Enterprise Development

Africa turns to small business sourcing, enterprise and supplier development

  Over the years, Africa has embraced newer models of business to create more prospects for economic growth. Driven by supplier diversification, economic transfer and building a more dynamic local content procurement approach, enterprise and supplier development (E&SD) is becoming a global action to inspire economies and create jobs. Key to this achievement is the […]

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Handbook: dealing with municipalities and their procurement procedures

  From black economic empowerment fronting to extending gifts for officials, doing business with municipalities is still far from easy, despite the best of intentions. A non-governmental organisation, EthicsSA, has landed a helping hand and has produced a 30-page handbook with guidelines on providing services to local government. The booklet covers rules for businesses vying

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SMMEs need “risk taking skills”

  Through developing and encouraging small businesses across the country, the Minister of Small Business Development Lindiwe Zulu urged SMMEs to develop and adopt a skill of risk taking and allow innovation as these could have positive outcomes for their businesses, said the Minister during the opening of Global Entrepreneurship Week in Johannesburg in November

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5 steps to totally transform your procurement department

  Effective purchasing is very much a case of sorting out your priorities says procurement transformation expert Paul Joesbury, as he lists the five ways you can successfully change the way your department works. Paul Joesbury began his talk at IMPA London by stating that purchasers have the best job in the organisation by far,

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Enterprise Developer, Property Point scores a Job Creation Award.

  Property Point, an enterprise development initiative, has been named the winner of the Job Creation Award in the Mail and Guardian Investing in the Future Awards. Property Point is an ED initiative founded by Growthpoint Properties, South Africa’s largest JSE-listed property company, in 2008. It has achieved tremendous positive results, not only in job

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Using local government’s R340bn spend to develop suppliers to increase service

  When local government is judged, the public evaluates the functioning of sanitation, water, collection of waste, traffic lights, solid waste and cleanliness, as those are the fundamental issues a local government ought to do. However, behind the scenes, an area receiving a great deal of municipal attention is the need to develop the capability

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Why is change management important for procurement and supply chain professionals?

  The only thing that stands between success and failure for an SME or QSE is opportunity. For suppliers to be defined as excellent, as trusted and the “go to supplier”, they have had to be provided with opportunities to perfect their craft. Opportunities as it takes time, effort and continuous improvements to master a

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Funding models for developing SMMEs – Part 2

  Last month, we started the conversation about the invaluable role that entrepreneurs and SMMEs play in positively impacting families, communities and economies. We also highlighted the need for corporates to become good citizens by contributing to a sustainable SMME sector, and partnering with SMMEs and diversifying their supply chain. “This month we’re looking at funding

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SMEs told to shapeup

  Too little information and awareness is sabotaging small- and medium-sized enterprises (SMEs) which makes it a challenge to receive credit, getting better deals from suppliers, and securing additional funding to help grow their business, says credit advisor Experian SA. “SMEs needed to be aware of what affected their credit profile negatively and positively, and

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