BBBEE makes business sense and corporate strategies need to take advantages of the commercial value in it.

Online since 19.07.2017 • Filed under Conference/Event
BBBEE makes business sense and corporate strategies need to take advantages of the commercial value in it.

Dionne Kerr the CEO of Siyakha Implementation Partners commented about the positive contributions of the BEE strategy into the economy.  Siyakha Implementation partners is an organisation which also sponsored the 4th Annual Africa enterprise development & entrepreneurship investment agenda supported by Transnet in Sandton on the 21st and 22nd of June.

Dionne expressed concern over the negative connotations around the BEE policy. She mentioned that it is not only in South Africa that the waves of transformation are happening. She cited that all economies including Europe, China, Australia and Japan have long embraced this model.

She urged organisations to make BEE not only a tick box but to make it its DNA and its operating ethos. “The BEE makes all businesses to be attached to the South African economy. Why are black suppliers at the bottom of the pyramid? They say it’s an issue of quality – what garbage is that” – Dionne Kerr commented.

Dionne challenged the thinking of corporates around the implementation of the BEE strategy and said that there is always long term value in local sourcing and the issue of transforming the economy makes business in long term as organisations will increase economic activity which also will increase business transactions.

Dionne Kerr is the Founder and Chief Executive Officer of Siyakha Consulting. She has actively advised both public and private sector clients in Transformation, Development and Strategy since leaving the banking industry in 1998.

Working in BEE and Transformation since 1999, she has spoken at more than 20 conferences in the past two years on a number of issues. She is a regular contributor and thought leader on the key elements of people, sustainability and aligning strategy to be locally relevant. With a strong portfolio of local and multinational clients, Dionne has also served on several executive committees and is an activist on issues of change and development.

An avid believer in community development, Dionne remains actively involved in entrepreneurial development, community development, job creation, disability support programmes and youth development and is a past recipient of the DIVA Africa award for her involvement in SMME development.

Her prestigious CV has also ensured Dionne's selection as a judge for the Black Business Quarterly (BBQ) Awards, the Top Women Awards 2010 and 2011, the Achiever Awards 2010, and the Metropolitan Olivier Empowerment Awards for three years consecutively.

Previous Chairperson of the National Association of BEE Consultants (NABC), Dionne currently serves as Vice Chairperson and Head of the Ethics and Discipline portfolio. Previous Board member of the British Chamber of Business, Dionne actively advises investors from Spain, France and the United Kingdom on investing on the African continent and has recently been appointed as one of two "Catalysts" representing South Africa through UK Trade and Investment.

Dionne Kerr has been appointed to the United Kingdom's Trade and Investment Catalyst Programme. She is one, of only two, South African representatives on the programme.

"The ability to understand transformation from a South African and a global perspective is important in the work that we do to encourage investment into South Africa and also provides a platform for us to advise South African businesses on how to implement corporate strategies with the commercial value around BEE and Transformation" says Kerr.

"It is an honour to present at the 4th Annual Africa enterprise development & Entrepreneurship investment agenda supported by Transnet," she adds.

Dionne Kerr joined other renowned speakers including Makhosazana Masilela – the Executive Manager at Transnet, Teresiah Simelane – The General Manager of Enterprise Development at The Innovation Hub, Sifiso Ndwandwe – CEO of Catalyst for Growth, Thozamile Gwanya – CEO of Eastern Cape Rural Development Agency (ECRDA) and Jayshree Naidoo the Head of Standard Bank Business Incubator.  “We are delighted to have speakers of this calibre , who added value to this year’s conference,” said Calisto Kondowe, the Senior Research Analyst at Global Invest Group – an advisory company that focusses on economic growth and development. “Over the years, Global Invest Group’s forums have become largest gathering of decision-makers, investors, stakeholders, and policy makers.

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