By Lusapho Njenge, Exxaro Resources Manager for Enterprise and Supplier Development, and Armel Ciamala, Tysys Capital Group Manager for SMME Development and Financing There is no doubt that small businesses are the backbone of the economy. They make up a majority of the country’s businesses yet face a number of challenges that prevent them from […]
The secret to a successful ESD programme: Holistic support Read More »
Inclusive procurement and enterprise and supplier development at Impala Platinum Holdings Limited Impala Platinum Holdings Limited (Implats) is one of the world’s foremost producers of platinum and associated platinum group metals (PGMs). Core to the group’s ethos is its belief that preferential procurement and investment in enterprise and supplier development (ESD) provide important opportunities for
Promoting social and economic transformation in South Africa Read More »
MultiChoice Group, the African entertainment company that operates DStv, has shortlisted six start-up and scaling businesses that will be progressing to the final leg of the MultiChoice Accelerator Programme. By investing in and developing entrepreneurs with innovative businesses ideas, MultiChoice is helping to shape the industries of the future. “As MultiChoice we are excited to
MultiChoice connects South African SMMEs with global start-up investment community Read More »
Through its Enterprise and Supplier Development (ESD) programme, Mondelēz has recently taken up the challenge to empower Black-owned small, medium and micro enterprises (SMMEs) through skills development and preferential procurement. “For a period ranging from 2019 until recently, our ESD programme supported a number of businesses in the Sales, Marketing, Catering and Transport industries –
Mondelez International Forging a Path to Transformation Read More »
Enterprise supplier development funds are prominent in SA, partly due to the change in the BBBEE ratings methodology, which made it the most significant element on the scorecard. But it’s not making the impact it should. An interest rate of 15% a year. That was the rate (prime + 5%) we were offered by one
Why enterprise supplier development funds are missing the mark Read More »
Since its inception in 2013, the Sanlam Group Enterprise and Supplier Development (ESD) programme has helped 267 South African SMEs and financial planning businesses grow their revenue by 21%, on average, and create 391 sustainable new jobs. In total, its supported almost 2 500 jobs. Despite the difficulties of Covid-19, the 2020/21 programme saw 35
BUILDING UP OUR BACKBONE IN TOUGH TIMES Read More »
Corporate South Africa provides vital information regarding rate of transformation and job creation. Established small business development specialists, Edge Growth is preparing to announce the findings of their annual research into the state of ESD and SME Development on Friday 3 September 2021. These findings will provide vital information from corporate South Africa as to
THE CURRENT STATE AND FUTURE OF THE ESD INDUSTRY Read More »
Boost for local champion bringing innovative, local and trusted battery storage solutions for African energy needs. I-G3N, the only black empowered female-owned SME to successfully develop lithium-ion batteries specifically for the African continent, has successfully raised R 20 million from Edge Growth and the ASISA ESD initiative. Recognising I-G3N’s capability in designing developing and manufacturing
HOMEGROWN BATTERY MANUFACTURER SECURES R20 MILLION INVESTMENT Read More »
Every month is Youth Month at Afrika Tikkun. Recognised as one of South Africa’s most impactful organisations, Afrika Tikkun works with its partners to end child poverty and youth unemployment. As part of the Afrika Tikkun stable of companies, Afrika Tikkun Services (ATS) was established in 2012 to help corporate clients evaluate their transformation mandate,
Afrika Tikkun introduces free B-BBEE consultation campaign Read More »
Our young people are the architects of our future. June is when we celebrate Youth Month and honour the bravery and sacrifices of a generation of young people who had the courage and conviction to make a stand for change. The drive to empower our young people so that they can reach their full potential
Grow Right Edge Solutions: Empowering a generation Read More »
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