SACANCHAM’s CEO, Mike Morgan, attended the International Finance Corporation (IFC) and WEConnect International Corporate Roundtable on “Strategies to Increase Access to Markets for Women-Owned Small and Medium Sized Enterprises in South Africa”, held in Johannesburg, South Africa on 21st February 2019, hosted by EY.
The well-attended roundtable focused on what needs to be done to help local women business owners tap into corporate value chains in South Africa. Participants included representatives from IFC (Kenya, South Africa, USA); WEConnect International Corporate members; WEConnect International USA HQ; WEConnect International in South Africa; Gauteng, and North West province Government Officials, as well as other NGO and Foundations from South Africa. Corporates in attendance included EY, IBM, Absa, Accenture, Ingersoll Rand, Johnson & Johnson, Procter & Gamble, Cummins, Coca Cola Beverages, DOW, FNB, and MA Automotive Tool and Die (Pty) Ltd.
The background and context for the Roundtable discussion was the business case for supplier diversity & inclusion (SD&I), the global movement for gender-inclusive sourcing, and the current engagement by WEConnect International in South Africa with global and local corporates.
The facilitated dialogue among corporate representatives addressed several pertinent aspects, notably SD&I best practices from around the globe; collaborative efforts around BBBEE initiatives; strategies to engage buyers and the entire supply chain, and how to identify and engage internal key advocates and obtain support from senior leadership for maximum impact.
We look forward to ongoing collaborations and dialogue to ensure the implementation of strategies to increase access to markets for women-owned small and medium sized enterprises in South Africa. Discussions will continue with the WEConnect International in South Africa Corporate members and partners. If you are not a member of this group and would like to join us please get in touch with me to see how we can ensure progress on this very important topic.