Local procurement: BBBEE in South Africa
In South Africa, all companies have to work within the BBBEE framework – the broad-based black economic empowerment system established by the government to ensure that wealth is shared across a wide spectrum of previously disadvantaged groups. Our current score, level 7, does not reflect our commitment to transforming the South African economy, and we want to improve it. As part of our plan, we have developed an enterprise supplier development strategy, including the establishment of two new centres – an enterprise hub and a technical hub, designed to strengthen local businesses near our operations. We have also identified eight core areas where we can develop more local suppliers, including fuel, materials, line spares, and equipment and maintenance.