• logo
  • IN THE
    SPOTLIGHT
    2018
    This section of the report provides a summarised review of the year’s performance and a snapshot of the highlights and challenges of 2018.
    About this report 2018 highlights and challenges Chairman’s report
  • INTRODUCING
    CLOVER’S
    STORY
    If you want to get to know Clover as an organisation, read this section to gain insight into the fundamentals of our business: Who we are, what we do, how we create value and how we are governed. This is an analysis of Clover’s internal operating environment.
    Meet Clover Clover’s business model Directorate and management
    Governance structure Report on governance, risk and compliance Reputation as a value driver
  • ANALYSING
    CLOVER’S VALUE
    CREATION
    In this section we take you through the process that we follow in analysing our ability to create value. We unpack the external variables that impact on our ability to deliver value; we present the findings from a process of stakeholder engagement; we define the material issues and we analyse the top risks and opportunities. We then use this information to help us determine and evaluate a strategy that will ensure sustainable value creation.
    How our stakeholders’ needs inform our reality Our strategy
  • LEADERSHIP
    REVIEWS
    Using the analysis from the section above, our CEO and CFO provide a review of the Group’s performance by taking a closer look at how the operational, strategic and financial performance have translated into value-enhancing outcomes. This section also provides a summary of the board’s milestone achievements for 2018.
    CEO’s report CFO’s report
  • PERFORMANCE
    OUTCOMES OF
    THE SIX CAPITALS
    This section of the report provides a detailed account of the outcomes achieved as a result of our strategic initiatives in 2018. We unpack the input and outcomes for each of the six capitals.
    Report on the six capitals Human capital Natural capital Manufactured capital Intellectual capital
    Social and relationship capital Financial capital Six year Review Combined assurance on the six capitals
  • REMUNERATION
    REPORT
    This section of the report presents our remuneration report and remuneration policy for the year ended 30 June 2018.
    Letter to Shareholders Report on Remuneration Clover’s remuneration policy
  • ANNUAL FINANCIAL
    RESULTS
    The annual financial statements provide a touchstone to Clover’s ability to perform and create value. This section provides the audited financial statements for the 12-month reporting period from the 1st of July 2017 to the 30th of June 2018.
    Audit and risk committee report Approval of the financial statement Certificate by Company Secretary Independent auditor’s report Directors’ report Directorate and statutory information Consolidated statement of comprehensive income Consolidated statement of financial position
    Consolidated statement of changes in equity Consolidated statement of cash flows Notes to the consolidated financial statements Notes 1 - 10 Notes 11 - 20 Notes 21 - 30 Notes 31 - 34 Abbreviations Definitions
  • search
  • IN THE SPOTLIGHT 2018
  • INTRODUCING CLOVER’S STORY
  • ANALYSING CLOVER’S VALUE CREATION
  • LEADERSHIP REVIEWS
  • PERFORMANCE OUTCOMES OF THE SIX CAPITALS
  • REMUNERATION REPORT
  • ANNUAL FINANCIAL RESULTS
  •   BACK
  • About this report
  • 2018 highlights and challenges
  • Chairman’s report
  •   BACK
  • Meet Clover
  • Clover’s business model
  • Directorate and management
  • Governance structure
  • Report on governance, risk and compliance
  • Reputation as a value driver
  •   BACK
  • How our stakeholders’ needs inform our reality
  • Our strategy
  •   BACK
  • CEO’s report
  • CFO’s report
  •   BACK
  • Report on the six capitals
  • Human capital
  • Natural capital
  • Manufactured capital
  • Intellectual capital
  • Social and relationship capital
  • Financial capital
  • Six year Review
  • Combined assurance on the six capitals
  •   BACK
  • Letter to Shareholders
  • Report on Remuneration
  • Clover’s remuneration policy
  •   BACK
  • Audit and risk committee report
  • Approval of the financial statement
  • Certificate by Company Secretary
  • Independent auditor’s report
  • Directors’ report
  • Directorate and statutory information
  • Consolidated statement of comprehensive income
  • Consolidated statement of financial position
  • Consolidated statement of changes in equity
  • Consolidated statement of cash flows
  • Notes to the consolidated financial statements
  • Notes 1 - 10
  • Notes 11 - 20
  • Notes 21 - 30
  • Notes 31 - 34
  • Abbreviations/li>
  • Definitions
 
