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PDF 25 MB - Sun International | Investor Centre

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CONCESSIONAIRES<br />

Our concessionaires are close partners with us in all our properties and<br />

provide focused goods and services to our guests at the very highest<br />

standards of excellence. Given the symbiotic relationship they have with<br />

the group and the fact that their brands work closely alongside our brand,<br />

they work with us on customer standards, service delivery and exceeding<br />

customer expectations.<br />

Many of our concessionaires have concessions throughout the group’s<br />

properties and have become part of the customer experience and<br />

expectation. The group’s B-BBEE scorecard is demonstrably affected<br />

by their ability to deliver real empowerment and in this, many of our<br />

concessionaires – both older and emerging – have been particularly<br />

successful.<br />

COMMUNITIES<br />

<strong>Sun</strong> <strong>International</strong> is committed to good corporate citizenship, responsible<br />

leadership and the responsible management of our obligations to and<br />

impact on all sectors of society. Our aim is to have a positive impact on<br />

society, while minimising environmental risks and making a sustainable<br />

contribution to the economy and society.<br />

In the year under review, our total corporate social investment spend was<br />

R20 million.<br />

Our projects are managed both centrally and by unit, with our properties<br />

focusing on the immediate communities in the areas of their operations.<br />

Contributions are focused on a number of projects within the areas of<br />

Health and Welfare, Education and Community Development.<br />

In Health and Welfare, projects such as Reach for a Dream, the Tapologo<br />

AIDS Hospice and Emmanuel’s Haven receive substantial assistance from<br />

<strong>Sun</strong> <strong>International</strong> and provide care for children in distress or in need.<br />

The Palace of the Lost City<br />

JOINT REPORT OF THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICER continued<br />

5. BUSINESS PARTNERSHIPS<br />

In Education, secondary schools, bursary funds and the Study Trust receive<br />

financial aid from the company in areas from the Setotolwane Elsen<br />

Secondary School in Limpopo to the GrandWest CSI Bursary Fund in the<br />

Western Cape.<br />

Within community development, programmes such as Blisters for Bread,<br />

which is funded to the extent of R1.5 million and the Grootvaly Conservation<br />

Project in Gauteng are helped in their social and environmental efforts. The<br />

company is also one of the major sponsors of the South African paralympic<br />

team which competed in Beijing this year and will compete in London in<br />

2012. <strong>Sun</strong> <strong>International</strong> is also a founding member of the Arts and Culture<br />

Trust which has supported more than 500 projects throughout the country.<br />

In a judgement handed down in March 2010 the Land Claims Court<br />

ordered that the land on which the Fish River <strong>Sun</strong> complex is located be<br />

restored to the Mazizini community. An application has been lodged with<br />

the Land Claims Court for leave to appeal the judgement to the Supreme<br />

Court of Appeal in Bloemfontein. The hearing date of the application still<br />

has to be confirmed.<br />

Other communities share in different ways. For example, as part of a<br />

possible solution to the claim by the Mngungundlovu community for the<br />

land where the Wild Coast <strong>Sun</strong> is situated, we are evaluating various<br />

commercial exercises to enable us to put forward proposals to the<br />

community and the government – as the owner of the land. As part of the<br />

negotiations around the Wild Coast <strong>Sun</strong>’s new casino licence, the Wild<br />

Coast <strong>Sun</strong> deposited R2 million into a trust account to be used by the land<br />

claimants to secure professional advice to assist in the settlement of their<br />

land claim.<br />

Communities also share in our success through ownership of shares, such<br />

as with GPI, which has many thousands of investors who placed their<br />

faith in the company from the first day.<br />

59<br />

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