Enterprise and Supplier Development Programme
Sun International is passionate about helping small and medium businesses in South Africa and this philosophy is at the heart of our Enterprise and Supplier Development (E&SD) Programme. By partnering with qualifying entrepreneurs and business owners, Sun International is enabling South Africa’s future economic growth by playing its role in Enterprise and Supplier Development.
Sun International’s E&SD Programme contributes by:
- supporting the introduction and development of black-owned Small Medium Micro Enterprise (SMME) businesses in our supply chain
- offering business opportunities to qualifying E&SD beneficiaries where possible
- focusing on the sustainability of the beneficiaries within the programme
- supporting the objective of the National Development Plan (NDP) 2030
- supporting strategic category management plans
- using E&SD funds to achieve meaningful value within the communities within which we operate
Why Supporting Local Businesses is Key to Our Success
Small businesses are crucial to growing the South African economy, contributing approximately 42% towards South Africa’s Gross Domestic Product.
Small businesses with fewer than 50 employees contribute approximately 68% of all employment in the country. The significance of this contribution to the economy is reflected in the National Development Plan’s priority to increase small business’s contribution to the economy to 90% by 2030.
Given these statistics there are significant opportunities for small businesses within our country, as entrepreneurs are recognised for their contribution to the economy of South Africa.
According to Catalyst for Growth, "Small Businesses represent 98% of the firms in South Africa, but only have a 9% survival rate over a 10-year period. For this reason, the major emphasis of Enterprise and Supplier Development is the long-term sustainability of these small businesses."
The Oliver Empowerment Awards
The Oliver Empowerment Awards recognise outstanding successful leaders, organisations and individuals who show inspiring leadership in encouraging empowerment and transformation in South Africa. Sun International was a 2016 finalist in the Oliver Empowerment Awards.
We Recognise and Reward Growth
As an enterprise grows, there are greater opportunities to collaborate with other Sun International properties. The goal of our E&SD Programme is to empower local entrepreneurs who have the potential to create further employment opportunities and contribute to boosting Enterprise Development in South Africa.
What’s The Difference Between Enterprise Development (ED) and Supplier Development (SD) Beneficiaries?
Strategic ED creates a pipeline of suitable suppliers into the supply chain.
An Enterprise Development (ED) beneficiary refers to the development of a company or individual that is not currently one of our active suppliers.
A Supplier Development (SD) beneficiary refers to a beneficiary who is currently one of Sun International’s active suppliers.
Sun International’s Enterprise and Supplier Development Policy
Sun International is committed to the transformation of the South African economy through the adoption of the Broad-Based Black Economic Empowerment (B-BBEE) framework. The group believes that all South African business enterprises have an equal obligation to redress the imbalances of the past by facilitating constructive participation by Black South Africans at all levels within our economy. It is this belief that drives our philosophy behind sustainable procurement practices related to Enterprise & Supplier Development.
The Sun International Group recognises the vested interest of all stakeholders in the manner in which its various businesses are conducted and is committed to ethical behaviour at all levels of the organisation.
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