Impact SA

Absa

Formidable Friday – Vusi Fele on enterprise and supplier development

In this Formidable Friday edition, Absa’s Chief Procurement Officer Vusi Fele maps the context of the current state of sustainability of enterprise and supplier development and discusses the transformation policies that go beyond Broad-based Black Economic Empowerment (BBBEE). He also discusses future-fit solutions to ensure widespread and sustainable success in this arena.

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No longer business as usual: The role of the private sector to improve schooling in South Africa

This article is based on a Report  titled “No Longer Business as Usual: Private sector efforts to improve schooling in South Africa,” funded by Absa Group Citizenship, and prepared by the Centre for Development and Enterprise. Click here to download the Report , or visit www.cde.org.za The COVID-19 pandemic affected education systems around the globe

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Watch: How an Absa sewing project built one SME up in more ways than one during lockdown

The brief was to sew 52 000 masks in a very short time. Absa’s support of this small company enabled its employees to feed their families. And as the Jodi Deerling team worked day and night to fill this enormous order, they gained another invaluable benefit from the project. They realised that they are also family to each other.

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The most urgent climate crisis-related risks facing South Africans in the first half of the 21st century

By Kevin Bloom Kevin Bloom, senior investigative journalist of Daily Maverick‘s Climate Crisis reporting division “Our Burning Planet” This article is based on a Climate Risk Report commissioned by Absa Group Citizenship and online independent newspaper Daily Maverick. World-acclaimed scientists at Wits University’s Global Change Institute, with a panel of 12 experts from various disciplines,

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COVID-19: Fast tracking the adoption of the Fourth Industrial Revolution (4IR) in SA’s dual economy

Technology and digital access are the kingmakers in a post-COVID-19 world. The pandemic has accelerated digital transformation on an unprecedented scale. As British-American entrepreneur and author Andrew Keen was quoted as saying: “We are surviving through this pandemic because of technology. Everyone is sitting at home, and their window to the world is through their smartphone.”

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COVID-19 reveals the fragility of our world – Absa’s COVID-19 efforts

The global pandemic has laid bare risks we have ignored for decades: inadequate health systems; gaps in social protection; structural inequalities; environmental degradation; and the climate crisis. Entire regions that were making progress on eradicating poverty and narrowing inequality have been set back years, in a matter of months. Those were the words of United Nations

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