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Black Economic Empowerment
Black Economic Empowerment (BEE)
Swicon360 (Pty) Ltd. sold a 45% shareholding to a BEE investment company, within six years of Swicon360’s inception.
 

Black Economic Empowerment Profile

EMEX Trust Swicon360 Certification 2009

3 Steps to validate the latest B-BBEE certificate for Swicon360 (Pty) Ltd.

First step:
- Go to the following website: EMEX Trust Validation

Second step:
- Fill in the field ‘Certificate number’: EMEX2880

Third step:
- Click ‘ Validate Certificate’

Black Economic Empowerment Profile

It is the philosophy of Swicon360 that BEE should not merely consist of a minimal shareholding. True BEE should consist of a major and active stake in the organisation. Swicon's immediate goals are: local job creation, skills transfer and assisting other BEE companies through preferential procurement policies.

Skills Development

Over and above the Skills Development Levy, Swicon360 invests a figure equal to 8% of its payroll in the skills development of Black people. This is achieved mainly through active involvement and contributions to the Swiss Business Council, SSACI and BUSA.

Awards

The 2006 African ICT Achievers awards – Swicon South Africa as a finalist

Swicon South Africa was nominated in the category of the ‘Most Transformed ICT Company in Africa’. It is with great pride that Swicon has been awarded for its active transformation policy.

Over the past couple of years, the awards programme reflected achievement across Africa and actively included nominations from as far afield as Egypt, Namibia, Uganda, Nigeria and Kenya. Building on the success of past years, stakeholder meetings were held by the Department of Communications and ForgeAhead together with industry organisations to progress the Achievers vision for Africa. A stronger drive into Africa was a key focus for 2006, with emphasis on Women, Investment, Education, SMME and Innovation.