At Uzenzele, we know that 2025 marks a pivotal year for Enterprise and Supplier Development (ESD) funding in South Africa, with changes to B-BBEE policies pushing businesses toward deeper, more impactful transformations. As the government reaffirms the importance of B-BBEE for inclusive growth, businesses supporting historically disadvantaged groups through ESD will be essential in shaping South Africa’s economic future.
The anticipated updates to B-BBEE codes emphasize a shift from a transactional to a transformational approach, with a focus on accountability and sustainable impact. This means that companies must move beyond scorecard targets and invest in long-term development for black-owned businesses and SMEs. An important part of this shift involves an increased emphasis on skills development, particularly for young people and women, through initiatives like the Youth Employment Service (YES). In 2025, this approach addresses both empowerment goals and pressing challenges like unemployment.
Procurement practices will also see heightened expectations, with more businesses encouraged to source goods and services from black-owned suppliers, particularly those owned by black women. Uzenzele views this inclusive procurement strategy as a powerful way to expand market opportunities for SMEs, building resilience within supply chains and enhancing economic participation.