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Bestmed Hits the Target with PMR Africa Diamond Arrow Award

12 December 2013 Alan Fritz, Bestmed
Alan Fritz, Executive Head of Sales, Marketing and Distribution at Bestmed.

Alan Fritz, Executive Head of Sales, Marketing and Distribution at Bestmed.

In order to curb the high unemployment rate in South Africa, many organisations have proactively engaged in various initiatives to meet these challenges. Bestmed, one of South Africa’s leading medical schemes, initiated an empowerment project with Empowerforce which recently won them the PMR Africa Diamond Arrow Award.

PMR Africa Diamond Arrow Award is awarded to organisations who are category achievers, rated on their contribution to the economic growth and development of the City of Tshwane.

"We are very excited about this achievement and the recognition we received for taking part in contributing to the economic growth and development in the City of Tswane. The alarming statistics around unemployment, poverty and lack of skills among South Africans, have become a sore point and, irrespective of how little the contribution is to curbing these challenges, it is a step that every organisation needs to take,” says Alan Fritz, Executive Head of Sales, Marketing and Distribution at Bestmed, who accepted the award on behalf of Bestmed.

A survey was conducted amongst large and medium-sized companies, local and national government department based within the Tshwane Metro Area. Interviews were conducted during May, June, and July 2013 and were carried out telephonically utilising semi-structured questionnaires. Back-checks were conducted at all stages of the fieldwork, including response coding, data capture and analysis.

"We were named a category winner as an organisation held in high esteem as good corporate citizens, based on our corporate responsibility, initiatives and investments over the past 12 months,” said Fritz.

In line with the organisation’s strategic objectives, Bestmed Medical Scheme in collaboration with EmpowerForce and Just Rewards initiated an Empowerment Project aimed at empowering the youth in Pretoria through job creation. They initiated a three month pilot to gauge the feasibility of implementing the programme, as well as the sustainability thereof.Candidates of the programme participated in a two week training and assessment programme of which the top eight will receive a learnership contract to work in the call centre established within the Bestmed Faerie Glen offices.

Dries La Grange, Bestmed CEO, was also awarded for his outstanding service and contribution to the economic growth and development of Tshwane by business persons over the past 12 months.

Bestmed plans to continue to contribute to the community through initiatives such as this. "Our aim was to create an initiative that is sustainable and we have achieved that. We will continue to contribute to the development of the City of Tshwane and the country as a whole,” concludes Fritz.

Quick Polls

QUESTION

As National Treasury mulls a two-bucket retirement system, mandatory contributions and preservation, regulation 28 is being amended to allow up to 40% of retirement fund assets to be invested in SA-based infrastructure… Which of the following retirement fund ‘tweaks’ would you consider most beneficial to your clients?

ANSWER

Give fund members emergency access to retirement savings
Let fund members invest 40% in infrastructure
Let fund members invest 40% offshore
Mandatory preservation when resigning from a fund
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