BBBEE

CityPress - - Busi­ness -

“My per­sonal opin­ion is that the codes of good con­duct should not be a de­ter­min­ing fac­tor on de­ci­sion-mak­ing strate­gies with the busi­ness.

“If a busi­ness only en­gages in these ini­tia­tives to earn Brownie points, of what use is it re­ally?

“It has to be at the core of the busi­ness or owner’s prin­ci­ples to want to de­velop sup­pli­ers, trans­form the em­ploy­ment eq­uity land­scape and in­vest in so­cioe­co­nomic ini­tia­tives.” – Nar­gis Gani

Date com­pany was founded: March 2002 Num­ber of em­ploy­ees at start: 2 Num­ber of clients at start: 1 Num­ber of em­ploy­ees now: 120 Num­ber of clients now: 30 Num­ber of of­fices now: Fact op­er­ates out of a cen­tral lo­ca­tion and has field staff and em­ploy­ees based at client sites na­tion­ally and across the coun­try’s bor­ders

Cur­rent ge­o­graph­i­cal foot­print: The com­pany de­liv­ers ser­vices in a num­ber of coun­tries, in­clud­ing South Africa, Mozam­bique, An­gola, Kenya and Tan­za­nia

BBBEE sta­tus/level: Fact has achieved a Level 1 rat­ing since its in­cep­tion as an SMME. The com­pany’s in­creased turnover has pushed it into the generic eval­u­a­tion bracket in which it has achieved a Level 2 AAA rat­ing

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