In Part 2 of her article on fragmentation of African supply chains, Adenike Onasoga, Head of Supply Chain at Kimberly-Clark, Nigeria, says regional integration in Africa has come a long way through social advancement, political stability and economic expansion throughout the continent. However, more needs to be done to actualise the set goals, which she […]
Addressing Fragmentation: The Way Forward for Africa Read More »
Countries around the world are shifting their efforts towards one important concept– yet one that isn’t particularly new. “Localisation” refers to the renewed focus of procurement on buying from local companies, purchasing local products, and supporting local services. This idea is especially important in Africa, where local businesses need support. New online developments in B2B
Will B2B marketplaces help support localisation initiatives? Read More »
Leading light in the South African procurement space, Dr Faith Mashele, reminds us to focus on the 4 Ps to ensure that our industry thrives in the post-pandemic era. Two months into the year 2022, remnants of the COVID-19 pandemic have continued to remain prevalent in our day-to-day lives. For many of us, it feels
Thriving Procurement: The Essential 4Ps Read More »
Procurement as a driver for the development of the continent was a major theme at the recent CIPS Pan Africa Conference. "Unless we get procurement to support entrepreneurship, it will be like trying to move Everest with a teaspoon,” said KeaObaka Mahuma, head of enterprise and supply chain development for Africa at Absa, at
Empowering SMEs is key for Africa progress Read More »
Absa aims to raise more than a billion rand to support emerging small and medium enterprises (SMEs) in South Africa, and later across various markets where it has operations. This is part of the bank’s ‘Shared Growth’ initiative announced earlier in July 2016, through which the bank aims to use its assets and resources
Absa aims to raise more than a R1-billion to support SMEs Read More »
Much criticism has been levelled at dti over it New BEE Codes. Perceived by many as a legislator that has set an insurmountable bar, dti says its drive for economic-development has been lost in legislated translation. Liso Steto, Director at the dti, spoke to Smart Procurement Review about supporting small businesses and the perception
dti on the New BEE Codes – “we are not the enemy” Read More »
South Africa may have a diverse entrepreneurial landscape, but there are three distinct challenges that arise in the start-up and growth phases of a business. These are: limited access to market, little or no support structures, and restricted financial information and access to credit. In response to these problems “our team at Leap has
A world of business for SME’s launched Read More »
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
Using local government’s R340bn spend to develop suppliers to increase service Read More »
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
Funding models for developing SMMEs – Part 2 Read More »
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
SMEs told to shapeup Read More »