 Clover Industries Limited Integrated Report 2018
home / performance outcomes of the six capitals / social capital

SOCIAL AND RELATIONSHIP CAPITAL OUTCOMES

SOCIAL AND RELATIONSHIP CAPITAL PLAYS AN IMPORTANT ROLE IN CLOVER’S
VALUE CREATION PROCESS.

It involves the business itself, our customers and consumers, suppliers, employees and the communities we operate in. For more details on our engagement with our stakeholders, please see here.

Clover prides itself in conducting business by considering our legal, ethical and economic responsibilities. While it is our goal to preserve profitability for our shareholders, we also aim to create higher standards of living and quality of life in the communities in which we operate.

Clover’s Mama Afrika project has positioned itself as a successful, award winning example of a sustainable and effective CSI project, which is making a real difference in the lives of many South Africans in need.

 

FOCUS AREAS FOR 2018

Compliance with the provisions of the Protection of Personal Information Act (POPIA)
1 The Clover Mama Afrika CSI project
1 B-BBEE compliance and rating
1 Compliance with consumer protection laws

 

INPUTS

Inputs Change  2018  2017 
Total sponsorships and charitable giving received by Clover Mama Afrika 6.41% R4.98m R4.68m
Total investment in skills development for Mama’s and their members -5.02% R2.84m R2.99m
Site improvements and communications development for Clover Mama Afrika project
(e.g. upgrading facilities, creating food gardens)
-23.08% R1.30m 1.69m
Mamas appointed to care for children and the elderly in the Clover Mama Afrika project 2.32% 44 43
Taxes paid to government 239% R139.5m R41.1m
       
Blue chip partners who contribute to the success of Clover Mama Afrika and co-fund 20% of the trust’s expenses – HCI Foundation
  – HFR Transport
  – Eqstra Flexi Fleet
  – MiX Telematics
   
Annual review of the Company’s compliance with: – The Consumer Protection Act
  – Food Stuff, Cosmetics and Disinfectants Act
  – Other labelling legislation

OUTCOMES

arrow Clover has appointed a privacy officer and various privacy champions to assist with compliance
1 arrow Trained 2 106 individuals who in turn transferred their skills to over 10 667 fellow members
1 arrow 288 people have been permanently employed by the Mama’s, showing that this is effective corporate social investment
1 arrow Care provided to over 15 500 children by the Clover Afrika Mama’s
1 arrow Clover Mama Afrika has a received a total of 22 prestigious awards that recognise the project for its wide reach and positive impact on society
1 arrow A level 4 B-BBEE contributor
1 arrow A full review has shown no contraventions of the Competition Act
1 arrow Clover has established a competition law centre of excellence

MATERIAL TRADE-OFFS

Investment in CSI programs will decrease our financial capital and increase our social and relationship capital, however in the long term, with the benefits to the communities around us, we believe this will positively impact our financial capital.

OUTLOOK

Through a larger CSI budget, Clover aims to have more than 50 Clover Mama Afrika’s countrywide. We will continue supporting the Mamas so that they can in turn help alleviate poverty within their respective communities.

Clover aims to provide regular training in the selected skill that the Mama excels in.

 

CASE STUDY

CLOVER MAMA AFRIKA PROJECT

Over the last 14 years, Clover Mama Afrika has accomplished what it set out to do from the onset and continues to contribute towards social economic development within various communities in South Africa. It is also one of the most recognised corporate social investment projects in South Africa, having won 22 prestigious awards to date.

