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PriceWaterhouse Coopers Enterprise Development
Posted by Daniel Makhura on 20 July 2017 5:10 AM SAST
Information about the above
Enterprise Development
Our Enterprise Development spend is in excess of R25,000,000 a year, exceeding the CA Charter requirement.
The objective of the codes is to advance economic transformation and promote the economic participation of black people. Enterprise & Supplier Development is not merely a combination of Enterprise Development and Preferential Procurement , but sets out to increase the promotion of black-owned and black women-owned businesses with 51% and 30% black ownership respectively.
Some of our initiatives are:
PwC continues to engage with emerging black accounting firms on audit jobs in order for skills transfer to take place and economic empowerment to prevail, whenever possible. The firm is also involved with a number of organisations that aim to advance black development in South Africa. These include firms such as the BSSA and Faranani – a PwC initiative which focuses on rural women development.
MyCFO programme:
Mamoroke Lehobye is a Black South African Female, qualified Chartered Accountant CA(SA) whom owns a private company called MyCFO (Pty) Ltd based in Soweto, Johannesburg. Our involvement to date is to assist her practice from an enterprise development perspective to provide resources on a secondment basis. Assist her and some of her clients with advisory consulting services. Make available our internal resources, Design Studio, Printing etc. as and when needed. Invite and involve her in our internal training etc.
MyCFO has assisted with the UJ Soweto Conference (Dr Richard Maponya Annual Entrepreneurial Conference) in making herself available as a skilled volunteer and have assisted one of our new PCS clients called Gradesmatch with access to funding through the existing relationships.
The relationship to date has been nothing but mutually beneficial and we envisage great opportunities going forward.
