Massmart, SABS sign deal to aid SMEs | Fin24
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Massmart, SABS sign deal to aid SMEs

Oct 11 2011 13:58

Company Data


Last traded 25
Change 0
% Change -1
Cumulative volume 570850
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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The deal covered three areas, said SABS commercial executive Sylvester Ratlabala. The SABS would conduct quality audits on suppliers to Massmart's value chain.

One of the conditions, volunteered by Massmart, was to create a R100m fund to spend on a local supplier programme over the next three years. 

sabs  |  massmart holdings  |  sme  |  entrepreneurs


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