Every potential supplier or service provider has the right to apply to be listed on the Sasol supplier base, says Alex Anderson, group media manager of Sasol. “However, there is an application and accreditation process to follow and goods and services should meet our technical quality standards and be competitively priced,” adds Anderson. An application to become… [Continue Reading]
Sasol has an estimated external pro-curement spend of R80 billion annually, 75% of which has been allocated to local businesses for a wide range of products and services such as maintenance services, utilities, general consumables and logistics readily available in the areas around Sasol’s operations. Established and emerging businesses have equal opportunity to become suppliers of goods and… [Continue Reading]
A black-owned laboratory that provides testing services for clients in the water resources industry increased its analysis output by 100%, thanks to an intervention by the Small Enterprise Development Agency (Seda). Seda assisted the laboratory, Mpumamanzi Laboratory Ser-vice, to secure a Technology Transfer Fund incentive for new equipment to increase the laboratory’s daily sample testing… [Continue Reading]
In business, networking is the key to success, and this is exactly what an intrepid business networking forum is focusing on to boost the fortunes of entrepreneurs and economies in the townships. Ekasi Business Network, which means “township” in isiXhosa, was established by entrepreneur Luvuyo Rani, who realised that there were no platforms in the… [Continue Reading]
More than 60 budding entrepreneurs will be graduating this year as part of the Imbizo Business Acumen Programme, which is jointly managed by Nedbank, Old Mutual, Mutual & Federal, Masisizane and Wiphold. It seeks to increase economic activity and financial inclusion in rural communities. According to Nkosinathi Msiza, senior communications manager at Nedbank, since launching… [Continue Reading]
The Small Enterprise Development Agency (Seda) once again underlined its position as the key small enterprise development organisation in the country when it released its annual report for the 2012/3 financial year recently. The addition of 10 in-cubators during the reported year increased the Seda Tech-nology Programme incubator network to 42, supporting more than 2… [Continue Reading]
Entrepreneurs with technical skills but lacking in formal education have now been given the opportunity to start their own companies through a Soweto-based incubation programme. The Seed Container Park (Secopa) incubation programme was introduced by the Department of Trade and Industry (DTI) with the intention to help highly skilled machine operators and manufacturers to start… [Continue Reading]
Small black-owned businesses will receive a significant boost in their attractiveness to supply to large companies and government when the revised Broad-Based Black Economic Empowerment (B-BBEE) codes, gazetted by the Department of Trade and Industry (DTI) last month, comes into effect in October next year. All businesses, regardless of the level of black ownership, with… [Continue Reading]
