Parks Tau says nearly a third of ICT non-compliant with BBBEE

Financial reporter

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Minister of trade, industry & competition Parks Tau says up to 30% of large information and communications technology (ICT) companies operating in South Africa are at the lowest level of compliance with broad-based black economic empowerment (BBBEE) policy.

He was replying in writing to questions from MPs. MK party MP Sihle Ngubane asked the minister what the current verified transformation compliance status is for major ICT original equipment manufacturers operating in the country.

Ngubane asked specifically about Dell Technologies, Microsoft, HP, Oracle and SAP, asking for their BBBEE levels, employment equity compliance, affirmative action commitments and adherence to equity equivalent investment programme (EEIP) obligations.