Sabi cuts 20% of staff, refocuses on commodity traceability
- Sabi cut around 20% of its staff to concentrate on its TRACE platform.
- TRACE is designed to help global buyers trace minerals and crops back to their source.
- The platform has already handled exports of lithium, copper, tin, monazite, and beryllium.
Sabi's strategic shift towards TRACE reflects a growing recognition of the importance of transparency and traceability in global supply chains, particularly in the context of Africa's rich mineral resources. This move not only addresses compliance with international standards but also empowers local suppliers, potentially transforming the landscape of African commodity exports.
