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Our Difference

"As partners we can extend the depth, scope and reach of the various enterprise development mandates to encourage long-term job creation and local economic development, while delivering on local procurement and supplier development initiatives." Hlonela Lupuwana, managing director of Zimele

Zimele / enterprise development

Introduction

We founded Zimele, our enterprise development initiative, 26 years ago, to help previously disadvantaged South Africans with funding and support to build their own successful small to medium enterprise (SME).

By empowering aspiring and ambitious entrepreneurs to do just that, we’re not only helping to create and sustain jobs, but we’re making a real difference to many families and communities in South Africa while we do it. 

Zimele is recognised internationally as a best practice model in supportingSMEs as it enables them to operate within the economy through a mixture of financial support and mentorship. The initiative also won an inaugural Forging Enterprise Small Business Promotion Pioneer Award earlier this year.

Over the past 15 years, Zimele has supported 1885 companies, employing over 38,000 people, with a combined turnover of over R6 billion, paving the way for sustainable job creation and socio-economic development in mining communities and labour-sending areas across the country.

Zimele has six funds as well as a number of small business hubs across the country, through which it provides funding and support to entrepreneurs. To apply to any of these funds please contact 086 094 6353.

For more information about Zimele, download our brochure. 

For more information about our Global enterprise development initiatives, please visit our Group page.

 

The Anglo American sefa Mining Fund

The Anglo American sefa Mining Fund is a joint initiative between our South African operations and sefa, the Small Enterprise Finance Agency SOC Limited, formerly known as Khula Enterprise Finance Limited, a government owned entity that promotes SME development. The Fund helps grow emerging black empowered mining companies into commercially bankable enterprises.

The Fund provides equity and loan finance of up to R30 million per project. It also provides technical support during high-risk exploration and pre-feasibility studies.

Find out about the Fund’s evaluation criteria and application processes

The Supply Chain Fund

The Supply Chain Fund helps our procurement departments to identify appropriate black-empowered SMEs and supports them by linking them with the appropriate commodity teams within the Group. The Fund provides equity and loan finance of up to R5 million per project. It also supplies hands-on support, business guidance and skills transfer.

Find out about the Fund’s evaluation criteria and application processes

The Community Fund

The Community Fund is managed through a network of 26 small business hubs that are based both within the communities where we operate and labour-sending areas around the country. It provides funding, training and skills development for entrepreneurs and business owners. The Fund provides loan finance of up to R2 million per project, at preferential interest rates, to entrepreneurs and SMEs. It has changed the lives of many of its beneficiaries and their families through its network of small business hubs, which ensures that funding and training is accessible within communities.

Find out about the Fund’s evaluation criteria and application processes.

Click here to find contact details for the business development hub in your area.

The Green Fund

The Green Fund targets investment opportunities that mitigate carbon, reduce energy and water consumption, and improve waste and emissions management. The Fund provides funding of up to R10 million per project or business.

Find out about the Fund’s evaluation criteria and application processes

The Godisa Fund

The Godisa Fund is a tripartite agreement between Transnet, South Africa’s national transport authority, The Small Enterprise Finance Agency (sefa) SOC Limited, and Anglo American, and is testimony to Zimele’s well-known and respected enterprise development model.

The focus of the Fund is the development of black-owned small and medium enterprises (SMEs) primarily in Transnet’s procurement value chain, with focus on the company’s rail and port businesses. Each partner in the Fund contributes R55m towards the Fund, which totals R165 million.

Find out about the Fund’s evaluation criteria and application processes

The Sebenza Fund

The Sebenza Fund, channels a total of R500 million into communities throughout South Africa, particularly poverty nodes, with Anglo American and the National Treasury each contributing R250 million. Sebenza, which means ‘to work’ in isiZulu, expects to create 8,000 new sustainable jobs and support 1,600 SMEs over the next three years.

The Sebenza Fund operates with an infrastructure of 20 business development hubs across South Africa. As a result, Zimele has more than 40 hubs nationwide, providing entrepreneurs with access to affordable finance and on-going business development support (BDS) and mentorship. The majority of these hubs are already in place with a few still to roll-out.

Find out about the Fund’s evaluation criteria and application processes.

Click here to find contact details for the business development hub in your area. 

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