Anglo American ZimeleLEADERS IN JOB CREATION & SUPPLIER DEVELOPMENT
About Anglo American Zimele
Zimele is Anglo American youth, enterprise and supplier development arm. Zimele is about creating sustainability in business. It’s focused on building sustainable livelihoods in our host communities and on strengthening relationships to create synergies within Anglo American and with broader mining industry partners
High levels of unemployment in our country mean that providing funding is simply not enough anymore, so we will roll out a demand lead development programme that mentors entrepreneurs with a focus on youth, supplier and enterprise development. Based on the needs smaller business, we’ll support businesses in general business acumen, safety, innovation and technical capability. Access to funding will be provided as a second step.
What Zimele does is help create something sustainable for the people living around our mines. It’s there to support them in growing their businesses. This goes hand-in-hand with our new sustainability strategy.
Zimele is playing its part to create jobs and grow small businesses. Our hubs focus on supporting SMMEs and the youth through up-front mentorship, followed by funding opportunities.
What Zimele offers:
Anglo American Zimele have hubs that offer three programmes to meet the needs of youth, suppliers and small enterprises operating in different industries.
- Enterprise development – greater mentorship to increase the pace of economic development around Anglo American’s mining operations
- Supplier development – leveraging Anglo American’s existing inclusive procurement spend to help host-community suppliers and enterprises access new markets
- Youth development – youth from host communities are trained in skills that make economic opportunities more accessible.
Zimele has also developed a partnership with Absa for a loan-funding approach that allows for lending to SMMEs based on a businesses’ ability to generate future cash flows. This means that the process will be more efficient, while making sure that SMMEs receive the support they need to succeed.