JOHANNESBURG – President Cyril Ramaphosa will launch the Business Leadership South Africa (BLSA) Connect and SA SME CEO Fund Circle in Johannesburg, the presidency said.
"Business Leadership South Africa Connect is an online trading platform that will give registered small, medium and micro enterprises (SMMEs) access to supply chain opportunities of large South African corporations that have an integrated global footprint," spokesperson to the president, Khusela Diko, said.
The online portal is said to promote supplier diversity and the inclusion of black suppliers in the value chain.
Diko said the initiative would create market opportunities for black-owned SMMEs through linkages and networking between large firms and SMMEs and would support emerging enterprises with access to enterprise and supplier development.
"This programme of broadening economic participation forms part of BLSA’s #BusinessBelieveInSouthAfrica campaign. One of the commitments under this campaign is support for small businesses," Diko said