Telecommunications equipment and network solutions provider ZTE has entered a new broad-based black economic empowerment (BBBEE) partnership with 100% black women-owned enterprise Saldomax Technologies.
The new alliance aimed to affirm ZTE’s compliance and commitment to South Africa’s development imperatives and create an enabling environment for economic transformation, said ZTE South Africa chairperson and CEO Liu Haishi on Wednesday.
“We are moving into a new era and our focus is to grow relationships and extend our footprint in the South African market,” he added, pointing to further corporate social responsibility initiatives that are in the pipeline to demonstrate the company’s “commitment to South Africa and the development of its economy and people”.
Meanwhile, ZTE unveiled plans to move its corporate headquarters into a new 3 500 m2 Johannesburg facility in June.
“The new headquarters will be large enough to accommodate our growth plans and will house additional resources including a research and development facility. Obviously, this move will also bring further employment opportunities with ZTE and, as such, endorse our commitment to the local market,” Haishi concluded.