Proud to be a B-BBEE Level 1 Contributor
BCX is committed to doing business in a manner that ensures long-term sustainability for the benefit of South Africa’s many cultures and communities, as well as our stakeholders. For us, sustainability is a continuous journey and requires a multidisciplinary approach. We are committed to doing business in a manner that ensures long-term sustainability for the benefit of South Africa’s many cultures and communities, as well as our stakeholders. For us, sustainability is a continuous journey and requires a multidisciplinary approach.
Good governance, sound risk management, stakeholder engagement, BBBEE, and sustainability all form part of our vision to be a leading Information and Communications Technology (ICT) player in Africa and beyond.
BBBEE (Broad-Based Black Economic Empowerment) forms part of our overall transformation programme and encompasses deliberate activities and programmes initiated to promote and enhance the constructive and meaningful participation of previously disadvantaged groups inside and outside the organisation.
BCX is a Level 1 contributor in terms of the ICT BBBEE Sector Code, and our strategy is based on the following elements:
- Equity Ownership:
53.12% Black ownership and 20.19% Back Woman ownership which includes the Telkom facilitator status
- Management Control:
Previously disadvantaged individuals constitute 75% Black and 50% Black female and 100% of the board and executive management team respectively
- Employment Equity:
Current overall representation of 62% of previously disadvantaged individuals
- Skills Development:
Business practices and tools are developing at a rapid pace. Our customers and employees have embraced digital technology and are making the shift to digitalisation. The success and relevance of business depends on the decisions to deploy technology, solving business challenges and making the best of the opportunities. This is the essence of digitalisation. Our focus at BCX is on Management development, ICT technical skills internships and Learnerships where we are focusing on data science and coding, in partnership with WeThinkCode , Explore Academy and Netcampus we have trained in excess of 600 black students over the past 2 years.
- Preferential Procurement:
85.45% spend from BEE-compliant entities.
- Enterprise and Supplier Development:
Our enterprise development strategy supports existing black-owned, black-empowered and black-engendered SMMEs. BCX has various programmes and interventions to support entrepreneurs through the Enterprise and Supplier Development Platform. These programmes are described below.
- The Subcontractor Programme: The Subcontractor Programme within the BCX environment focuses on creating access to market opportunities through subcontracting for SMEs within BCX. As BCX tenders for work with its own clients, 30% of the Total Contract Value of tenders is set aside for SMEs through subcontracting.
- The innovation Programme: The Innovation Programme was launched in 2015 to incubate, accelerate, and invest in enterprises that develop solutions in areas such as the Internet of Things, big data analytics, artificial intelligence, smart cities, and cyber-security.
- Investment into the Future Fund: In line with our objective to drive innovation in the ICT sector, we have invested with IDF Capital to invest in early stage and seed stage, and growth stages of technology SMEs in South Africa. The IDF Future Fund consists of a Supplementary Fund that invests at early stage and seed stage, and the Main Fund invests at growth stage.
- Socio-Economic Development:
The vision for BCX’s Socio Economic development (SED) is to be an innovative and inspirational corporate citizen on the African continent. Our responsibility towards the communities where we operate is a business imperative that contributes to the sustainability of the organisation. Our focus is on School Development Programme – The majority of BCX’s SED funding goes towards the Telkom Foundation . The foundation is committed to making meaningful contributions to improving livelihoods in disadvantaged communities through a range of structured programmes. It Further seeks to promote and embed a culture of giving across the organisation through its programmes and employee voluntarism.
Code of Good Practice
Our Code of Good Practice is about more than law, it’s about conducting business in an ethical, responsible, and professional manner that is true to our values as a company, and as a team.
Supplier Code of Conduct
Part of the reason we are able to offer such a vast array of products and solutions to a broad spectrum of companies in all industries, is our partners. It is important to us that our suppliers, service providers, contractors, and consultants share our set of ethics.