The Clover Mama Afrika initiative will continue to provide the skills training opportunities for each operating Mama and their members. Skills training opportunities include: Bread baking, cooking and baking, sewing, quilting, food garden, small scale chicken egg farming, hairdressing and mosaic. Viable skills training includes progressive and more specialised training which helps the Mamas and their members improve on their accessible service delivery within their respective communities.

Value drivers of the Clover Mama Afrika initiative:

  • Skills selection centres: Relevant, employable and marketable skills are aligned to the needs of each respective community to ensure that the centres become self-sustainable. After skills-training, Clover Mama Afrika provides start-up equipment to allow for immediate income generation and passing on of skills.
  • Site improvement: Clover Mama Afrika assists communities with the repairs and renovations to basic facilities such as appropriate ablution facilities. It is important to create a safe haven for all the children in the care of a Clover Mama Afrika.
  • Monitoring and evaluation: Regular monitoring and evaluation of each self-help project is implemented, which allows for the identification of strengths and weaknesses on an individual basis. Immediate support and assistance is provided where necessary.
  • Partners: Clover is of the firm belief that the best way for Clover Mama Afrika to have the greatest possible impact is through partnership and collaboration with other organisations and individuals that want to embed sustainability into the fabric of South African society.


 

MEET THE MAMAS


 

MAMA SELESTIEN MOSES

KHAYALETHU CARE CENTRE
ASHBURY WESTERN CAPE

Facts about Mama Selestien:
Joined Clover Mama Afrika:
Nationality and language:

Date of birth:
Marital status:
Own children:
Children in her care:
Elderly in her care:
Outreach programme:

April 2007
South African
Afrikaans

11 September 1979
Married
2 sons
290
84
Open door policy to Ashbury community

Her inspiring message:

“It is nice to know where you come from but it is more important to know where you are going with life. If you know how to do something properly, show others how it should be done.”

Reason for starting the centre:

“I went through a lot of pain myself. I know what it was to be hungry. The feeling of ‘there’s never money’ and the rejection. I saw the same in my community and I wanted to be different. I did not want to be ordinary but extraordinary.”

How did Clover Mama Afrika change my life?

“I used to be a very shy person and only spoke when spoken to – that is how I was brought up. But when you look at me now, I am a woman empowered on so many levels. I know my place and won’t let anybody walk over me. I know to speak up for myself and for those I love. I started working alone but as time passed by, I got people to help me. I know that their lives have changed so much for the better – like one of my ladies, Aunt Ommies; she used to be an alcoholic but five years later she is still sober and has her own bank account – she also had no teeth but has been able to afford false teeth. Rozelle who did the sewing, cannot thank me enough for having given her the opportunity. They know that by working at my centre, I will always give my best for them.”



 

MAMA MIRRIAM MAKAMUS

SIPHO & MARY BAKERY TEMBISA GAUTENG

Facts about Mama Selestien:
Joined Clover Mama Afrika:
Nationality and language:

Facts about Mama Mirriam:
Started her bakery:
Joined Clover Mama Afrika:
Nationality and language:
Date of birth:
Marital status:

2008
March 2015
South African Zulu
21 March 1968
Married

Reason for starting the bakery:

“There are different reasons why I initiated or started this project of Sipho & Mary Bakery.

Community development – to create employment and eradicate poverty.

  • Food provision – food is a basic need of the society therefore I wanted to fulfill that.
  • Economic development – to generate income thereby contributing to income circulation.
  • Self-employment – I wanted the project to sustain my life and those closely related to me
    and the community at large.”

How did Clover Mama Afrika change my life?

“It empowered me in self-job creation. It made me to be a socially responsible person by creating employment and fulfilling government objectives of generating income and relationship building.

Clover Mama Afrika made me to be in link with suppliers supporting my business and the community and meet business people whom I can share ideas with. I developed the spirit of humanitarian (ubuntu)- living together in harmony, peace and tranquillity.”



