Press Releases

Ontec Reaches Broad Based Black Economic Empowerment Milestone

Date: 02 July 2018
Internal To: Ontec, Itron, IPAY, Ontec Partner Network
From: Marketing & Communications

Cape Town, South Africa — 2 July, 2018 – Ontec Systems (Pty) Ltd, a leader in smart metering technology, is pleased to announce that it has reached a major milestone in its empowerment strategy as it received BBBEE (Broad Based Black Economic Empowerment) Contributor Level 2 Certification.

A key element in achieving this milestone was Ontec’s strategy towards Enterprise and Supplier development. Through the Ontec Enterprise and Supplier Development Programme, the company is able to support small business development in South Africa. In addition, Ontec’s commitment to community development is evident through its involvement in literacy development projects in disadvantaged communities. Through partnering with numerous worthy beneficiaries across different communities, Ontec sponsors various early literacy, tertiary training, and employment readiness programs in order to support skills development and economic growth in the communities where we do business.

The Level 2 certification demonstrates Ontec’s long-term commitment to supporting the strategic goals of South Africa. According to Damian Padachi, Chief Executive Officer of Ontec, “we are extremely proud of achieving a Level 2 BBBEE certification, which is reflective of the priorities and values of our Company.”

About Ontec Systems
Ontec Systems has collaborated with its customers to develop systems and metering technologies to meet the needs of large utilities, municipal environments, and private sector companies. The technology and services company is dedicated to delivering innovative solutions in the electricity, gas and water sectors. At Ontec we are committed to creating a smarter future for all.
To know more, visit www.ontec.co.za.

For additional information, contact:
Yolanda Gossel
Head: Marketing and Public Relations
Ontec Systems (Pty) Ltd
Tel: +27 21 928 1700
Cell: +27 83 488 8848
Email: yolanda.gossel@ontec.co.za