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Broad Based Black Economic EmpowermentA new dawn has broken in 2018 when Spatialintelligence (Pty) Ltd became a majority black owned company. This became possible with the establishment of the Non Profit Company "SiQ Empowerment NPC", whose beneficiaries are previously disadvantaged persons, and who now has the majority economic interest and voting rights in Spatialintelligence (Pty) Ltd. This further strengthens and underpins our view and approach towards BEE of one where it is our obligation as a company to contribute to the transformation process in South Africa. As always, we therefore strive towards this goal not due to fear but due to believe and obligation. One of the beneficiaries of the Non Profit Company, which we are very proud to be associated with is the Vastfontein Community Transformation Project, and more information on this is available under the Social Responsibility heading of our company website. Spatialintelligence (Pty) Ltd is thus now a level 2 B-BBEE contributor and has a 125% procurement recognition percentage. |
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