Anglo Zimele - Anglo American

Transcription

Anglo Zimele - Anglo American
Anglo Zimele
Showcase of companies
ANGLO
AMERICAN
Contents
Foreword by Philip Baum
Message from Godfrey Gomwe
About Anglo Zimele
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Amitech Thushanang
Asambeni Mining
Bambanani Health and Safety
Barcandyle Engineering
Coalfields Panelbeaters and Spraypainters
Damelin Emalahleni
DSI-Mandirk Strata Support
Emalahleni Oil Collections
Galison Drilling
Gillmich
Go-Awaste Management Services
HR Intellect
Ikosis Project
Itireleng Ore Reclamation
Kram Engineering
Langa Lethu Risk Management
Leeuw Mining and Exploration
Lesedi Tracks
Maccauvlei Training and Conference Centre
Mapungubwe Engineering
Multiclens
Naledi Computer Systems
Nomakanjani Logistics
NRB Piping Systems PH Projects
Probe Witbank
Semane Consulting Engineers
ScanMin Africa
Sinoville Fencing
Specialised Rubber and Industrial
Thabo Piping Systems
Transcend Empowerment Advisors
Tyre Corporation Holdings
Urethane Moulded Products
Worldwide Coal
Cover: David Monyamane, managing director of Bushveld Crushers,
a past Anglo Zimele investee company operating in the Limpopo Province
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Foreword by Philip Baum
Foreword by
Philip Baum
“
Our commitment
to black economic
empowerment and
entrepreneurial
development has
for many years
formed a strategic
part of our business
rationale
Philip Baum, Acting CEO, Anglo American South Africa
It is tremendously exciting
for Anglo American and
its 18-year-old enterprise
development and empowerment
initiative Anglo Zimele to be
participating at the 2006
Electra Mining Show.
Anglo American is taking this
opportunity to showcase its
current and past investment
companies as well as a
number of the enterprises with
which it has an association
or partnership. We are proud
to have on board those
companies which are ‘old
friends’ along with new ones
in the Anglo Zimele fold.
Much of my own career at
Anglo American has seen
the facilitation of entry for
emerging black business
into South Africa’s economic
mainstream; starting back in
1989 with the formation of our
enterprise development unit
now known as Anglo Zimele.
This has entailed a dual
approach: on the one hand
we have put together the
”
big deals that have led to
black owned and managed
companies of substance such
as Johnnic, African Rainbow
Minerals, Mvelaphanda,
Eyesizwe and Exxaro. At the
other end of the scale, we have
Anglo Zimele creating SME
opportunities in the BEE arena.
Over the past 18 years, the
Anglo American Group has
been responsible for BEE deals
worth around R35 billion.
Procurement is an area in which
the corporate centre and all
operations have experienced
considerable success. Since
1993, total Anglo American
Group procurement from BEE
companies has reached some R26 billion. For 2005 alone,
the figure was R8.2 billion,
an increase of 51% over the
previous year. Today, almost
40% of the Group’s total BEE
spend is with SME companies.
Our commitment to black
economic empowerment and
entrepreneurial development
has, for many years, formed a
strategic part of our business
rationale. It not only allows
us to identify and achieve
significant cost efficiencies
in our supply chain, but sees
us contributing to one of
South Africa’s most thriving
socio-economic sectors.
It is only in this way that
the challenges of black
economic empowerment can
be met and our procurement
and business development
initiatives bear fruit.
Acting CEO, Anglo
American South Africa
Message from Godfrey Gomwe
Message from
Godfrey Gomwe
“
”
Partnering with
people who possess
a passion for
business
Godfrey Gomwe, COO, Anglo American South Africa and Chairman, Anglo Zimele
Anglo Zimele is extremely
proud to once again be
showcasing our investee
companies and partners.
Following the success of the
Presidential Exhibition in July
2005, the Electra Mining
Show presents an ideal
opportunity to boost market
awareness for our small and
medium enterprises (SMEs),
to meet new and prospective
black empowerment partners,
and for companies wishing
to transform, to meet us.
blueprint for many similar
initiatives. It has also served
as a guideline for the thought
leaders that have developed
the BEE codes of best practice.
