Skip to main content

Promoting Partnerships

 

Siyakhula believes in the power of partnerships.

By collaborating with various stakeholders, we aim to promote supplier development, transformation and Broad-Based Black Economic Empowerment within the Barloworld group, while also supporting the broader objectives of the National Development Plan.

Here are our development partners:



Standard Bank

View website

 

EMPOWERDEX

Empowerdex assists businesses with accelerating Broad-Based Black Economic Empowerment within their organisations. Through auditing, research, advocacy and other services, the agency helps companies to assess their compliance status with regard to local legislation.

Partnering for Progress:

  • As part of its empowerment strategy, Barloworld Siyakhula has partnered with Empowerdex to promote BEE and transformation within its value chain.
  • Current support provided by Empowerdex includes B-BBEE auditing, certification and advisory services.

SOUTH AFRICA SUPPLIER DIVERSITY COUNCIL (SASDC)

By providing certification and compliance support, the South African Supplier Diversity Council (SASDC) helps SMME’s gain access to corporate supply chain opportunities. Through training, networking and screening of black-owned SMME suppliers, the council works to promote transformation within large organisations.

Partnering for Progress:

  • As a founding member of SASDC, Siyakhula enjoys a long-standing partnership with the council, along with a shared commitment to supplier diversity.
  • By helping Barloworld to identify and screen qualified SMME’s, SASDC plays a vital role in promoting supplier development within the group.

THE DEPARTMENT OF TRADE & INDUSTRY

The Department of Trade & Industry (DTI) has been tasked with driving Broad-Based Black Economic Empowerment and Transformation within the South African economy. As part of its mandate, the Department works with the private sector to foster growth among small and medium-sized enterprises.

Partnering for Progress:

  • Barloworld Siyakhula and DTI have joined hands to establish the Barloworld Siyakhula Incubation Hub (BSIH).
  • The project, financed with an initial investment of R60 million in matching funds over 3 years, aims to build the quality, capacity and quantity of empowered suppliers within Barloworld’s supply chain, in line with the Broad-Based Black Economic Empowerment Codes.

THE STANDARD BANK GROUP

Standard Bank is committed to helping small businesses thrive and prosper for the growth of South Africa’s economy. Through its Enterprise Development Unit, the bank provides an array of products and services specifically tailored to the needs of SMME’s.

Partnering for Progress:

  • Barloworld has formed a development partnership with Standard Bank aimed at supporting SMME’s within the group’s value chain.
  • As part of this collaboration, the bank assists eligible SMME’s with the finance needed to fulfil supply contracts, as well as to boost capacity and market share.