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architecture interiors - Louis Karol

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BbbEE<br />

LOUIS<br />

KAROL<br />

In late 2003, <strong>Louis</strong> <strong>Karol</strong> became a BEE enterprise. But the concept of empowerment and affirmative action is nothing new at <strong>Louis</strong> <strong>Karol</strong>; having had<br />

an aggressive upliftment program in place since as early as 1981, decades before it became statutory. It is against this backdrop that members of<br />

staff from previously disadvantaged sectors as well as women (who are particularly under represented in the construction sector) have, over the last<br />

twenty years, benefited from skills transfer and been appointed to professional and managerial positions within the firm.<br />

Our shareholding and empowerment programs now constitute <strong>Louis</strong> <strong>Karol</strong> as the largest Black Empowered Architectural firm in South Africa. <strong>Louis</strong><br />

<strong>Karol</strong> is rated Level 3 in the coveted “Broad-Based BEE” category. As a result, all of our subdivisions (totalling 75 personnel), now conform to the most<br />

demanding, equity-driven Black Economic Empowerment criteria.<br />

5

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