Various external organisations
have visited our businesses and
drawn from our experiences
and expertise to implement
their own BEE SME processes.
Our experiences, successes
and even failures have shown
us that within South Africa
entrepreneurs have immense
potential. As Anglo American,
we like to continuously tap into
this potential, recognising the
many opportunities for South
African men and women, young
and old, to share knowledge,
experience and resources.
There has been strong year-onyear growth in this area which
could not have been achieved
without the commitment of
Anglo American’s business
units. Anglo Zimele is currently
invested in over 30 black
empowered SMEs which
collectively employ in excess
of 2,200 people. Since 1989
we have been invested in some
150 enterprises for which
we have provided financial
support through equity and
loans coupled with hands-on
guidance and technical support.
Anglo American was a pioneer
in the early days, long before
BEE and transformation were
legislated, and created a
Anglo American and Anglo
Zimele have learned that, for
enterprise development to
work, a tactical combination
of secure funding structures
and business partner
mentoring is necessary.
We firmly believe that Anglo
Zimele has made an impact
on the South African business
landscape, and thus continue
to explore ways of growing
the SME sector and partnering
with people who possess
a passion for business.
COO, Anglo American
South Africa and Chairman,
Anglo Zimele
ABOUT ANGLO ZIMELE
Anglo Zimele is the enterprise
development and empowerment
initiative of Anglo American.
For 18 years it has aspired
to create sustainable,
commercially viable
businesses that are managed
by people with passion and
entrepreneurial spirit.
Its focus lies in the investment
in black empowered SMEs
which demonstrate a
commercially viable and
sustainable business or
business plan. Each investment
is funded on a deal-by-deal
basis.
Anglo Zimele’s SME business
development and empowerment
model, applied by Anglo
American, its divisions and
operations to facilitate the
development of the SME
sector, comprises three
primary investment pillars:
procurement, business
development and the Anglo
Khula Mining Fund.
The Anglo American Group has
recorded a total BEE investment
of R26 billion (in 2005 real
terms) in BEE procurement
from 1993 to December 2005.
Including SME development,
this amounts to R28 billion.
BEE procurement jumped 51%
from R5.4 billion in 2004 to
R8.2 billion in 2005. SME
development rose 121%
from R352 million in 2004
to R777 million in 2005.
PROCUREMENT
Enterprise development
in the supply chain
The Anglo Zimele team
interacts closely with Anglo
American’s divisional
procurement departments
and assists with identifying
BEE suppliers who can
participate within their supply
chains. Anglo Zimele also
collates the procurement
figures of each division and
operation and produces a
consolidated BEE procurement
position each quarter.
BUSINESS
DEVELOPMENT
Building businesses,
creating employment and
sustainable wealth
The business development
aspect of Anglo Zimele
involves an investment fund
which provides loan and equity
finance to support start-up
or expanding businesses.
Anglo Zimele actively pursues
investment opportunities at
the operating divisions. All
potential opportunities must
exhibit commercial viability
and growth prospects, and
must seek to actively involve
an entrepreneur in the daily
operations of the business.
Once a credible investment
opportunity has been identified,
the Anglo Zimele team
seeks out a suitable black
empowerment partner, conducts
a due diligence exercise and
assists in the compilation of
a business plan. The business
plan is submitted to the Anglo
Zimele board for approval.
Upon approval, Anglo Zimele
acquires a minority equity
stake in the business and an
Anglo Zimele representative
is appointed to the new
company’s board of directors.
At times it is necessary to
dilute existing shareholdings
in emerging businesses and
to introduce a technical
and/or strategic business
partner for capacity building,
growth and expansion.
A hands-on approach, through
strategic guidance and skills
transfer, is fundamental
to the initial growth and
success of these businesses.
Inputs include advice on
business principles, corporate
governance and strategy.
