Empowering SMMEs for Sustainable Growth and Biodiversity Conservation

By Karl Socikwa, Former Group Executive: Market Development & Sustainability at Sanlam

The symbiotic relationship between SMMEs and SANParks is evident in the economic contributions of the country’s major national parks, estimated to be around R3 billion annually. The economic impact translates into job creation and retention within the SMME sector, benefiting local communities and fostering sustainable development.

This is a core reason that we at Sanlam launched our partnership with South African National Parks (SANParks). Starting in the Kruger National Park, we aim to further boost this contribution to the economy and transform the lives of thousands of South Africans who are involved with the SMMEs that surround and support one of our nation’s most treasured wildlife areas.

The Sanlam SANParks SMME Support Programme is a transformative initiative that bridges economic growth and biodiversity conservation. The success of this initiative relies on the collective efforts of Sanlam, SANParks, local communities, and the public and private sectors.

Through the R10-million Sanlam SANParks SMME Support Programme, we’ll provide SMMEs with access to markets, finance and business development support.

By creating sustainable businesses through supply chain finance, this initiative enriches the economic landscape while also contributing to the conservation of South Africa’s biodiversity.

One of the primary objectives of the programme is to offer interestfree loans and business development support to targeted SMMEs identified in SANParks’ overall supply management plan. The programme’s implementation is supported by I AM AN ENTREPRENEUR (IAAE), a reputable enterprise development agency experienced in empowering entrepreneurs to grow their businesses.

The importance of SMMEs in fostering economic growth is complemented by Sanlam’s extensive socio-economic transformation strategy. Over the years, Sanlam has supported thousands of jobs through its Group Enterprise and Supplier Development (ESD) programme, demonstrating the tangible impacts of its commitment to inclusive growth.

By supporting SMMEs, we pave the way for a prosperous future that celebrates economic growth and environmental stewardship. Together, we can create a legacy that benefits generations to come, harmonising the needs of people, planet, and prosperity.