Coca-Cola SA Commits to R3.9bn Spend with Black-owned Companies Featured

Sunday, 08 April 2018 15:44 Songezo Ndlendle - ANA
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Coca-Cola Beverages SA (CCBSA) on Wednesday 28 March announced its commitment to divert R3.9 billion to assist black-owned and black women-owned organisations over the next three years.

 

“Our new approach breaks down the barriers in the way of business growth and economic development. We’re laying the groundwork for an environment in which opportunities are available equally to all businesses, and where collaboration across businesses builds a thriving and vibrant economy that benefits us all,” said CCBSA managing director Velaphi Ratshefola in a statement.


He was speaking at the company’s annual supplier development conference, which hosted more than 1,000 delegates, including 220 Small, Medium and Micro Enterprises (SMMEs) exhibitors at Gallagher Estate in Johannesburg.


The conference targeted specific commodity categories, including fleet maintenance, manufacturing plant spares and machinery, engineering and logistics, and packaging suppliers to maximise opportunities to enter the supply chains of participating corporates.

Click Here to Continue Reading More Details in the Original Article by Songezo Ndlendle on IOL Business Report

1153 Last modified on Sunday, 08 April 2018 15:57

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