At the outset this is significant,
but with time the dependency
lessens, thereby realising
Anglo Zimele’s underlying
philosophy of independence
through enterprise. A clear
exit strategy is also defined in
the shareholding agreement.
“
Anglo Zimele
is currently
invested in over
30 businesses
employing over
2,200 people
”
Peter Seepi, managing director of
Go-Awaste Management Services
ANGLO KHULA
MINING FUND
INVESTING WHERE
IT COUNTS
Shifting the mining
landscape of South Africa
Adding value to its
investments
The Anglo Khula Mining Fund,
launched in March 2003,
seeks to facilitate the entry
of junior, but commercially
viable, mining ventures into
the mainstream mining sector.
Anglo Zimele’s role in any
merger or acquisition is to
provide a suite of offerings
and services, from financial
assistance and mentoring to
business plans and training
programmes. It ensures that the
highest standards of integrity
regarding the principles of
BEE, ethics and corporate
governance are met, while
seeking to foster long-term
and sustainable relationships
with the entrepreneurs
and business partners.
It provides a maximum of R7.5 million in seed capital
to assist junior mining
companies with the feasibility
phases of mining projects
which, in turn, enable these
companies to raise finance
from commercial financiers
for the commissioning
of mining operations.
The Anglo Khula Mining
Fund is invested in four
mining ventures, with five
approved investments in the
implementation phase.
“
Anglo Khula
Mining Fund
Investments
collectively
turned over
R216 million
in 2005
(R87 million in
2004)
”
At the outset, Anglo Zimele’s
involvement is intensive as
it seeks to engage with the
companies and their new
empowerment partners. The
fund’s minority stake in
companies allows Anglo Zimele
access to and influence in key
decision-making processes.
Anglo Zimele’s comprehensive
value offering includes:
• Development of business
plans
• Assistance with the selection
of the BEE partner
• Provision of finance for the
acquisition of assets
and working capital
• Assistance with company
formation and provision of
ongoing company secretarial
and administrative services
• Assistance with the
integration of the BEE
partner into the business
• The development of a
training and development
plan for the transfer of
skills to the BEE partner
• General mentoring and
coaching of the BEE partner
• Assistance with marketing the
business to Anglo American’s
business units, specifically
for supply linkages, market
development and expansion
• Leveraging from Anglo
Zimele’s identity and
branding to obtain additional
funding where necessary
• Provision of ongoing
strategic, operational,
financial and business support
through representation
on the board in a nonexecutive capacity
• Guidance on corporate
governance issues, corporate
ethics, safety, health and
environment standards, and
HIV and AIDS. This may
require the services of Anglo
American’s departments in
disciplines such as technical,
legal, employee relations,
human resources, public
affairs and media relations
The word Zimele is derived from the African languages Zulu
and Xhosa and is translated as
‘to be independent’ or ‘to stand on one’s own feet’.
Letsosa Matona, the empowerment
partner of Kram Engineering, one of
Anglo Zimele’s most recent investments
Amitech Thushanang
Amitech Thushanang was
established by Amitech
Industrial, a company that has
been designing, manufacturing
and installing glass reinforced
plastic (GRP) and related
products and vessels for the
metallurgical, chemical and
mining industries since 1979.
Ashin Tasdhary, managing director of Amitech Thushanang,
with Herman Groenewald, operational manager
BEE partner Amitech Piping
Systems (APS) Umngane
Gauteng holds a 40% stake
in the business, while Anglo
Zimele owns 20%. They
joined forces with Amitech
Industrial South Africa (formerly
Speedmark Plastics SA) which
holds 35%, while Waltzing
Time Investments owns 5%.
Ashin Tasdhary, who has a
background in finance and
sales, was appointed managing
director. He is assisted by
Herman Groenewald, a
mechanical engineer who
oversees operational activities.
The company designs scrubbers,
cooling towers, fume extraction
systems, exhaust stacks and
ducting. Through an alliance, it
carries out the fabrication and
installation of lead products and
the recycling of raw materials
collected from various sites.
APS Umngane Gauteng is a BEE
company offering PVC, HDPE and
GRP pipes, and related products
to the civil, industrial, mining,
irrigation and building markets.
