Enterprise Development

Brighter futures for Africa’s small suppliers (part 1)

  Barclays Africa is finding that many multinational clients are thinking with a long-term perspective; they are looking to develop local suppliers to ensure sustainability and cheaper procurement in the future, says KeaObaka Mahuma, Head of Enterprise and Supplier Development at Barclays Africa, in this month’s SmartProcurement. Enterprise development is about entrepreneurs. It is about […]

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Expo next week supports local, small suppliers

  Public sector bodies in South Africa have been urged to ensure their procurement strategies “explicitly recognise the significant benefits of procuring from local small businesses”. Speaking at a regional procurement conference, Small Business Minister Lindiwe Zulu, emphasised the need for established organisations to partner with small, medium and micro enterprise (SMMEs) to boost economic

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Absa and Supply Chain Network bridging the gap between big business and SMEs

South Africa’s population is one of the youngest in the world, with an average age of 24.9 years. That is a lot of potential young entrepreneurs who could start companies, create jobs and positively impact the economy — if the right training, knowledge-sharing and example is impressed upon them, says KeaObaka Mahuma, Head of Enterprise

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Better methods to achieve global supply chain visibility – white paper

  The nature of global supply and demand networks introduces distance, cultural and time-zone challenges. These, in turn, create increasing complexity, which is difficult to see into and manage. Ongoing mergers and acquisitions create even more complexity as each new division finds itself operating in silos and unable to leverage economies of scale across the

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Transformation – the conversation SA is NOT having…

  Enterprise and Supplier Development (ESD) exists purely to push South Africa forward in its transformation. More and more incubators of small and medium enterprises (SMEs) have come to the fore since the inception of B-BBEE, however, despite developing a strong SME sector, progress in terms of SME development remains moderate. Part of the reason

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Survey seeks to plot the state of ED in SA

The Enterprise Development Council of South Africa (EDCSA) is conducting an in-depth three-month survey on the state of enterprise development in the country. The objective of the research is to gather data from big business, enterprise development practitioners, business associations and SMMEs. Your views and thoughts of Enterprise Development (ED) as sector professionals and stakeholders

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Integrating SMMEs into the automotive aftermarket sector

  The evolution of BEE in terms of its roadmap to progressively integrate SMMEs into the supply chains of industry is prominent with the new BEE Codes. It highlights a government that has prioritised entrepreneurship and the advancement of SMMEs as the catalyst to achieve economic growth and development. “It is a positive step, because

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Business-ready suppliers showcased at ABSA’s ED event

  Suppliers met with decision makers, black-owned and black-woman-owned businesses at the Barclays Africa inaugural Supplier Diversity Day hosted by Barclays Africa Sourcing and Enterprise Development in April 2015. The Supplier Diversity Day aimed to showcase diverse small and medium sized suppliers with potential to participate in sourcing opportunities over the next 6 to 12

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Financial excellence is the holy grail of SMEs’ smart procurement

  While researching the causes for Small Medium Enterprises (SMEs) failures, Australian editor Cara Waters found that financial mismanagement is the biggest single cause. Until SMEs get their financial houses in order they are in great danger of failing or facing bankruptcy. Government has acknowledged that SMEs are major contributors to employment growth in South

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Professional ethics – a key to effective procurement and supply

  A code of ethics helps to clarify a profession’s values, provides a point of reference for decision making and can be used as a framework for discipline. Most codes of ethics are principle-based, providing guiding principles on which professional judgement and decisions should be based, rather than prescribing a rigid system of rules, says

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