Most empowered tech companies in South Africa

Empowerdex, South Africa’s leading barometer of black empowerment among JSE-listed companies, has published its top 100 list for 2016.

The list shows African Equity Empowerment Investments (AEEI) tops the list as the most empowered listed company.

The 2016 rankings differ from before in that many companies have converted to the revised 2013 Codes of Good Practice, while others are still operating under the 2007 codes.

Based on the 2007 Codes of Good Practice, Vodacom SA has the best score with 98.25 points, followed by Nedbank with 97.34 points.

The table below shows the JSE’s most empowered tech companies based on the 2007 codes.

Rank Company BEE score % Recognition JSE sector
1 Vodacom 98.25 125% Telecommunications
7 Adapt IT 93.38 125% Computer Services
20 Allied Electronics Corporation 87.50 125% Electronics & Electrical Equipment
23 Mustek 86.79 125% Technology Hardware & Equipment
24 Ansys 86.57 125% ICT
27 EOH Holdings 85.83 125% Software & Computer Services
30 Datacentrix Holdings 85.14 125% Software & Computer Services
41 Telkom 80.54 110% Telecommunications
50 Jasco Electronics 78.33 110% Electrical Equipment
54 MTN 76.60 110% Telecommunications
55 Pinnacle 76.58 110% Technology Hardware & Equipment

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Most empowered tech companies in South Africa