These products will be added
to Amitech Thushanang’s range
to enhance its sales drive.
Amitech Thushanang is registered
with the South African Mining
Preferential Procurement Forum,
and employs 10 people.
Thushanang means ‘help each
other’ in Sotho.
Asambeni Mining
Asambeni Mining, an Anglo
Khula Mining Fund investee
company, is involved in the
mining of the Gus seam for
Leeuw Mining and Exploration’s
Vaalkrantz anthracite colliery
near Vryheid.
Asambeni Mining specialises in
ultra low seam mining in areas
where the usual mechanised
methods of mining are not viable.
Scraper mining with double
drum winches is employed in
the areas where the coal seam
height is below 800 mm.
Asambeni Mining’s site at the Gus seam of Vaalkrantz anthracite colliery
near Vryheid, KwaZulu-Natal
Coal production commenced
in April 2006 with the
operation building up to full
production by August 2006.
The production of 6,000 tons
per month is the contractual
tonnage to be achieved from
August 2006. Its labour
force of 120 people has been
recruited from the local area.
Directors Lunga Ntshulana
and Johan van der Colff, who
collectively have 54 years
of experience in the mining
industry, are directly involved
with the day-to-day operations
of the company. The company
has a comprehensive safety
programme to ensure the safety
and health of employees and
to adhere to all aspects of the
Mine Health and Safety Act.
Anglo Khula Mining Fund holds
25%, Ntshulana 30% and Van der Colff 45%, in Asambeni.
Bambanani Health and Safety
Bambanani Health and Safety,
established by Anglo Zimele in
2000, specialises in the
marketing, distribution and
support of premium quality
personal protective equipment
for the mining and hazardous
industrial sectors.
Anglo Zimele has since divested
from Bambanani, making Solly
Mogola, who started out as a
fitter in the coal mining industry,
the sole owner. From his offices
in Edenvale, Johannesburg, and
Middelburg, Mpumalanga, Mogola
oversees the daily operations,
sales and marketing functions.
Bambanani is primarily a
distribution agent for French
company Bacou-Dalloz, a world leader and trusted brand of protective ear, eye and respiratory gear.
Anglo American operations are
Bambanani’s largest customers,
while a number of companies
outside the Anglo American
group has procured protective
equipment from the business.
Solly Mogola, sole owner and
managing director of Bambanani
Health and Safety
A selection of eye and
hand protection gear sold by
Bambanani
Barcandyle Engineering
Benoni-based Barcandyle
Engineering, which joined
the Anglo Zimele fold in July
2006, supplies a full range
of new screening equipment,
spares and refurbished screens
to the mining industry.
The company, established in June
2001, sought to effectively and
competently serve the screening
needs of the mining sector.
Barcandyle’s services include
the design, sale, marketing
and manufacture of screening
equipment, while also offering
project management, site work,
installation, on-site inspection
and maintenance capabilities.
hold 30% in Barcandyle, is Vusi
Hlabane, a boilermaker formerly
employed by Anglo Coal, who will
also hold 30%. The remaining
10% is held by Anglo Zimele.
With a team of people who
have in excess of 50 years
of experience in the mining
and screening business, the
company is well-positioned to
address technical and mechanical
requirements for all screening
equipment on process plants.
Mark Goatley, Clive Rabie and Vusi Hlabane of Barcandyle Engineering
Owing to its recent expansion,
Barcandyle Engineering’s capacity
has greatly improved and it is
now able to extend its services to
a considerably larger client base.
Joining Mark Goatley, a
production and operations
specialist, and Clive Rabie, an
industrial engineer, who each
A tubular three metre wide banana screen used for dewatering and sizing
of gold and coal and sizing of diamonds
Coalfields Panelbeaters and
Spraypainters
Coalfields Panelbeaters and
Spraypainters is proud to be
the first black empowered
panel beating and spray
painting company in the
Anglo Zimele stable.
