In a significant stride towards fostering economic transformation and inclusivity in South Africa, CMC Networks, a leading global Tier-1 service provider, proudly announces its attainment of the Broad-Based Black Economic Empowerment (B-BBEE) Level 1 status for the fourth consecutive year. This achievement underscores the company's steadfast commitment to driving positive change and nurturing a business environment that prioritizes diversity and opportunity.
The B-BBEE Level 1 status not only reflects CMC Networks' dedication to promoting economic empowerment but also holds tangible benefits for its stakeholders, particularly its South African clientele. As a Level 1 supplier, CMC Networks elevates its procurement recognition from 125% to 135%, amplifying its impact on the local economy.
Marisa Trisolino, CEO of CMC Networks, expressed pride in the company's ongoing efforts, stating, "Securing B-BBEE Level 1 for the fourth consecutive year underscores CMC Networks' unwavering dedication to fostering transformation and inclusivity." Trisolino emphasized that this milestone is more than just a certification; it signifies a commitment to addressing societal challenges such as unemployment and inequality.
Beyond ownership, CMC Networks' commitment to empowerment extends across various facets of its operations, including management, employment equity, skills development, and socio-economic development. Through initiatives like bursaries, learnerships, and internships, the company actively nurtures talent and provides career pathways for unemployed youth and disabled individuals, embodying its belief in equal opportunities for all.
Trisolino reiterated the company's focus on leadership development and mentoring, emphasizing that investments in skills development will continue to drive socio-economic transformation in South Africa.
CMC Networks' reach extends far beyond South Africa, serving as a vital data communications partner for carriers, governments, multinationals, and non-profit organizations across more than 110 service locations. With the largest pan-African network covering 51 out of 54 countries in Africa and 12 countries in the Middle East, coupled with regional hubs across key interconnect locations worldwide, CMC Networks is poised to drive connectivity and empowerment on a global scale.
In conclusion, CMC Networks' attainment of B-BBEE Level 1 status for the fourth consecutive year underscores its unwavering commitment to driving positive change and fostering economic empowerment. Through initiatives aimed at skills development and diversity, the company continues to pave the way for a more inclusive and prosperous future, not only in South Africa but across the globe.