Procurement Advantages for Business Partners as Exclusive Networks Africa Maintains B-BBEE Level 1 Rating - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

  • 📰 ITNewsAfrica
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

Procurement Advantages for Business Partners as Exclusive Networks Africa Maintains B-BBEE Level 1 Rating -Exclusive Networks Africa has maintained its certification as a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 contributor,... -

Exclusive Networks Africa has maintained its certification as a Broad-Based Black Economic Empowerment Level 1 contributor, allowing it to pass on a preferential procurement rating, in turn, of 135 percent to its business partners.

“As one of the newest members of the Paris-based Exclusive Networks Group – a business acquisition which became effective from 01 December 2021 – we were pleased and proud to join a global publicly traded company, although we remain a company deeply committed to the development of South Africa. “To maintain our Level 1 status, we have taken pains with such factors as our management control representation levels, as well as making opportunities available within the company to our employees. Training and a commitment to rectifying the skills gap shortage in South Africa are key concerns, as is our relationships with external development partners, and giving back to communities.”

The Love Trust, founded in 2009, is a South African non-profit educational organisation which has, to date, reached over 20,000 primary and secondary beneficiaries in disadvantaged communities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 27. in BUSİNESS

Business Business Latest News, Business Business Headlines