The mounting obligation on corporates to help develop and support their value chain has resulted in South African companies being increasingly focused on procuring from black-owned suppliers.
The process of finding reputable suppliers can be a cumbersome task, with numerous factors such as: location, value for money, quality and service, needing consideration when choosing a supplier.
To streamline this process, we offer our investors access to the Inyosi Preferential Procurement Portal – iHive. iHive is a directory of pre-vetted black-owned suppliers across a variety of industries listed by invitation only.
The invitation-based architecture combined with ongoing performance monitoring of suppliers listed on the portal allows us to best maintain the integrity of our network and the platform.
iHive also allows our investors to apply their skill development funding into the provision of bursaries for underprivileged students in marginalized communities.
Through this channel, we have facilitated the provision of over 400 bursaries to students living in these communities.
Benefits to Investors
- Create a shortlist of suitable suppliers based on specific selection criteria
- Choose top-rated suppliers based on reviews
- Assign ratings to utilized suppliers following completion of the project
- Load your own suppliers to the portal (live listings will still be subject to verification)
Benefits to Suppliers
- No cost to list
- Access to target markets
- Access to capital (Listed suppliers may qualify for growth / working capital funding)
Inyosi Empowerment's Preferential Procurement Portal - iHive
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Procurement Points Criteria
PLEASE NOTE: These tables were procured from publicly available sources and while the greatest care has been taken to ensure their validity, Inyosi cannot guarantee they remain authoritative.
