WorleyParsons RSA forms black-owned engineering firm iX Engineers
WORLEYPARSONS RSA, part of Australia-listed global engineering company WorleyParsons, has formed iX Engineers, a black-owned consulting engineering company focusing on SA’s public infrastructure sector.The new company has been established following the incorporation of WorleyParsons’ public infrastructure business in SA with Black Jills Engineers, one of the first participating companies in WorleyParsons’ enterprise development programme.MD of Black Jills Engineers Lebo Leshabane will be CEO of iX Engineers, with 53% equity held by black employees. Thirty-five percent of those shares are owned by black women."This transaction is only linked to divesting from the municipal (infrastructure) market (in SA). We can no longer compete in that space," Denver Dreyer, CEO of WorleyParsons RSA, said on Monday.He said that thousands of smaller companies now competed for municipal and other government infrastructure spend relating to human settlements."(iX Engineers) will have no link to us wha...
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