Datatec celebrates its 30^th anniversary of being listed on the Johannesburg Stock Exchange (JSE), a significant milestone that underscores the company’s growth, innovation, and resilience.

Over the last three decades, Datatec has not only expanded its global footprint but also established itself as a leader in networking, cybersecurity and cloud infrastructure, with a transition to software and services. The company has adapted to the constant advancements within the computer industry driving the need for ever-increasing connectivity.

Datatec’s success on the JSE over the last 30 years is also a reflection of the confidence and support of its investors, partners, and customers. As a global company with strong South African roots, Datatec remains committed to fostering technological advancement and sustainable growth across its markets.

BBBEE and transformation

As a South African company, Datatec is required to comply with the Codes of Good Practice on BEE issued by the Department of Trade, Industry and Competition ("the Codes"), as well as the BBBEE Act 53 of 2003 ("BBBEE Act"), amended by the BBBEE Act 46 of 2013, specifically the ICT sector codes. In this regard, the South African-based operations are required to comply with the Codes. In terms of section 13G(2) of the BBBEE Act, read with regulation 12(3) of the BBBEE Regulations, all public companies listed on the JSE are required to provide the BBBEE commission, on an annual basis, with a report on their compliance with BBBEE.

WestconGroup SA (Pty) Ltd, Datatec's South African operating subsidiary, has achieved a Level 1 BBBEE status under the ICT charter codes, giving its customers 135% procurement spend recognition.

Logicalis SA (Pty) Ltd, an operating subsidiary, also achieved a Level 1 BBBEE status under the ICT charter codes, giving its customers 135% procurement spend recognition.

Datatec's consolidated BBBEE status, which includes the non-operating Datatec Limited head office, WestconGroup SA (Pty) Ltd and Logicalis SA (Pty) Ltd, is Level 3, giving its customers 110% procurement spend recognition.

Datatec takes BBBEE and transformation very seriously and will continue to comply with legislation and work on areas of improvement. Annual BBBEE audits are performed by an accredited independent BBBEE verification agent.

In its broadest sense, transformation is a strategic priority for the Company. Datatec is committed to BBBEE in its South African operations and transformation across all business practices and levels.

To view the WestconGroup SA (Pty) Ltd, Logicalis SA (Pty) Ltd and the consolidated Datatec scorecards, please click below.