Bytes Technology Group and Transformation
Posted by Daniel Makhura on 24 October 2017 4:25 PM SAST
Information about the above
Bytes SA B-BBEE Accomplishments
South Africa’s most empowered ICT company in 2007
We are proud to have scored at a BBBEE level 2 for each of the last 7 years.
Our current overall score of 92.52 is a leader in the ICT sector.
Bytes Specialised Solutions (BSS) actively assists 442 SMMEs, spending R19 million per year on this initiative three times more than the requirements set by the dti codes.
The Success of Soya - Altron & Bytes Technology Group
Towards the end of 2007, Altron and Bytes donated R80 000 towards a small business development project in Orange Farm, south of Johannesburg. In August 2009, the project phase was concluded with Nambitha Nutritional Products standing on its own feet. The project aimed to help a group of unemployed young people to start their own small business in the community, built around a machine known as a SoyCow, which makes a variety of nutritious, soy-based products.
The project was managed by Joint Aid Management (JAM), who provided the emerging entrepreneurs with business advice and the necessary training. The project beneficiaries received all the inputs free of charge, subject to an innovative “community payback” component. Instead of having to repay a loan for the equipment, the entrepreneurs were required to donate a portion of their total production to crèches in Orange Farm each week during the project period.
When the project period ended in August 2009, the 10 crèches that were part of the programme had received more than 2 000 litres of soy milk, the equivalent of more than R20 000 worth of sales. More importantly, about 550 children had received nutritious milk on a regular basis.
By the time the project period ended, Nambitha had generated more than R5 000 of revenue for the business. This money has been put into a bank account to build up a financial reserve. As the entrepreneurs were receiving a small stipend during the year, they decided not to use any of their revenue for salaries.