Massmart partners with local entrepreneurs

Pattison added: “While black economic empowerment (BEE) is a strong focus of Massmart’s strategy… this initiative is also about building small businesses through this new opportunity.”

Allon Raiz, the chief executive of Raizcorp, said that the partnership was an opportunity for more local small and medium-sized enterprises (SMEs) to connect with Massmart and benefit from its retail distribution network.

“Here we have one of Africa’s retail giants using its procurement power to stimulate local SME development and growth,” Raiz said.

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