Bytes Technology Group, wholly owned by JSE-listed Altron, has confirmed its status as South Africa's most empowered ICT group, scoring nearly 15% above its target of 75%.
In its most recent BEE rating, the group has scored an average of 89.66 out of a potential total of 100. This is as rated by Empowerdex, which has confirmed and ratified the scoring.
“We have worked relentlessly to ensure we both achieve BEE targets and contribute to the growth of South Africa,” says Skip Franzsen, HR executive at Bytes Technology Group. “It is gratifying that we can achieve our targets while continuing to deliver value to customers and shareholders.”
Particular highlights for Bytes in the year under review were:
* Ownership, where the group exceeded requirements significantly, with 22.83 against a possible 20.
* Preferential procurement, where the group scored 19.13 out of a possible 20.
* Enterprise development and corporate CSI, where the group scored a full house out of a possible 15 and five, respectively.
* LaserCom, which scored 95.44 out of a possible 100.
* Bytes Systems Integration, whose management soared from 1.92 to 5.30.
* Bytes People Solutions, which was named as the BEE star of the year at the annual Altron awards, earning close to 90%.
* Bytes Document Solutions, which breached the 90% barrier for the first time, earning 92.34%. Employment equity in this company soared from 6.53 to 10.43 in the period under review.
“Broad-based BEE is not a nice-to-do, or nice-to have. It is a critical input into addressing the historic inequalities of South Africa, and ensuring all can participate actively in the economy,” says Rob Abraham, CEO of Bytes Technology Group. “While we are pleased with these results, we will continue to drive our group towards full and proper demographic representivity, and we thank Skip and all our managers for their commitment to this goal.”
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Bytes Technology Group
Bytes Technology Group, a principal subsidiary of JSE-listed Altron and part-owned by Kagiso, is a federation of leading ICT companies. It operates predominantly in South Africa and has operations in several other African countries and the United Kingdom.
Sustainable and constant growth through strategic acquisitions has enabled the group to provide unlimited solutions to our customers and become a leader in the ICT field. It has a multitude of products, technical skills and specialised services that support enterprise-wide IT infrastructure and telecommunications in a wide range of industries.
Led by IT veteran Rob Abraham, the group constantly strives to provide its customers with best-of-breed technology solutions to help them do better work. The group's main focus is the provision of innovative solutions by integrating products, applications and services to its wide and diverse customer base.
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