  • to review terms and conditions of employment