THE BUSINESS
TRADE-OFFS IN OUR USE OF
SOCIAL AND RELATIONSHIP
CAPITAL
Senwes invests in social and relationship capital
in order to promote financial capital growth
over the long term and improve community and
government relations. Financial capital is, however,
decreased over the short term. In our view, a more
holistic and collaborative approach to community
engagement will provide a platform for meaningful
and sustainable future solutions and interventions.
ACTIONS TO IMPROVE
OUTCOMES
Digital consumer magazine;
Ethics helpline;
Fraud helpline;
Social investments and projects;
Improved and quality products and services;
Competitive pricing of products and services;
Involvement in initiatives to transform unproductive
farms into productive farms;
Recruitment of candidates from under-represented
groups;
The initiation and support of innovative
programmes to find practical solutions for
community problems and requirements;
The support of sustainable community interventions,
which will have a broader and more
sustainable impact over the long term; and
Improved communication in terms of content
and frequency with all stakeholders.
FUTURE
CHALLENGES
Rising cost of inputs and production;
Rating by credit rating agencies;
Fluctuating commodity prices;
High degree of infrastructure decline;
Lack of funding for initiatives, as well as poor
bureaucracy in terms of distribution of financial
support;
Quality customer service and relationships;
Food security and water shortages;
Local and rural safety;
Large scale expropriation of productive agricultural
land without compensation;
Bandwidth issues in rural areas; and
Suppressed soft commodity prices.
OUTCOMES 2020 2019
Active customers * Number 7 902 5 513
Active suppliers * Number 5 703 3 266
Spending in respect of authorities R‘m 211 262
Paid to suppliers of goods and services * R‘bn 3,5 1,7
Total corporate social investment and
community spending
Senwes Spinners Farm School Cricket
Development Programme
R‘m 3,1 2,5
Cumulative number
of students reached
1 820 1 690
*Increase in active customers and active supplier numbers as well as amounts paid to suppliers, are
largely attributable to the acquisition of KLK Landbou to the Senwes Group during the period under
review
REASSURANCE IN RESPECT OF
SOCIAL AND RELATIONSHIP CAPITAL
Social and Ethics Committee;
All Senwes Grainlink silos are audited and certified by the Perishable Product Export
Control Board according to a three-year cycle;
Reduced conventional electricity consumption through various initiated projects;
Reduced water consumption through initiated projects;
Waste management through recycling efforts; and
Continued focus and growth in Thobo Trust.
SENWES INTEGRATED REPORT 2020
29