Based in Witbank, it services the
panel beating needs of Eskom,
Telkom and Collision Management
Services, insurance companies
and public customers. It has
also secured a contract to repair
the vehicles of all Anglo Coal
operations in the Mpumalanga area.
Simon Ngubeni of Coalfields
Panelbeaters and Spraypainters
Repairs being carried out on a vehicle
with accident damage using a chassis
straightening machine
Within its first year of operation,
Coalfields attained approval from
Santam and Mutual and Federal
insurance companies, as well as
the South African Motor Repairer
Association. The company has also been appointed by Regent Insurance as one of only
two repairers in the Witbank area
while it has also been approved by
a number of other major insurance
companies. It has achieved its
Advance Structure Motorbody
Repairer status and certification as
a Delta Authorised Panelbeater.
Operations director Simon Ngubeni –
who has 30 years of experience in
the panel beating industry – and managing director Naas
Wolmarans lead the business.
Ngubeni, who manages the
quality control and day-to-day
aspects of the business, holds a
40% stake in the venture, while
Wolmarans and Anglo Zimele hold
40% and 20%, respectively.
Coalfields employs 10 people.
Damelin Emalahleni
The Damelin Emalahleni Campus
was established in January 1996
to serve the education needs
of the people of Witbank.
Its primary aim is to provide
a consistent, high quality and
competitively priced education
to school leavers, unemployed
people who wish to re-enter
the workplace and to corporate
companies seeking to upgrade and acquire skills.
The campus is equipped to
address the many training
Carina de Bruin takes Elizabeth Motau through some course outlines at Damelin
Emalahleni campus
requirements of companies
and individuals in the area,
and became an Anglo Zimele
investment in July 2006.
Damelin Emalahleni specialises
in customising courses to
meet corporate requirements,
and provides training during
the day, at night and on
Saturdays to accommodate
people who work shifts.
It employs 12 people and expects
to make a turnover of around R4 million in the coming year.
DSI-Mandirk Strata Support
DSI-Mandirk Strata Support,
the empowerment arm and a
marketing agent of DSI South
Africa, was established in
September 2003 to manufacture
and sell a complete range
of strata support products
for the mining industry.
DSI South Africa owns an
80% shareholding in the
business, and is a division
of the German multinational
Dywidag Systems International.
The remaining 20% is owned
by managing director Gwen
Mahuma, who acquired these
shares from Anglo Zimele
when it divested from the
business as part of a defined
exit strategy in February 2006.
The former CEO of Murray
& Roberts, Carlo Di Nicola,
is the chairman of both
DSI-Mandirk Strata Support
and DSI South Africa.
The business offers its
customers complete solutions
which combine extensive
service packages and a diverse
product line. These products
are aimed at the gold, coal,
diamond and platinum mining
industries, and include resin
roof bolts, shepherded crooks,
grouting rods, forged head
bolts, friction anchors, oslo
straps, W-straps and pigtails.
As a means of ploughing back into the community, DSI-Mandirk outsources some
of its work to the Johannesburg
Council for the Disabled.
DSI-Mandirk’s managing director
Gwen Mahuma
The manufacturing of roofbolts
at DSI-Mandirk’s Elandsfontein
Operation
Emalahleni Oil Collections
Emalahleni Oil Collections, which
was established earlier this year,
is the oil collector of choice for a
number of mines in the Witbank
area and is run by managing
director Thomas Mahlangu.
Mahlangu gained valuable
exposure and experience as
a director and shareholder of
Witbank Chemicals, where he
developed extensive skills in
management and logistics.
His new venture collects used oil from Anglo Coal South Africa’s nine operating
collieries and delivers it
to a single site where it is
processed for re-use.
In this manner, Mahlangu and
his small staff of two, play
an important environmental
role in the Witbank area.
Anglo Zimele recently acquired
a 20% shareholding in the
business, which holds a
logistics management contract
with chemical manufacturing
company Multiclens.
Thomas Mahlangu dispenses old oil for recycling at Anglo Coal’s Kleinkopje Colliery
Galison Drilling
Galison Drilling, which is set to
join the Anglo Zimele fold soon,
is a manufacturer of drilling
consumables for the mining
industry and was established by
the Thorburn family in 1994.
