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By Anton Ressel, Senior Consultant, and Director

The inaugural ABSA Supplier Development Awards held earlier this year was illuminating for a number of reasons. Often a misunderstood section of the B-BBEE Codes of Good Practice (and an increasingly important component of the BEE scorecard), supplier development (SD) involves corporate and public sector supply chains providing varying levels of support and access to emerging black-owned businesses and suppliers, with a view to transforming the economy and redressing past inequalities.

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On 24 May of this year, the inaugural ABSA Supplier Development Awards took place and the event was an absolute success. If you don’t know what the awards are about or why they are so important then this short video will get you up to speed.

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ABSA Supplier Development Awards

The ABSA Supplier Development Awards have come and gone, but they are still fresh in our minds. The awards celebrated big businesses making a big impact with their supply chain initiatives and programmes. From big players like Massmart who were the overall winners to amazing companies like Hatch Africa who all play a part in the development of small businesses in South Africa. Read more

Johannesburg, 23 May 2018: National retailer Massmart was named Overall Winner at the ABSA Business Day Supplier Development Awards that were held at a prestigious breakfast at The Empire Venue in Johannesburg. More than 400 entries were received for the inaugural Awards that were presented in partnership with FetolaCold Press Media, and Tiso Blackstar Group. Read more