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Sanlam Transformation Gauge – Enterprise supplier development

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Welcome to Episode 4. Today we discuss the Enterprise & Supplier Development element of the BBBEE Codes Enterprise Development (ED) and Supplier Development (SD) is one of the three priority elements of the Broad-Based Black Economic Empowerment (B-BBEE) Scorecard. The aim is to strengthen local procurement, enhance local supplier development programmes and increase financial support towards black entities. Touted as one of the most effective levers of BEE, the big question is: Does ESD have the desired impact on black owned SMEs in South Africa? Ray-Ann Sedres, the Chief Transformation Officer, Sanlam
Litha Kutta, the Co-chairperson of the ESD Community of Practice dig into the detail of these findings.

20 Dec 2023 English South Africa Business

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