Courtesy: AngloGold Ashanti
The Welkom-based company
supplies drill steel and drill bits
for the hard rock mining sector
in South Africa, Botswana,
Zambia and Zimbabwe.
Galison Drilling manufactures and supplies drill bits and drill steel
for underground drilling operations such as those featured here at
AngloGold Ashanti’s Tau Lekoa Gold Mine – Vaal River Operations
The BEE partner who will acquire
a 26% share in the proposed
new venture is Ishmael Lesolang.
The remaining shares will be
held by Anglo Zimele (15%)
and the Thorburn, Wilson and
McComb family trusts (59%).
Galison Drilling recently expanded
its business activities with
the manufacturing of hopper
wheels, skip guide rollers and
machined parts for both third
parties and its sister companies,
Galison Manufacturing
and Galison Zambia.
Its major clients include Pretoria
Metal Pressing, Mopani Copper
Mines, AngloGold Ashanti,
Harmony Gold Mining, DRDGold
and various mining contractors.
The business employs 23
people, and expects to enjoy
growth of around 20% in the
coming year by penetrating the
platinum and chrome mining
industries, and boosting exports
to southern African countries.
Gillmich
Gillmich is the third largest
producer of computer
stationery in South Africa, and
targets the mining, banking
and industrial sectors, in
addition to paper distributors,
parastatals, and central and
local government structures.
Ingwekazi Holdings, owned by
Wiseman Madinane (80%) and
Anglo Zimele (20%), acquired
100% equity in the Johannesburgbased company, which consumes,
on average, 4,000 tonnes of
uncoated wood free, carbonless,
coated and uncoated paper per year.
Wiseman Madinane, CEO of Gillmich, with his operation in the background
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Madinane is the CEO of the
enterprise which recently invested
R9 million in new equipment
and established a presence in
Cape Town and Durban. This
will give Gillmich the scope
to broaden its product range,
facilitate further exposure and to
generate aggressive growth.
In addition to offering general
services, which include the
printing of business cards,
newsletters, books and magazines,
it supplies custom printed
forms, computer continuous
stationery and has a web finishing
and stock listing division.
Through a common shareholding,
the company also has a strategic
partnership with Rotunda (Pty) Ltd,
which converts thermal and
uncoated wood free paper into
ATM and cash register rolls.
The business has a staff
complement of 116 people,
80 of whom are historically
disadvantaged. A turnover of
R60 million is forecast for 2006.
Go-Awaste Management
Services
Go-Awaste Management
Services handle the treatment,
transportation and disposal of
waste, as well as industrial
cleaning for various mining
operations and the Rand
Water Board.
It also manages domestic,
commercial, mining and
metallurgical waste that
contains heavy metal residue
and contaminated liquid waste.
Go-Awaste works closely
with local community groups,
such as the Phakgamang
Recycling Project in Lebowa
and Everest Kiwi Primary
school near Everest Platinum
Mine. It holds regular cleaning
and environmental campaigns
with the local community.
The company employs more than 160 employees and
subcontractors in and around four provinces, and expects to turn over
R26 million within the next
year. It hopes to obtain its
IS0 14001 certification by
the end of 2006. In 2003,
Go-Awaste was a finalist in
the African Small Medium and
Micro Enterprise Awards, an
initiative of the University of
Stellenbosch Business School.
The company is black owned
(51%) and the balance of the
shareholding is spread between
Anglo Zimele (11%), Veolia
Environment Services (20.5%)
and Larox (17.5%), a Finnish
company, as the consortium’s
technology partner.
Go-Awaste represents a
perfect blend of sound BEE
credentials with foreign
capital and competence.
A Go-Awaste team sorts scrap metal
into different categories
HR Intellect
In today’s business world, it is
a costly and time-consuming
exercise for small, medium and
micro enterprises (SMMEs) to
employ a full complement of
human resources specialists.
HR Intellect offers a wide range
of human resource services
to assist such businesses.
