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North West Business 2018 edition

  • Text
  • Conferences
  • Implats
  • International
  • Nedbank
  • Platinum
  • Business
  • Investment
  • Mining
  • Province
  • Rustenburg
  • Provincial
  • Tourism
  • Sector
  • Platinum
  • Municipality
  • Economic
  • Manufacturing
A unique guide to business, investment and Tourism in the North West, the 2018 edition of North West Business is the eighth issue of this highly successful publication that, since its launch in 2009, has established itself as the premier business and investment guide to the North West Province. North West Business includes news and analysis of the most important economic sectors and interviews with some of the province’s active business leaders and investors. To complement the extensive local, national and international distribution of the print edition of the journal, updated information on the North West is also available through our monthly e-newsletter, which you can subscribe to online at www.globalafricanetwork.com, in addition to our complementary business-to-business titles that cover all nine provinces as well as our flagship South African Business title.

FOCUS FOCUS Delivering

FOCUS FOCUS Delivering opportunities in local communities Initiatives are making a tangible difference. Implats believes that the sustainability of its mining activities depends on its ability to contribute to the wellbeing and prosperity of its host communities. Unemployment in South Africa, particularly amongst the youth, is one of the highest in the world and the country is faced with the challenge of limited and poor participation of young people in the economy. Young people are not acquiring the skills and work experience they need to assist in driving the economy forward, while it is also difficult for young South Africans to secure business opportunities to develop their own businesses without the necessary support from companies. Implats’ enterprise and supplier development activities focus primarily on supporting local and black businesses and are designed to ensure compliance with regulatory expectations, contribute to socio-economic development in neighbouring communities and build a more robust and competitive supply chain for the Group. Supporting local and black-owned businesses through preferential procurement is an important part of promoting transformation and Implats undertakes the following activities to develop entrepreneurial skills: • Seeking, identifying, supporting and promoting historically disadvantaged suppliers through sustainable procurement practices. • Leveraging the existing supplier base to unlock local employment opportunities, mentorship and investment in the value chain. • Nurturing an environment for partnerships and joint ventures between the existing supplier base and local entrepreneurs. • Striving to improve year-on-year BEE spend performance relative to the requirements of the Mining Charter, and reporting in parallel on B-BBEE performance as per the department of Trade and Industry’s Codes of Good Practice. Some key initiatives at Implats include: • A Supplier Development Programme that seeks to enhance the competitiveness of local small, medium and micro enterprises and black-owned businesses. • A Business Advisory and Development Service that helps local black entrepreneurs to grow and become part of the supply chain. • Supporting local and black-owned businesses through preferential procurement. • Leveraging the existing supplier base to unlock local employment opportunities, mentorship and investment. • Nurturing an environment for partnerships and joint ventures between the existing supplier base and local entrepreneurs. • Enhancing procurement opportunities, specifically in neighbouring communities, is important in creating sustainable communities. Our preferential procurement practices and enterprise and supplier development activities make a tangible difference to the lives and families of emerging black entrepreneurs, and stimulate economic development in our host communities. To this end we spent R2.6-billion on procurement from local businesses (all >25% BEE), within the Bojanala district for Impala Rustenburg operations and the Greater Sekhukhune district at Marula (2016: R2.5-billion or 31%). Further, our investment in the accommodation and living conditions of employees is one pillar of Implats’ contribution to the wellbeing of its host communities. Our social investment strategy complements this by providing schools, clinics and other amenities. NORTH NORTH WEST WEST BUSINESS 2018 2018 32 22

ENRICHING LIVES By By Empowering our our People. People. People People are the are foundation the foundation on which on which exceptional exceptional performance performance is built is built and and Implats Implats are committed are committed to developing to developing and and empowering empowering these these people. people. Investment Investment and and development development of clinics of clinics Promote Promote access access to to affordable affordable and and effective effective healthcare healthcare EMPOWERMENT THROUGH HEALTH AND WELLBEING EMPOWERMENT THROUGH HEALTH AND WELLBEING HROUGH H HIV/Aids HIV/Aids counselling, counselling, testing testing and and wellness wellness programme programme HROUGH H BEING BEING EMPOWERMENT THROUGH EDUCATION EMPOWERMENT THROUGH EDUCATION 94% 94% adult adult literacy literacy supported supported by ABET by ABET programmes programmes Apprenticeships Apprenticeships and learnership and learnership programmes programmes & & investment investment the in the development development of of schools schools R6.7 R6.7 billion billion discretionary discretionary procurement procurement spend spend in 2017in 2017 R2.6 R2.6 billion billion spent at spent local at BEE local BEE compliant compliant suppliers suppliers in 2017 in 2017 Recognised Recognised leaders leaders in the in the mining mining industry industry in improving improving living living conditions conditions Local Local SMMEs SMMEs and black-owned and black-owned businesses businesses supported supported by development by development and advisory and advisory programmes programmes Joint Joint ventures ventures with with local local entrepreneurs entrepreneurs EMPOWERING LOCAL COMMUNITIES THROUGH INFRASTRUCTURE & SOCIO-ECONOMIC DEVELOPMENT CREATING AN ENVIRONMENT FOR SUSTAINABLE BUSINESS OPPORTUNITIES EMPOWERING LOCAL COMMUNITIES THROUGH INFRASTRUCTURE & SOCIO-ECONOMIC DEVELOPMENT CREATING AN ENVIRONMENT FOR SUSTAINABLE BUSINESS OPPORTUNITIES We are We are committed committed to ensuring to ensuring our our people people contribute contribute to and to and benefit benefit from from our our success success R4.1 R4.1 billion invested invested in improving improving housing housing since since 2007 2007 EMPOWERMENT THROUGH DEVELOPING TALENT AND LEADERSHIP R548 R548 million invested invested skills in skills development in in 2017 2017 Adopted Adopted and and developing developing 10 schools 10 schools into schools into schools of excellence of excellence through through academic academic and and sport sport initiatives initiatives EMPOWERMENT THROUGH DEVELOPING TALENT AND LEADERSHIP Coole Adv Coole 14086 Adv 14086

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