Tue, 9 Aug 2022
22.7 C
Durban

Black business body in strategic partnership with KZN water utility

Home Infrastructure Black business body in strategic partnership with KZN water utility

THE Black Business Federation’s (BBF’s) strategic partnership with KwaZulu-Natal water utility Umgeni Water is set to ensure that 35% of local and remote businesses participate in the Umgeni value chain.

That’s according to federation President Malusi Zondi, who said the deal would ensure mainstream economic participation for local black businesses thereby empowering local businesses and creating more jobs in rural KZN communities.

“This partnership is aimed at maximum empowerment and uplifting of black businesses, especially those who have been excluded from participating for the past five years while some had to shut down.”

Zondi said other benefits included training of traditional leaders, upskilling of manufacturers and driving of business opportunities in rural areas where dams are located.

“The… partnership with Umgeni Water is…  affirmation of the fact that we are indeed a country filled with possibilities of achieving economic transformation and entrenching participation of black businesses, especially for the previously disadvantaged.”

Most Popular

Acquisition of Sunshine Bakery by RCL Foods

RCL Foods has concluded an agreement for the acquisition of Sunshine Bakery Holdings Proprietary Limited, a Company indirectly majority-owned by AFGRI Group Holdings. Established in...

Toyota opens R365-million warehouse

“I’m happy to report that the R365-million expansion of the Atlas Parts Warehouse, that kicked off two years ago, is now complete!,” says Andrew...

Reigniting economic growth through manufacturing

By Pragasen Moodley, Director, Key Account Management, Sage South Africa THIS year’s Manufacturing Indaba painted a picture of a dynamic industry powering South Africa into...

Outsourced steam production set to become the norm for businesses

IN recent years the demand for outsourced steam solutions has grown significantly as steam-reliant businesses continue to look for ways to reduce their costs,...