HR Intellect, a BEE venture,
manages the dynamic HR
environment and requirements
concerning human resources,
payroll, training and
development, as well as
labour/industrial relations and
recruitment. HR Intellect focuses
on tools and solutions to keep
its clients’ businesses compliant
in all aspects of labour, ensuring
they have an effective workforce.
The company, which is owned by Mandy Templeton and BEE
partner Wiseman Madinane
(a 26% shareholder), offers
in-house consultation and a
complete outsourced human
resources and payroll solution
at cost-effective and highly
competitive rates. Collectively,
HR Intellect has over 20 years’
experience in the HR and
people management field.
It also offers developmental
tools for SMMEs, with a focus
on growth for businesses as
well as their employees.
Darrel Esterhuizen and Mandy Templeton
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Ikosis Project
The Ikosis project involves the
proposed mining of feldspar
and mica in Steinkopf, which is
situated in the Namaqualand
region of the Northern Cape.
Lower Quartile Solutions
(LQS) has been appointed
to manage the project’s
feasibility study on the Anglo
Khula Mining Fund’s behalf.
LQS is assisting Ikosis with the
development of a sustainable
mine with geological studies,
orebody development,
marketing, mine design, health
and safety, environmental
controls and rehabilitation.
Some of the significant
milestones achieved and
activities completed at the Ikosis
project include drilling and geotechnical investigations, while
market development, plant design
and costing analysis are at an
advanced stage. An independent
geological review is scheduled to
commence in September 2006.
LQS works in collaboration
with several other resource
and engineering consultancies,
allowing access to over
100 engineers and technical
specialists all over the world.
LQS also has an established
track record in consulting,
outsourcing and software
development services for mine
design and development; mineral
resource, mine assessment and
asset valuation; environmental
management; and various
engineering disciplines.
A view of the Ikosis project in the Northern Cape
Itireleng Ore Reclamation
Itireleng Ore Reclamation has
brought about meaningful
empowerment and opportunities
for job creation in the
Mpumalanga area. Anglo Zimele
and empowerment partner
Bob Moloi joined hands to forge
the black owned company
which collects ore by hand
at mining operations.
Mechanical collection methods
leave behind considerable
amounts of ore and this created
an ideal opportunity to form
a new enterprise, and initial
employment for 30 people.
Bob Moloi, CEO of Itireleng Ore
Reclamation
12
Iron ore collection by hand at
Highveld Steel’s Mapochs Mine
Itireleng has secured a contract
with Highveld Steel’s Mapochs
Mine. On average, an extra
2,600 tonnes of ore can be
collected by hand each month
and, of Mapochs Mine’s 890
hectares, 250 hectares require
immediate collection.
All employees, four of
whom are women, reside in
communities close to the mine.
This concept could also be
applied at coal operations by
way of removing remnants of
coal from the pits and cleaning
spillages at tipping points.
The fledgling company expects a
turnover of more than R740,000
within the next year and is
looking into taking over the
screening processes at the mine.
Moloi, managing director of
the operation, acquired 51%
of the new company, while
Anglo Zimele acquired the
remaining equity of 49%.
Itireleng means to ‘do it for
yourselves’ in Northern Sotho.
Kram Engineering
Kram Engineering, an established
player in the non-ferrous wearresistant materials market,
deals in the sale, installation,
and maintenance sectors of
the supply chain, lining pipes,
chutes, silos, feeders, bins,
launders, tanks and specialised
high-wear applications such as
hydro cyclones, disintegrators
and screw conveyors.
Established by managing
director Ferdi Barnard in
1996, the business employs
41 people and is based in
Sebenza, Johannesburg. It
recently opened a branch in
Trichardt, Mpumalanga.
Serving clients such as Anglo
Platinum, Columbus Stainless
Steel, Kumba Coal, Highveld Steel
and Vanadium Corporation, Kram
Engineering’s expected turnover
for the next year is R36 million.
To facilitate the investment,
Anglo Zimele and the black
empowerment partner
in the venture, Letsosa
Matona, formed a new
company known as Rephetse
Investments which owns a
26% stake in the company.
