SA is one of the most unequal societies in the world characterised by high levels of unemployment. A slow growth economy is putting increased pressure on small businesses to create jobs. Despite growing spend on enterprise and supplier development, three out of four small businesses fail and only 10% will be around for more than a decade. 

It is within this environment that supplier development has taken centre stage to create real opportunities for small, black-owned businesses to enter the market. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.