VW’S BLACK SUPPLIERS DAY A WIN
VOLKSWAGEN Group said first Black-Owned Suppliers’ Day hailed an unqualified success.
From 430 applicants only 45 companies were approved to be exhibitors of VWSA’s first ever blackowned suppliers’ day.
Successful organisations had to have a minimum of 51% black ownership (includes coloured, Indian and Chinese as per BBBEE guidelines) and/or a minimum of 30% black female ownership. Another key requirement considered by VWSA was companies that are owned or managed by disabled persons or war veterans.
Chief executives of Toyota, Ford and Mercedes in South Africa also visited the exhibition to familiarise themselves with the potential future suppliers exhibiting on the day.