|
Advance Call is a responsible corporate citizen and continuously strives towards compliance with the South African Government’s Broad-based Black Economic Empowerment (BBBEE) strategies.
The company is a level one contributor and its procurement recognition level is 135%. These levels have been determined in terms of an audit under the DTI Broad Based Black Economic Empowerment Codes of Good Practice.
Ditikeni Investment Company is a 30% shareholder of Advance Call. Ditikeni represents 19 non-profit organisations which work for poor communities in numerous fields, including HIV/AIDS, community development, local economic development, social security, land reform and child welfare. Since its formation in 1999, Ditikeni has built up a capital base which provides sustainable income to the non-profit organisations, which are:
- Association for Rural Advancement
- Black Sash Trust
- Cala University Students Association
|
- CDT Foundation
- Centre for Early Childhood Development Trust
- Centre for the Study of Violence & Reconciliation
- Church Land Programme
- Development Action Group
- Diakonia Council of Churches
- Labour Research Service
- National Institute for Crime Prevention and Reintegration of Offenders NICRO
- New World Foundation
- Nonceba Centre Trust
- Social Change Assistance Trust
- South African Council of Churches
- Trust for Community Outreach and Education
- Umtapo Centre
- Western Cape Association for Persons with Disabilities
- Workers’ Education Project
Ditikeni Investment Company is rated as a 98%-black-owned, black-controlled broad-based investment entity. Ditikeni holds 18 investments and pays a regular annual distribution to shareholders. Holdings include Chevron (1%), Marsh South Africa (2.5%), Kelly Group (5%) and Maitland Fund Services (10%), as well as several empowerment companies such as J and J Group and Sphere Holdings. |
