‘Professionalisation!’ has long been the war cry of procurement practitioners across the globe, and not less so in South Africa, where corruption is rife and procurement is often seen as the root of all evil – the home of the so-called ‘tenderpreneur’. But what does this mean? Professionalisation is seen as a social process by …
Research indicates a strong link between owner-manager education, access to finance and small business growth The growth of small businesses in South Africa is severely affected by the institutional environment in which they operate. In this series of articles, Cornelia Olivier, Head of Sourcing: Corporate Services, Absa, looks at South Africa’s institutional environment. In part …
Part 2 – Enabling small supplier growth in SA vs 75% of SME Credit Applications Rejected Read More »
The growth of small businesses in South Africa is severely affected by the institutional environment in which they operate. In a series of three articles, Cornelia Olivier, Head of Sourcing: Corporate Services, Absa, unpacks two formal institutional enablers necessary for small suppliers to grow. Olivier provides some insight as to why as many as 75% …
Enabling of small supplier growth in SA – formal credit extension and education Read More »
