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Sasol and SASDC Forge Strategic Partnership to Empower Black Women in the Green Economy

Johannesburg, South Africa – 18 June 2025 – In a landmark move to advance inclusive economic growth and environmental sustainability, Sasol, the South African Supplier Diversity Council (SASDC), and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have formalised a strategic partnership through the signing of a Memorandum of Agreement (MoA) to launch Project Embrace — SASDC’s flagship supplier diversity initiative.

According to a report released by McKinsey Group, SMEs across South Africa represent more than 98 percent of businesses, employ between 50 and 60 percent of the country’s workforce across all sectors, and are responsible for a quarter of job growth in the private sector. Formal SMEs contribute up to 40% of national income. The importance of SMEs is even higher when informal SMEs are included. One can safely say, SMEs are crucial to meeting the challenges of unemployment, inequality and transformation.

7^th May 2021- Today, the South African Supplier Diversity Council (SASDC) would like to congratulate Swift Worldwide Logistics, a proudly South African Freight Forwarding company with level-1 B-BBEE compliance on successfully partnering with BBC Chartering to move equipment, that will be fitted onto what will become, the world’s largest diamond recovery vessel in the world.

How fronting, by form, defeats the substance of B-BBEE

By Sibusiso Mtsetfwa, Manager of Member Services at the South African Supplier Diversity Council

I recently came across a “transformed” 51% Black-owned company who flashed their Level-2 Broad-Based Black Economic Empowerment (B-BBEE) credentials to all and sundry as they continued to stand in the front of the line successfully winning tenders and retaining contracts with large corporations that they did business with prior to their “B-BBEE transformation”.