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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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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