Black economic empowerment
Dimension
Data acknowledges that as a result of the legislative, social, and economic
inequalities of the past, we have a moral imperative to bridge the chasm that
opened between the privileged few and the many historically disadvantaged
people of our country. This, together with an imperative to build an economy
that reflects the demographic nature of our country, has led to our
broad-based Black Economic Empowerment (BEE) strategy.
Our
strategy is strongly aligned with the requirements of the BEE (Codes of Good
Practice), and includes comprehensive commitment to all seven transformation
indicators: Equity Ownership, Operational and Management Control, Preferential
Procurement, Enterprise Development, Employment Equity, Skills Development
and Corporate Social Investment (CSI)
Having
worked intensely on achieving the targets and imperatives set out by our
statement of intent on BEE, Dimension Data is proud of the headway we have
made towards transformation. However, although we believe that significant
progress has been made, we are highly aware of the fact that the task of
transformation is not by any means complete. In the months and years ahead
our pursuit of comprehensive empowerment and transformation will remain
relentless.
At Dimension Data we believe that empowerment is synonymous with transformation. Not only of our company, but also our country. Our vision for transforming our company, uplifting our people and building our nation has become a reality with the concluded sale of 25.01% of the company to a broad-based BEE consortium led by Chairman Designate, Andile Ngcaba.
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Dimension Data still sees operational management participation as the heart of our BEE strategy. As such, we have exceeded our commitment to achieving a set target of 40% Black Executive Directorship by mid 2006. Effective 1 July 2006, Dimension Data (Pty) Ltd has 50% black representation at both board and over 57% at executive level.
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Following the release of the DTI Codes of Good Practice and the draft ICT Charter, Dimension Data very quickly focused on the implementation of a dynamic Preferential Procurement model throughout the company.
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Dimension Data, as a leading global provider of IT services, acknowledges the regional realities of the countries that we work in. One of the key realities in South Africa is the lack of BEE ICT companies capable of supporting large enterprise and public sector customers. Dimension Data is committed to addressing this challenge through its Enterprise Development Programme (EDP).
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Dimension Data’s ultimate employment equity goal is to have a demographic profile reflective of the regions we operate in. This profile includes both gender and racial complements.
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Our Corporate Social Investment (CSI) philosophy is to make a positive difference to the lives of people in the communities within which the Group operates. We seek to step outside of the business sphere to participate more broadly in our communities.
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Ongoing training and skills development is the bedrock of transformation, and an imperative for any company hoping to develop a competitive edge. Dimension Data recognises the long-term benefits of managing its talent base, keeping employees motivated and developing skills.
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