TIS approached Broad-Based, Black Economic Empowerment (BBBEE) as a strategic imperative and this, together with the commitment from top management to transform the companies culture has contributed positively as TIS has been rated by Empowerdex as a Level 3 BBBEE contributor in 2012 .
TIS & BBBEE Transformation
Over the past few years Technology Integrated Solutions has totally committed itself to the principles of Black Economic Empowerment in South Africa. We see ourselves as a truly South African company. A dedicated BBBEE transformation committee was formed and tasked with compiling a BBBEE database which serves as a platform for measurement purposes regarding equity ownership, management and control, affirmative procurement, skills training, enterprise development and corporate social investment. The Transformation committee is also responsible for on-going identification and screening of complimentary BEE opportunities and preparations for BEE Ratings.
At TIS reaching BEE targets has become a key benchmark. And our objectives are reviewed regularly to align these commitments with the ever-evolving requirements of the BBBEE policy. Empowerdex, an authorised South African economic empowerment rating agency, has ratedTIS as a Level Three, contributor with a 100% procurement recognition level, as defined by the Department of Trade & Industry’s Codes of Good Practice.
In addition, the company's continued drive towards economic equity through broad-based black economic empowerment initiatives and scores show further improvement. We actively seek to support the creation and growth of BEE and SMME companies by applying affirmative action procurement and outsourcing policies. We continue to target further improvements by focusing on training and skills development, as well as broadening our enterprise development project already in place, as part of our succession planning programmes.
Broad- based black empowerment is an integral part of our everyday organisational culture at TIS. We are continuously seeking ways of recruiting the best talent in terms of BBBEE, developing and empowering this segment.
The TIS BBBEE plan is based primarily on the following pillars:
Our BBBEE initiatives are divided into 6 areas from which we operate, Ownership, Skills development, preferential procurement and Enterprise development, Employer Equity and Socio Economic development.
TIS is a division of Powertech SA (Pty) Ltd. Izingwe Holdings, a Black Economic Empowerment (BEE) consortium, holds 25% of the equity in Powertech SA. Izingwe Holdings is an empowerment group that has grown to become a significant investor in mining, engineering, infrastructure development and logistics. It is an active and long-term shareholder in Powertech that makes focused and value-enhancing interventions in its underlying investments.
The appointment of HDI’s is a priority in Senior, Middle and Junior Management grades and this is an on-going process.We are commited to attracting and retaining the best qualified and skilled people .
We are constantly recruiting graduates from recognised learning institutions in respective fields to enrol in learnerships at TIS. They are given the opportunity to practise and improve their knowledge under the careful guidance of our highly qualified team.
We are actively involved in the skills development of our staff throughout the year providing relevant training to enhance and grow their abilities and performance.
We use our BBEE database as well as actively search for BBBEE empowered businesses to conduct business with. This approach is promoted throughout the organisation.
TIS has a strategic business partnership with Matshipe Holdings cc, who provides catering services for all events and staff at TIS .We have provided assistance by investing in the business through various ways such as donating catering equipment such as work stations and insulated food containers.TIS also supports a Car Wash Service through the purchasing Car Wash Service tools and on-going business support .We are constantly seeking new enterprises to support.
Socio Economic Development
TIS has for a number of years supported Thuthuka Primary School in Tembisa as part of its Socio Economic Development (SED) initiative.These include:
|BBBEE Certificate.PDF||73.62 KB|
|BBBEE certificate 2012.pdf||337.72 KB|
|Technology Integrated Solutions Report.pdf||503.1 KB|