Our communities are important to us. One of the most effective ways of building stronger communities is through enterprise development - giving community members the tools they need to grow their future.
Our enterprise development programme, Zimele empowers entrepreneurs across the country through the creation of small and medium-sized enterprises (SMEs). The Zimele model has made such a positive impact on the country that it is frequently refered to as best practice around the world.
There is a bright future for South Africa and it lies in the hands of our small businesses. See how we’ve helped these 7 small businesses create over 535 jobs, through the support of Zimele.
Kwakhanyisa co-operative limited
Kwakhanyisa Co-operative Limited has partnered with South African National Parks to sustainably harvest indigenous timber in the Garden Route National Park. The purchase of a sawmill, funded with a R5 million loan from our Sebenza Fund in 2014, was central to expanding the co-operative’s capability. Together with Zimele’s mentorship, Kwakhanyisa has evolved to sustain 20 existing jobs and is expected to create more than 80 new jobs in the near future.
Dei projects
Electrical and instrumentation contracting and supply company DEI Projects received a loan of R5 million from our Sebenza Fund to finance its expansion proposal. The company subsequently secured a contract worth R13 million with our Platinum business’s Mogalakwena Mine in Limpopo province, which has boosted the company’s turnover by 40%. DEI Projects currently employs more than 130 people, 80% of whom are from the communities in which it operates.
Ctr business enterprise
CTR Business Enterprise in Richards Bay was able to diversify its service offering to the automotive industry using a loan of R1.1 million from our Sebenza Fund in 2014. This has enabled the wholly black-owned company to expand and successfully access new markets, generating new revenue streams and creating 17 new jobs.
Murandu building solutions
Construction company, Murandu Building Solutions in eMalahleni, has received over R4 million in loan funding from Zimele’s Community Fund since 2012, to complete construction projects, including contracts on three of our Coal sites in South Africa. Zimele’s mentorship support also helped the company to successfully bid to construct a school in the Eastern Cape. The wholly black-owned company now employs 32 people and, with Zimele’s support, has created 10 new jobs.
Maduka resources
Maduka Resources has a long-term contract at our Coal business in South Africa. The contract is at Goedehoop colliery for fencing and painting requirements, and also assists our Zibulo colliery. The company has received over R2 million in loan funding from Zimele’s Community Fund since 2013 and has contracts across Mpumalanga province with various companies including Eskom. Maduka Resources employs 70 people and, with Zimele’s support, has supported 18 new jobs.
Atn group
ATN Group is a 100% black-woman-owned company specialising in road marking and general civil works. In 2014, Zimele’s Community Fund gave the company R3 million to expand and diversify its services. ATN Group employs more than 250 people and the loan is expected to enable it to create over 100 additional jobs. The company’s owner, Theresa Cupido, was awarded the 2014 Sanlam/Business Partners Entrepreneur of the Year’s Job Creator of the Year.
Manngwe mining
In 2014, the Anglo American sefa Mining Fund invested R20 million in Manngwe Mining, a wholly black-owned exploration, mining and trading company. This enabled the company to establish a formal relationship with Kumba Iron Ore, to initiate exploration at the iron ore project in North West province. Manngwe Mining employs 16 people and is forecast to create an additional 21 new jobs.
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