Sasol announced the availability of a range of opportunities that can be taken advantage of by the national business community, which include several categories of goods and services.
This action stems from the Government’s approval of the Local Content Plan in November 2020. The plan now launched establishes strategic mechanisms that aim to improve access of Mozambican companies to opportunities of business in Sasol’s projects, based on five main pillars.
These pillars include Local Procurement, aiming to increase spending on goods and services provided by national companies through the implementation of a preferential procurement procedure; Business and Supplier Development Program, aiming to empower and prepare local small and medium enterprises in key areas and increase access to business opportunities in SASOL and other companies.
Other pillars are the Creation of a Small and Medium Enterprise Fund, aiming to provide affordable financial products; Local Employment, aiming to develop the capacity of Mozambicans through STEM-focused basic education, vocational training program and professional development program;
and Research & Development and Technology Transfer, aiming to develop and implement fit-for-purpose initiatives in partnership with the Government.
The goal is that by the end of 2024 SASOL will spend 71% with local suppliers and reduce spending with foreign companies by about 50%.
Recall that SASOL has spent since the beginning of the project, approximately 1.56
billion US dollars on the procurement of goods and services domestically,
of which approximately 44% ($692 million) has been paid to Mozambican suppliers and registered suppliers in Mozambique with 1527 national and registered in the country and, during the the same period, more than
more than 300 permanent jobs and more and more than 3,500 indirect indirect jobs were created.
