The Table Bay in Cape Town has embraced the Broad-Based Black Economic Empowerment (BBBEE) objective of its holding company, Sun International, to achieve Level 2 BBBEE status.
The hotel is making an effort to ensure that 80% of its procurement is from compliant, empowered suppliers by the end of 2015.
“Under Sun International’s revised Code of Practice, The Table Bay is working to ensure that 80% of products and services procured are from small, empowered, black-owned enterprises. We have identified a number of opportunities for transforming our supply chain, from service providers and operating equipment suppliers, to maintenance providers, equipment rental, and food and beverage suppliers,” says Sherwin Banda, general manager at The Table Bay.
Recognising that there are challenges around attracting empowered providers, The Table Bay will use an online tendering portal called Tendersure to connect with potential BBBEE providers, and assess responses against BBBEE and pricing criteria.
The Table Bay will be partnering with Shanduka Black Umbrellas (SBU) for formal business development of the beneficiaries. SBU is a knowledgeable, established and well-connected Enterprise and supplier development organization with a proven track record.
Banda concludes saying that providers will be carefully assessed on their ability provide appropriate levels or quality, volumes and efficiencies.