PENTA Consulting has, for the third successive year, been recognised for its outstanding commitment to Broad-Based Black Economic Empowerment (B-BBEE) compliance and empowerment initiatives.
This achievement of Level 1 Contributor to B-BBEE status reinforces Penta Consulting’s position as a leader in promoting economic transformation and empowerment in South Africa.
The recognition follows an in-depth assessment covering key areas including equity ownership, management control, skills development, supplier development, and socioeconomic development and highlights the company’s commitment to inclusivity, diversity, and empowerment.
This emphasises the company’s dedication to promoting equity ownership among black individuals and black women, commitment to enterprise and supplier development, and making a meaningful impact on the community.
Penta’s initiatives over the past year have been backed by a R1.6 million training investment for disadvantaged students, and support for the Yes 4 Youth programme, which has led to many new employment opportunities in businesses spanning ICT, agriculture, and hotels. The company has also supported black-owned suppliers and small businesses through small business loans, monitoring, and mentorship.
Commenting on the recognition, Aminash Patel, MD of Penta Consulting, said: “We are honoured to receive this recognition for our dedication to B-BBEE compliance and economic empowerment.
Our company sees skills training, work experience, and youth employment as critical for transforming South Africa’s economy and providing opportunity to those who need it most. By empowering youth with skills and experience, we can help address unemployment and poverty in a sustainable, long-term way.
“We will continue to drive this positive change to foster a diverse and inclusive workplace and believe that investing in people and communities is key to transformation and economic freedom.”
Mokgadi Rameetse from the B-BBEE commented, “I am honoured to continue to see the journey of transformation changing lives and Penta Consulting achieving outstanding commitment to empowerment and to invest in transformation of south Africa. PCSA’s dedication to driving positive change through their initiatives is truly commendable and I would like to congratulate the leadership and entire team on their well-deserved recognition for B-BBEE level one.”
