SPEDU’S CORE VALUES

Integrity

• Adhering to moral and ethical principles, ensuring actions align with words and promises.
• Taking responsibility for one's actions and decisions, even when challenging.
• Upholding the same values and standards in all situations, regardless of circumstances or pressures.
• Building confidence in others through reliability and maintaining commitments.

Outcome Driven

• We deliver impactful results thinking with the end in mind.
• We are proactive and act urgently to evolving requirements.
• Commitment to timely delivery.
• Innovative, initiative and thinking ahead of the curve.

Customer Focused

• Our customers are our reason for being.
• We put our customer's needs first.
• We build long term relationships with our customers.
• We commit to ensuring customer satisfaction and acting on their feedback.

Accountability

• Taking responsibility for one’s actions.
• We keep track of our commitments, planning, learning and giving feedback.
• Meeting expectations with quality..
• Efficiently delivering on actions and use of resources.

Teamwork

• Taking part in a collective effort.
• Cooperative effort to achieving a common goal.
• Complying readily with requests and communicating in a clear and meaningful way.
• Respect for individual contribution and acting voluntarily to meeting common goals.

Ethical Conduct

• Stewardship - we actively protect the environment and optimally utilise resources.
• Consistently act with integrity and fairness, being honest, exemplary and supportive in line with company policies.
• Confidentiality - refraining from disclosing information without consent.
• Trustworthiness and openness - being reliable, truthful, acting transparent and consistently.

SPEDU’s constitution outlines its high-level objectives, interpreted as follows:

The Constitution:

  • Diversification of the economy of the region.
  • Promotion of investment, attraction of investors, and facilitation of trade.
  • Development of strategic infrastructure in the Region.
  • Identification and facilitation of the development of skills for economic participation.
  • Ensure equal distribution of opportunities for economic participation by communities.
  • Attraction and procurement funding for the development of the Region.
  • Conducting business in line with suitable governance protocols.

National Government Agenda:

SPEDU similarly aligned its Strategic Plan to the overall national Government Agenda to ensure sustainable economic development through:

  • Issuance of permits and licences.
  • Advocacy and lobbying for provision of infrastructure as well as reduction in utility tariff.
  • The One Stop Service Center.

Global Competitiveness:

The Company contributes to this objective through facilitation the Region to become a globally competitive Special Economic Zone:

  • Marketing SPEDU Region`s comparative advantages as investment opportunities.
  • Implementation of SPEDU incentives.
  • Lobbying for favourable land rates.
  • Facilitates production of certified products.

Growing SMME’s and Informal Sector through:

  • Assisting SMME`s with access to factory space, market penetration.
  • Cluster formation (CBO- trusts, Cooperatives, Associations).

Good Governance and Accountability; The Company contributes to this objective by:

  • Subscribing to and upholding good governance standards (King III) and internal control systems (Anti money laundering and whistle blowing system).

Public Service Productivity and Performance through:

  • Implementation of the Corporate Strategy and Performance Management System.

Achieving Food Security through:

  • Prioritising agriculture sector and its entire value chain.

Employment Creation through:

  • Facilitation of projects implementation that create sustainable employment in the SPEDU Region.