DRS obtains level 2 B-BBEE contributor status
Edwin Moremi, Chief Operating Officer at DRS.
DRS (Dynamic Recovery Services), a Cyber1 company, is proud to announce its attainment of level 2 B-BBEE contributor status. The company prides itself on leading cyber resilience in South Africa. DRS works closely with many of the prominent enterprise and government companies to ensure this resilience is delivered.
DRS is committed to achieving a rating that assists in driving transformation and assisting customers with their B-BBEE scorecard. The company understands the importance of transformation, as well as the impact its contributor status level has on its customers. A decision was made to appoint Thrive Corporate Advisors as its B-BBEE consultant to create a transformation strategy, and together with the management of DRS, a roadmap was developed.
The roadmap involved the drive to transform the top tier of the scorecard: ownership and management control. DRS has increased its black shareholding percentage and identified talented board members, along with optimally aligning with the other B-BBEE measurement criteria. DRS strives for social economic development through informing communities about the industry and potential careers therein. Initiatives include educational outreach, bursaries and stationery.
DRS is committed to maintaining a level 2 contributor status and adhering to the transformation objectives captured in the amended ICT Codes.
Edwin Moremi is the Chief Operations Officer at DRS and excels in the cyber security industry. Moremi holds various qualifications in business and over 20 years of experience in cyber security, becoming a leader in the industry in South Africa. He joined DRS in 1998, and in 2004 he acquired 26% of the business through an equity buy-out via the EMM Family Trust. In 2008, he was promoted to COO and in 2018, his ownership in DRS increased to 30%.
Moremi's core focuses include developing and fostering relationships in the public and private sector. Moremi has achieved a keen and unique understanding of government requirements and processes. Furthermore, he is involved in the tactical, short and long-term operations management of the company.
"We hope that we can set the trend in the cyber security industry and continue to embrace change."