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Black Economic Empowerment Initiative |
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Jasco Electronics Holdings Ltd is the one of the top empowerment companies in South Africa, their BEE partner Community Investment Holdings, own 35% of the group shareholding with 56% control through voting rights, which confirms their commitment to change. Not only are they transforming at shareholder level but they believe this has to be cascaded throughout the organization. In the past year they have placed enormous emphasis on transforming internally and are pleased to report that they have appointed a number of senior black staff and management. Their efforts were recognized when they were placed second in the listed industrials category of the Financial Mail / Empowerdex Top Empowerment Companies this year. Their Empowerdex rating is now an “A”. This status has allowed TeleSciences to tender for work they could not have done before and they Phave seen success with new jobs won. |
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