Categorized | B-BBEE

SAB transforms supply chain, invests millions into black-owned SMMEs

The South African Breweries (SAB) has invested more than R200-million into creating an inclusive supply chain which incorporates black-owned and black women-owned SMMEs through its Supplier Development Programmes, SAB Accelerator and SAB Thrive. In addition, more than 100 jobs have been created through these efforts.

SAB’s Supplier Development programmes, SAB Accelerator and SAB Thrive, aim to create a diversified and inclusive supply chain by supporting the growth of black-owned suppliers through business development support and funding.

The programmes are two of four entrepreneurship development programmes run by SAB to help create 10 000 jobs in South Africa by 2022. This commitment to creating jobs is over and above SAB’s Public Investment Commitments made to the South African government at the business combination of SABMiller and AB InBev at the end of 2016. SAB’s entrepreneurship programmes are SAB KickStart, SAB Foundation, SAB Accelerator and SAB Thrive. In addition, SAB’s agriculture programmes focus on growing emerging farmers and contribute towards the aim to create jobs.    

“From rural entrepreneurs to big business, SAB has laid the foundation to support entrepreneurs and to contribute towards government’s efforts to grow the economy reduce unemployment in the country.

“We recognise that one of the major hurdles for SMMEs in South Africa is the ability to gain entry into big business and form part of their supply chains. This requires a symbiotic relationship with big business working alongside smaller suppliers enabling, nurturing and helping them to grow to become capable and sustainable entities able to serve the organisation well and over the long term,” says Ricardo Tadeu, Zone President, SAB and AB InBev Africa.

SAB Accelerator and SAB Thrive cohesively solve the challenges of creating a healthy pipeline of suppliers that represent the demographics of the country.

SAB Accelerator has piloted 10 businesses which have created 29 permanent and 79 part-time jobs in a period of just 6 months. The programme is currently incubating 24 businesses as part of the official intake post the pilot. The target is to incorporate 100 suppliers per year moving forward.

SAB Thrive has invested R100m in 7 businesses which have created 46 new jobs. In addition, the programme has contributed R140m in new BBBEE preferential spend.

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