Illovo - Socio-Economic Impact Report 2014/15 - page 3

Illovo’s economic impact in through these direct, indirect and induced impacts on GDP in the six
countries in which we operate, is estimated at R18.5 billion per annum, as illustrated in this report.
Our Value-added Statement and our Five year Review of financial performance and statistics in our
Integrated Annual Report (available at
)
, provide further information on the
considerable positive economic impact that our operations have on the socio-economic development of
the regions in which we operate and the wealth we create through manufacturing, trading and
investment and its subsequent distributions to shareholders and reinvestment in the business.
SOCIO–ECONOMIC IMPACT ASSESSMENTS
As disclosed in our 2014 Integrated Annual Report, in 2013 we commissioned an independent socio-
economic impact assessment of our operations to form a deeper understanding of the group’s impact in
each of the countries in which it operates. The assessment, which was compiled by Corporate
Citizenship, an international and independent company, provides a clearer picture of our impact on the
economies, communities and individual livelihoods in Africa, and also highlights opportunities for Illovo to
enhance its positive social, economic and environmental impact. Summarised here are the key impacts,
by group and by country of operation. Fort the full Corporate Citizenship reports, please visit
:
1,2 4,5,6,7,8,9,10,11,12,13,...20
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