BBBEE’s Enterprise and Supplier Development (ESD) seemingly misses the mark more than it hits the intended target.

Many people HATE the idea of BEE. But corporates contributing towards SME development should not be up for debate because it’s both a moral cause and strategic to building a country’s economy.

However, there are some issues:

1. ESD initiatives don’t seem to have aligned intentions:

2. High-cost Business Development Support (incubators and accelerators) funded by corporates have the worst performing SMEs:

What other issues have you noticed relating to ESD inefficiencies?

KK Diaz