https://www.engineeringnews.co.za

SAB entrepreneurship for employment initiative welcomed

SAB PROGRAMME
The SAB entrepreneurial programme, which provides a package of support, was launched in September

SAB PROGRAMME The SAB entrepreneurial programme, which provides a package of support, was launched in September

17th November 2017

     

Font size: - +

Business Unity South Africa (Busa) has welcomed South African Breweries (SAB’s) entrepreneurship campaign aimed at enabling South African entrepreneurs to create 10 000 jobs by 2021.

The entrepreneurial campaign brings together SAB’s initiatives under one integrated package and includes SAB KickStart which focuses on youth entrepreneurship support; the SAB Foundation that invests in entrepreneurs outside SAB’s value chain; SAB Thrive, which aims to invest and transform SAB’s suppliers; SAB Accelerator, which aims to promote black-women entrepreneurship; as well as SAB’s agriculture initiatives that aim to support emerging farmers in the SAB supply chain.

The SAB programme – which provides a package of entrepreneurial support, was launched in Soweto in September.

“Entrepreneurship is the backbone of any economy. In South Africa, small businesses contribute only 65% to employment, relative to a global average of 95%. “There is, therefore, significant scope to improve the effectiveness of public and private support of emerging enterprises,” stated Busa CEO Tanya Cohen.

She added that the SAB’s entrepreneurship initiative was in line with Busa’s approach to black economic empowerment and inclusive economic growth.

Busa identified enterprise development as one of the key enablers of transformation of the South African economy and growing employment opportunities. The potential to add many small and growing businesses owned and controlled by young, black people is an obvious avenue through which to activate inclusive economic growth.

“Systemically supporting entrepreneurship opportunities within SAB’s supply chain will make a meaningful contribution to enterprise development and job creation – both of which are critical to transformation for inclusive economic growth. It is, therefore, against this backdrop that Busa welcomes and congratulates SAB on this initiative,” Cohen concluded.

Edited by Zandile Mavuso
Creamer Media Senior Deputy Editor: Features

Comments

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/03/2024)
15th March 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.095 0.148s - 161pq - 2rq
Subscribe Now