Liquid Intelligent Technologies South Africa, a business of Cassava Technologies, has announced that it has achieved B-BBEE Level 1 status. Liquid Intelligent Technologies has been working to achieve this status since the company expanded operations in South Africa through the acquisition of Neotel in 2017.
Liquid is a prominent investor in the country’s critical telecommunications and technology sectors and embraces the true spirit of transformation through improved participation in the economy for previously disadvantaged groups.
According to Deon Geyser, CEO Liquid Intelligent Technologies SA, “This is an excellent achievement for us, which we don’t take lightly. We will continue providing all our stakeholders with the excellent service associated with our brand while we continue to participate in South Africa’s transformation agenda. As a leading technology player in the industry, we strongly support public and private partnerships to drive digital transformation in South Africa.”
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Liquid is committed to Broad-Based Black Economic Empowerment (B-BBEE) principles and aligns with the ICT Sector Code in Section 9 of the B-BBEE Act. Over the years, the company has continuously invested in enterprise and skills development programmes, focusing on the youth and small and medium enterprises.
Commenting on this milestone, Hardy Pemhiwa, President & Chief Executive Officer, Cassava Technologies, said, “We are very proud of the strides taken by the Liquid Intelligent Technologies SA Leadership team to help drive transformation in the country. Our top rating will not only help increase our overall competitiveness in the market but also ensure real economic empowerment for all members of the society. This is in line with our vision of a digitally connected future that leaves no South African behind.”
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This achievement comes at a good time as ICASA works on finalising the licensing of critical high demand IMT spectrum in early 2022. Liquid reaffirms its commitment to working with customers, partners and stakeholders to create an industry that is solutions-driven and responsive to the need of all customers for reliable and cost effective broadband services in line with international technology trends.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry