We have recently been certified as a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 contributor, something of which I am very proud. This rating comes a year after we were previously recognised as a Level 2 contributor, a steady and solid progression which points towards how serious we have been in recent years in terms of working towards this goal. However, the rating brings advantages to more than just Networks Unlimited.
Firstly, it also brings procurement advantages to our business partners. Our B-BBEE rating offers positive implications for our partners, because, at the Level 1 rating, we are now able to offer a procurement rating of 135 percent, meaning that we are able to assist you in a very real manner with regards to your competitiveness in the marketplace.
At the same time, our Level 1 rating allows us to continue with the educational support and upliftment of vulnerable communities. This is because our further rating improvement has taken place in part through our ongoing partnership with The Love Trust, our B-BBEE partner since 2018, which is focused on providing quality education to children in disadvantaged communities.
The Love Trust runs a number of initiatives focused on childhood development and the upskilling of teachers. Our relationship thus allows us to play our role in true empowerment by the upliftment of these young people, as well as their teachers, with a ripple effect into the community at large.
This means that when you procure a product from us, you are not only supporting us as a business, but also the development of children and teachers in disadvantaged areas in South Africa, and not just single shareholders.
At Networks Unlimited, we believe that investing in education is one of the keys that will allow us to truly unlock South Africa’s potential going forward.
Additionally, this Level 1 rating is an acknowledgement of the investment the company has made in our people, through both internal skills development, as well as the upliftment programmes and initiatives we have deployed or which we support. We believe that Networks Unlimited is, in a very real sense, helping to change people’s lives for the better, both internally within the company as well as outside it.
I invite you to read more about The Love Trust, as well as to contact me if there is anything we can do to assist you on your own business journey.
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