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Author: pippa-ed

Supplier Development graduation ceremony


Booysendal Platinum (Pty) Limited invites you to the graduation ceremony for supplier development beneficiaries completing the Aurik Enterprise Development Programme.

Date: 22 Nov 2024
Time: 10h00 to 14h00
Venue: Thaba Moshate Hotel Casino Convention Resort, Burgersfort.

Driving Economic Growth through Strategic Enterprise and Supplier Development in Mpumalanga

Mpumalanga, South Africa – In an ambitious move to harness the collective power of large businesses and SMEs for regional prosperity, a pioneering initiative brought together the supply chain needs of prominent corporations with the capabilities of up-and-coming small and medium-sized enterprises (SMEs). This initiative, starting off with an Access to Market event, is aimed at fostering a robust economic environment that champions inclusivity and sustained growth.

The initiative is led by esteemed ESD partners, Aurik Enterprise Development and Barberton Mines, a subsidiary of Pan African Resources, in collaboration with Barberton Mines Transformation Trust (BMTT). This partnership is designed to minimise supply chain risks, enhance business efficiency, and drive economic empowerment through targeted enterprise and supplier development strategies.

Barberton Mines’ Commitment to Transformation:
Barberton Mines has been at the forefront of Enterprise and Supplier Development (ESD) since 2021, focusing on creating a more inclusive supplier landscape and enhancing diversity and gender representation. The company’s dedicated ESD programme seeks to empower local SMEs, promote local sourcing, facilitate skills transfer, and ensure sustainable community benefits well beyond the lifespan of mining activities.

Aurik’s Expert Approach to SME Development:

Aurik Enterprise Development stands out with its bespoke ESD solutions. Aurik’s strategy encompasses comprehensive service offerings including strategic planning, sourcing and selection, with a focus on localisation, and innovative fund management. The company boasts a proven track record with SMEs observing an average profitability increase of 131% year on year, demonstrating Aurik’s commitment to delivering impactful and sustainable business growth.

The Access to Market event, hosted by Enhlanzeni District Municipality, provided a platform for Mpumalanga’s businesses to outline their supply chain needs and explore opportunities for collaboration with skilled entrepreneurs facilitated by Aurik.

It also allowed suppliers to express their experiences of working with large companies, and their interests in future opportunities.

This event was a critical step towards building a resilient economic structure in Mpumalanga, ensuring that all stakeholders can thrive together in a mutually beneficial ecosystem.

By fostering a dynamic partnership between established corporates and agile SMEs, it catalyses an ecosystem where collaborative efforts lead to shared prosperity. The Access to Markets initiative sets a foundation for a thriving, inclusive economy that not only meets today’s needs but also anticipates tomorrow’s challenges.

Ends

For more information on participating in the Access to Markets initiative, please contact Prosper Mukwakwami prosper@aurik.co.za

Transformation celebration!

We look forward to celebrating the work you do and the impact it has. Please RSVP below: