QEC and the Set Top Box Tender 2012

QEC (Pty) Ltd has positioned itself to manufacture set-top boxes (STBs) locally. Established in 1994, QEC has spent several years growing and developing a successful electronics manufacturing company in South Africa.

Early in 2012, QEC's founder, Paul Soteriou, brought Lereko Investments on board. Lereko is a black-owned, black-led investments company operating in South Africa.  The founding partners, the late Eric Molobi, Valli Moosa and Dr Popo Molefe had a vision of becoming effectively involved in broad-based empowerment in South African business. Shortly after its inception, Dr Lulu Gwagwa joined Lereko as Chief Operating Officer.

Another profound shareholder in QEC is Utembezi (Pty) Ltd, Anitha Soni. Anitha Soni was awarded the much-coveted and prestigious "2002 Business Women of the Year BBQ Award". The BBQ Awards are a benchmark in the progress of empowered South Africa. It recognises achievements in Black Business and honours excellence in 12 Categories, amongst which is Businesswoman of the Year.

QEC then brought on Malibongwe Woman Empowerment Trust as a shareholder. This decision was taken in an effort to advance the empowerment of woman in the electronic industry. QEC views Malibongwe as a strategic partner that will play a vital role in identifying and positioning woman interested in a career in the electronic's industry onto the QEC Training and Development Programme for the roll out of set- top boxes in South Africa.

QEC is hard at work with all its partners in completing the tender submission due on the 31 August 2012. All the partners are exited about the future of the electronics industry in South Africa with the opportunity that set top box manufacturing presents.