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Our suppliers are both business partners and an extension of who we are. As the face of our business, you can expect that we demand the highest standards of service and quality from them and rely on them to conduct business transparently and credibly. In return, as part of our organisation, they are supported and empowered to grow their businesses as they enable ours. We build long-term relationships with our suppliers, most of which are SMMEs – the foundation of the South African economy. We believe in finding and nurturing them to deliver insurance good and proper while building our nation’s economy.
Tava Madzinga I Santam CEO
Based on our 2022 Integrated Report:
Preferential spend on black-owned suppliers was R3.2 billion
R118 million invested in ASISA driven ESD Fund (Enterprise and Supplier Development)
The procurement of Black Women owned spend in 2022 was 12% of the total procurement spend (1.5b)
The procurement of Black Owned suppliers in 2022 was 24% of the total procurement spend
When our suppliers thrive, so do we and our clients. The Santam Enterprise and Supplier Development (ESD) programme, in partnership with Sanlam and ASISA, aims to develop and transform by giving leading practice growth support, incubation and investment funding to SMEs within our supply chain and target market. We aim to build a pool of knowledge and opportunity that will spread through our business and the financial services sector.
Are you a business that holds itself to the highest standards of quality and service? Do you believe in integrity and ethics and want to be part of an organisation that strives to raise the bar on insurance? If so, download our guide to learn how to become a Santam supplier.
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