Khoemacau, Absa join forces for SMEs

A statement from the two organisations says the partnership was formalised recently through the signing of a Memorandum of Agreement and brings together the respective Citizen Economic Empowerment and Enterprise Supplier Development commitments of the two institutions to deliver coordinated, targeted interventions that support enterprise growth and sustainability of citizen-owned enterprises. The collaboration is designed to help address some of the key barriers affecting the participation and growth of SMEs in the mining value chain.

Through access to appropriate financial solutions, complemented by business development support, advisory services and capacity-building initiatives, the partnership aims to help citizen-owned enterprises strengthen their operational and financial capabilities and improve their readiness to execute commercial opportunities arising from MMG Khoemacau’s operations. ‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and…