Enterprise and Supplier Development

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A South African definition for Enterprise and Supplier Development

Enterprise and Supplier Development (ESD) in South Africa is a crucial element of the Broad-Based Black Economic Empowerment (B-BBEE) framework, aiming to rectify historical economic imbalances and promote inclusive growth. Here’s a detailed look at its four main pillars:

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Preferential
Procurement

This pillar encourages companies to procure goods and services from black-owned and black-empowered enterprises. By doing so, it drives demand for these businesses, enhancing their sustainability and growth.

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Supplier
Diversity

This aspect focuses on broadening the base of suppliers for corporations by including more black-owned and small enterprises. It promotes a diversified supply chain that is not only inclusive but also resilient.

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Supplier
Development

This pillar aims at improving the capacity and capabilities of black-owned suppliers. It involves training, resources, and transferring critical skills to these businesses to enhance their ability to deliver high-quality goods and services.

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Enterprise
Development

Investing in and nurturing of small and medium-sized enterprises (SMEs) to boost their operational efficiency, profitability, and sustainability. This support includes financial assistance, mentorship and access to business networks.

Together, these pillars work to foster a more equitable economic landscape, enabling black-owned businesses to thrive and contribute significantly to the South African economy. The overarching goal of ESD is to create jobs, foster economic growth, and promote a more balanced and fair marketplace.

A brief history of ESD in South Africa

The history of Enterprise and Supplier Development (ESD) in South Africa is closely tied to the evolution of the Broad-Based Black Economic Empowerment (B-BBEE) framework, particularly following significant changes introduced in 2015. Here’s a brief view of this history:
This historical shift reflects South Africa’s ongoing commitment to correcting its apartheid-era economic imbalances and promoting sustainable, inclusive growth through meaningful and effective empowerment initiatives.

Edge Growth
as ESD Solutionists

Edge Growth, established in 2007, was founded on the recognition of Enterprise and Supplier Development (ESD) as a pivotal force for economic transformation and job creation in South Africa. Over the years, the organisation has deepened its understanding and refined its approach, emerging as a leading ESD solutionist in the region.

Edge Growth has established itself as a cornerstone of ESD implementation in South Africa, leveraging deep insights and a comprehensive approach to assist companies in realizsing the full potential of ESD for economic transformation and social equity.

ESD Success Stories

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25Seven

25Seven is
Sparking Change
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TCJ Autobody

TCJ Autobody Pioneers
the Way for Women
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TS Legal

TS Legal Services on
The Path to Growth

Are You Ready To Move Beyond The Ordinary?

This pillar encourages companies to procure goods and services from black-owned and black-empowered enterprises. By doing so, it drives demand for these businesses, enhancing their sustainability and growth.