 

MAMA NONDUMISO MPITIMPITI

STEP AHEAD EARLY CHILDHOOD DEVELOPMENT CENTRE

AMALINDA FOREST

EAST LONDON

EASTERN CAPE

Facts about Mama Nondumiso:
Started her centre:
Joined Clover Mama Afrika:
Nationality and language:
Date of birth:
Marital status:
Own children:
Children in her care:
Outreach programme:

1997
May 2016
South African Xhosa
30 May 1963
Married
5 children & 8 grandchildren
104
210 crèches & 5 foster homes with 37 orphans

Her inspiring message:

“Is this not the kind of fasting I have chosen, to divide your bread with the hungry and bring the homeless poor into the house: when you see the naked to cover him, give yourself to the hungry. Isaiah 58:6-10.”

Reason for starting the centre:

“The centre was formed on 3 January 1997 by myself after a painful sight of a child’s sores sitting outside the place where we used to worship. What a touching sight! Then the Lord spoke to me immediately and said, “BLESS THESE CHILDREN”! I couldn’t concentrate on the service that day. After the service I went to find out if there was any crèche or day care centre available in the area and the answer was no. The challenge was bigger than what I saw because I discovered that the greater percentages of the children in the area were loitering around the streets either abandoned, destitute or mothers were at work. Most of these children were a very moving sight, full of dry tears on their faces, some with a lot of running noses, very big tummies showing the signs of malnutrition, extremely dirty, some of them were without clothes, and on talking to some of them they were very meekly.”

How did Clover Mama Afrika change my life?

  • My life has changed tremendously, people call me Mama Clover Afrika!
  • Renovated my office as it was old!
  • Changed the lives of 14 people who are employed at the Bakery and at the Catering Department.
  • Changing lives of the community by giving them opportunities to get skills!
  • Clover Mama Afrika Trust has positively impacted my life the most. I have different skills that transfer to others.
  • With the help of Clover Mama Afrika Trust, my perspective on life changed.
  • Thank you so much Clover Mama Afrika Trust, what you do to us will be done to you hundred folds.“

B-BBEE COMPLIANCE REPORT

COMPLIANCE REPORT

Details of entity  
Name of entity Clover Industries Limited
Registration number 2003/030429/06
Physical address 200 Constantia Drive, Constantia Kloof, Roodepoort, 1709
Telephone number 011 471 1400
Industry/sector Agriculture
Email address darren.chetty@clover.co.za
Name of verification agency Empowerlogic (Pty) Ltd
Name or technical signatory E Ackroyd CA(SA)
Clover’s Accounting Officer Elton Bosch#


2017 BEE SCORECARD

B-BBEE Element 2017 
Ownership 10,42 
Management control 7,35 
Skills development 15,68 
Enterprise and supplier development 23,16 
Socio-economic development 11,00 
Total score 67,61 
Priority elements achieved N/A 
Empowering supplier status N/A 
Final B-BBEE status level Level 4 
* Under the amended agri-BEE codes Clover expects to drop to a level 8 at our next verification.
Plans are in place to move to a level 6 within 12 months.
# At the time of this submission Elton Bosch was Clover’s Chief Financial Officer.

 

CLOVER’S AND ITS SUBSIDIARY’S CONSOLIDATED CURRENT B-BBEE CERTIFICATE

 

Scroll
Intellectual capital
Financial capital
downloads
Integrated Report
Annual Financial Statements
AGM

Date: Monday, 26 November 2018 at 10am
Venue: Clover Headquarters
Notice to AGM
  Proxy

CONTACT

Head Office
200 Constantia Drive, Constantia Kloof,
1709, Johannesburg
Tel: +27 (0)11 471 1400

downloads
 

   Integrated Report
   Annual Financial Statements
AGM

Date: Monday, 26 November 2018 
at 10am

Venue: Clover Headquarters

 Notice to AGM
  Proxy

SHAREHOLDER INFORMATION

Head Office

200 Constantia Drive,
Constantia Kloof, 1709

Tel: +27 (0)11 471 1400

FEEDBACK

Sitemap  Disclaimer
Copyright Clover Limited 2018