TRANSFORMING OUR SOCIETY

We transform our society by supporting historically disadvantaged communities near our airports as outlined by our socio-economic development strategy. Through the implementation of this strategy, we fulfil the legislative requirements as outlined in the Department of Trade and Industry’s Codes of Good Practice, and the policies and programmes in the National Development Plan. In FY2020/21, we spent R14 million on projects across the country, and particularly in the communities in which we operate. Challenges that came about as a result of the COVID-19 pandemic impacted project schedules and progress, resulting in delays in the implementation of several projects.

SED spend

SOCIO-ECONOMIC IMPACT

Airports Company South Africa enables economic growth, transformation and socio-economic development through our operation. In the year under review, we once again conducted an economic impact study for FY2020/21, which enabled us to assess the socio-economic impact of our strategy and operations on the communities in which we operate, provincial economies and the country at large. Unfortunately, our impact has been dampened by restrictions placed on our operations as a result of the pandemic. Our impact in FY2020/21 is presented against our impact in FY2019/20 and illustrates the devastating socio-economic implications of the pandemic.

Contribution  to
South Africa’s GDP

FY2020/21 R5.5 billion
FY2019/20 R10.2 billion

Jobs created
(employees and indirect jobs)

FY2020/21 20 312
FY2019/20 23 750

Employee and local supplier’s
income supported

FY2020/21 R5.5 billion
FY2019/20 R10.2 billion