Independent empowerment rating agency Empowerdex has awarded MTN South Africa a Level 2 Broad-Based Black Economic Empowerment (BBBEE) rating in recognition of the strides the company has made in complying with BEE legislation.<\/p>\n
The Level 2 certification ensures that MTN is now classified as \u201cAAA\u201d by Empowerdex.<\/p>\n
\u201cThis improved rating is testament to MTN\u2019s commitment to being a responsible corporate citizen. It shows our focus on investing in enterprise development, human resources, skills development, and the promotion of equal opportunities,\u201d says Zunaid Bulbulia, Chief Financial Officer of MTN South Africa.<\/p>\n
\u201cThe improved rating bears testament to the hard work that MTN has done since the last rating. The MTN Zakhele Share Offer, which gave the Black Public about 4% ownership of MTN SA, was a resounding success.\u201d<\/p>\n
\u201cWhat this means,\u201d explains Bulbulia, \u201cis that any company doing business with us can now account for 125% of their spend with MTN as BEE spend, which assists that company in its triple bottom-line accounting processes. The new rating covers all aspects of MTN SA\u2019s business and increases our profile in corporate South Africa as a fully-empowered company\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
MTN South Africa significantly improved its BEE credentials to Level 2, up from a Level 5 rating the company received in 2009.<\/p>\n","protected":false},"author":23,"featured_media":25303,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19],"tags":[36,42,503],"class_list":["post-25301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-active","tag-mtn","tag-zunaid-bulbulia"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/25301"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=25301"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/25301\/revisions"}],"predecessor-version":[{"id":25311,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/25301\/revisions\/25311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/25303"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=25301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=25301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=25301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}