Airports Company South AfricaLEADERS IN JOB CREATION & SUPPLIER DEVELOPMENT
About Airports Company South Africa
The year 2018 marked 28 years in which Airports Company South Africa developed into a pivotal connection between people and possibilities
Nelson Mandela put a positive global spotlight on South Africa after years of segregationist policies had alienated and disconnected us from the rest of the world. Madiba’s magnanimous personality, his lifelong struggle for justice and his unrelenting pursuit of the truth reconnected South Africa to the rest of the world when we needed it most.
Nelson Mandela’s ability to unite people and ideas across divisions and obstacles is what continues to inspire us at Airports Company South Africa as we connect people through managing and operating worldclass airports. We do this foremost in South Africa, but also on the African continent and globally.
As we commemorate the 100th year since Nelson Mandela was born in 2018, we are also commemorating the 25th anniversary of Airports Company South Africa’s existence. In 2017, we celebrated giving 41 million passengers the opportunity to connect with people, places, ideas and opportunities through our nine principal South African
Airports are catalysts in driving regional competitiveness when physical, economic and material connections are optimised between airports and their respective cities. Airports contribute many benefits to the wider economy and society at large, including access to markets, jobs, social progress and global connectivity.
Through our network of airports, we have contributed R9.5 billion to SA’s economy in 2018 which translated to nearly 15 000 direct jobs and the support of R2.8 billion of income to South African workers.
The “Airport Cities”, which refers to our airports and the associated services of tenants and suppliers surrounding our airports contributed R70 billion to South Africa’s economy in the 2017 financial year, 234,000 jobs in South Africa and support of R32 billion in income to workers in South Africa.
Our focus is not only on running the country’s airports, we also have an active strategy to grow and develop airports across the world. Through concession agreements we have a stake in Mumbai International Airport in India and South America’s largest Airport, Guarulhos International Airport in Brazil. We have a Sister Airport Agreement with Munich International Airport in Germany as well as various agreements with different airport companies.
Airports Company South Africa is providing the connectivity and access required for a modern thriving South African economy. Our airports are enabling businesses to capture overseas opportunities and facilitating the coming and going of tourists, trade and socioeconomic development.
To our former statesman, Nelson Mandela, our original “connector” – we salute you and thank you for opening a million doors of connectivity for us as a nation. Airports Company South Africa will continue striving to connect people and places through providing world-class infrastructure and opportunities in the aviation sector of our continent and abroad.
AIRPORTS COMPANY SOUTH AFRICA HAS TRANSFORMED ITSELF, SINCE ITS INCEPTION IN 1993, IN THREE MAJOR AREAS; FIRST, IN THE DIVERSITY OF ITS WORKFORCE; SECOND, IN TECHNICAL CAPABILITIES (BOTH IN CORE AND NON-CORE REVENUE STREAMS); AND FINALLY, A COMPLETE TURNAROUND OF THE PASSENGER EXPERIENCE TO A LEVEL THAT IS GLOBALLY RECOGNISED TODAY.
Over these 25 years, transformation has shifted dramatically from an awkward add-on for most companies into something that should be at the core of every business strategy.
At Airports Company South Africa, transformation is indeed at the core of our business strategy. For us, transformation transcends ritual commitments. We are specific in our objectives and our transformation related performance is an integral element of evaluating the overall business.
We are committed to achieving transformation by providing development opportunities for previously disadvantaged people. Our transformation agenda is aligned with South Africa’s NDP and is guided by our transformation imperatives and Sustainability Framework.
Our strategy focuses on accelerating transformation in seven sectors where we are active: the property, retail, car parking, construction, advertising, ground handling and IT sectors. We are pleased with what we have achieved so far. In terms of our suppliers, black-owned businesses now share 61% of our operational and development spend and 59% of our commercial revenue.
In the 2017/18 financial year we invested R110-million in transformation initiatives, despite constraints in our business environment due to the 35.5% reduction in tariffs by the regulator.
But we know we must do more. Transformation remains a moral, social and economic imperative.
The Enterprise Supplier Development programme of Airports Company South Africa has developed over the life of the company’s first 25 years into highly organised and targeted support for black entrepreneurship.
We define Enterprise and Supplier Development as financial and nonfinancial support provided to SMMEs to enhance economic participation, stimulate job creation and encourage corporates to engage in meaningful transformation. It includes procurement from these SMMEs to help them grow. Rather than simply set procurement criteria and targets, Airports Company South Africa provides three forms of practical development support. Technical support is given to entities to improve the quality of their core business operations, such as assistance in receiving relevant accreditation.
Financial support is given to entities to improve their finances through reduced payment cycles and other measures. Business development support is given to entities to improve their business management skills, for example in the areas of contract performance and customer care.