Puleng Technologies is a Broad Based Black Economic Empowerment company.
Top financial performing and Top BBBEE JSE–listed Company, African Equity Empowerment Investments Limited (AEEI) holds the majority shareholding of 57-percent equity in Puleng Technologies (Pty) Ltd (Puleng).
Puleng complements AEEI's Technology division and will provide additional technical skills, strong returns on investments, innovation and above all world-class support to its clients. AEEI's acquisition of equity in Puleng falls within the Group's 'Vision 2020 Vision strategy to deliver value for our stakeholders and is an important breakthrough towards the growth plans in our technology division, in preparation of a planned listing in the next three to five years. The key to the success of our Vision 2020 Vision strategy is our ability to add long-term value in the businesses that we invest in."
The partnership is critical to Puleng, which after 12 years of remarkable organic growth, is now focused on the next level of development. Puleng's agility and sensitivity to its current and future market trends, will enable it to leverage AEEI's enviable presence position in the market and provides a platform for future exponential growth for the benefit of all concerned.
AEEI was awarded the Most Empowered Company and the Most Empowered Management of the Year awards by Empowerdex's Top 100 Empowered Companies Awards in October 2016, and was also ranked amongst the Financial Mail's Top 20 JSE listed companies for financial performance in 2016.
More about African Equity Empowerment Investments Limited:
African Equity Empowerment Investments Limited ("AEEI or "The Company" or "The Group") is a majority black-owned and black-managed investment holding Company based in South Africa.
The Group has investments in food and fishing, technology, health and biotherapeutics, events and tourism, all supporting Broad-based Black Economic Empowerment (BBBEE) and small, medium and micro enterprises (SMMEs). The Group also holds strategic investments in British Telecoms South Africa, Saab Grintek Defence, Pioneer Foods and Sygnia Limited, some with international partners.
AEEI's growth strategy is underpinned by a diverse portfolio and is reflected in our results. This growth strategy has laid a strong foundation for the next phase of the AEEI's Group's evolution which is reflected in achievements in terms of Vision 2020 Vision.
AEEI's primary market remains in South Africa; however, we continue to expand into the rest of Africa. Outside of South Africa we have a market presence in Asia, America, Africa, Europe, Dubai, United Kingdom, Zambia, Ghana, Uganda, Cameroon, Australia, Zimbabwe, Tanzania, Nigeria, Kenya and Namibia through our subsidiaries.
Puleng Technologies supports the values of human dignity, equality and freedom. Puleng encourages a work environment free from harassment, favouritism, victimisation and intimidation by facilitating the creation and maintenance of a workplace in which the dignity of every employee is respected.
Puleng shall ensure that no employee suffers unfair discrimination in respect of access to opportunities, treatment, remuneration or benefits.
Puleng Technologies code of conduct defines the overall principles of our staff and is embodied in our core values:
Puleng Technologies recognises that effective human resource provisioning of a diverse mix of top performing people at all categories and levels is of critical importance to the success of its business, as well as to the retention and potential development of its employees.
Since our inception we have maintained a PDI Graduate mentorship training programme.
This programme has allowed us to fast track the graduates learning, certification and commercial conduct and gives them the necessary experience they require in dealing with the pressures of working at our clients.
Puleng Technologies encourages the development and retention of a diverse workforce that is broadly representative of the people of South Africa and continuously increases diversity while at the same time appointing and retaining skilled staff at all operational and management levels
Since 2004 we have maintained a PDI Graduate mentorship training programme, where we take young learners through a technical and commercial conduct program, both within Puleng and within our existing customers. This program is unique in the sense that we partner our top skilled Technical Resources with a graduate, allowing them to gain valuable on the job training in a working production environment. This programme has allowed us to fast track the graduates learning, certification and commercial conduct and gives them the necessary experience they require in dealing with the pressures of working at our clients.
Puleng has had a Skills Development Program under way since inception of the Company. This program has already demonstrated tangible results and associated success in three ways: