The firm introduces Ascent Trust, an ICT skills education-focused trust, as it drives its broad-based black economic empowerment initiatives.
JSE-listed technology services group Altron has launched an ICT skills education-focused trust, as it drives its broad-based black economic empowerment initiatives.
The deal will also ensure Altron’s South African subsidiaries maintain their current B-BBEE rating and achieve full points on the BEE ownership scorecard with black-ownership exceeding 30%, and complement existing B-BBEE initiatives. • The principal objectives of the trust will be to facilitate and promote the B-BBEE ownership of the Altron Group and increase access to education opportunities to address scarce ICT skills in South Africa.
BEE Broad Based Black Economic Empowerment Werner Kapp ICT Skills Ascent Trust
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