Barnard remains the majority
shareholder together with sales
director Chris de Bruin and
financial director Elize Crous.
Kram is looking into assisting
five underprivileged young
learners from the Abraham
Kriel Children’s Home with their
schooling and, where possible,
with tertiary education.
Alumina ceramic lining carried out by Abram Mokami (foreground) and Mlanduli Zwabo
at Kram Engineering’s operation in Sebenza, Gauteng
Langa Lethu Risk
Management
Langa Lethu Risk Management,
established by Jan Breedt
in 2000, represents
Anglo Zimele’s first black
empowerment deal in
the security sector.
The company is dedicated
to the mining industry and
specialises in providing
security, cleaning, landscaping
and hygiene services.
Langa Lethu started out by
providing security services
to Anglo Coal’s Kleinkopje,
Greenside, Isibonelo, Goedehoop
and Mafube collieries, as well
as to the division’s Witbankbased shared services precinct.
Further to the involvement
of Ejawe Holdings, the BEE
component of Langa Lethu, and
Anglo Zimele, it is currently
negotiating a partnership
with Bidvest under the Bidrisk
Solutions structure. This will
triple its annual turnover to R48 million and increase its
employee complement to 700.
Aubrey Leeuw, who is a
shareholder and director of Ejawe
Holdings, is chairman of Langa
Lethu’s board of directors.
Langa Lethu, which means
‘let the sun shine over us’ in
Zulu, now not only provides
security services to Anglo Coal,
but to other major role players
within the mining industry.
The Langa Lethu team in action at Anglo Coal’s Goedehoop Colliery
13
Leeuw Mining and
Exploration
Leeuw Mining and Exploration
(LME) acquired the rights to
mine and explore Anglo Coal’s
KwaZulu-Natal coal reserves of
anthracite and bituminous coal.
At LME’s Vaalkrantz operation are, clockwise from back, Charles Naidoo
(general engineering supervisor), Danie Victor (mine overseer), Willy Leeuw
(CEO) and Willy von Burick (mine manager)
It is a joint venture between
JPI Leeuw and Associates, a
BEE consortium which holds a
majority stake of 80%, Anglo
Zimele (10%), and Kobus
Rothmann and Ken Smith who
hold the remaining shares. The
company continues to enjoy a
technical association with Anglo
Coal, benefiting from extensive
knowledge and skills transfer.
439 people, of whom 333 are
historically disadvantaged, and
boasts an expected turnover of
R110 million over the next year.
LME has secured an annual export
allocation of 200,000 tonnes
from the Richards Bay Coal
Terminal allotment for the current
year. The mine is producing
between 480,000 and 540,000
tonnes of anthracite per year.
LME is looking into expansion
opportunities to develop
additional anthracite reserves
at Koudelager and steam coal
reserves in the Newcastle area.
LME’s Vaalkrantz Colliery,
which was officially opened
in September 2004, employs
LME has donated clay mining
rights from its Newcastle
reserves to the local community.
Lesedi Tracks, an underground
rail track-laying and maintenance
company, operates from
Rustenburg and services Anglo
Platinum’s mines and similar
operations in the area.
Lesedi Tracks currently employs
185 historically disadvantaged
South Africans and has
maintained not only steady
growth since its inception but
also an excellent safety record.
Lesedi Tracks
It was established by construction
and engineering group Grinaker
LTA and Anglo Zimele out of the
need for considerable bottom line
savings at mining operations.
Rail track laying at Paardekraal Shaft in Rustenburg
14
Previously, Grinaker LTA Mining
Products employed black artisans
to install, build and maintain rail
tracks using concrete sleepers.
Their skilful installation of these
sleepers created an obvious
business opportunity for
entrepreneurs in a BEE venture.
Edgar Keforilwe, managing
director of Lesedi, is responsible
for tendering and liaising with
mine management, and Phillip
Sales, contracts manager, handles
the technical management for
underground construction.
Keforilwe holds a 40% majority
share in the business, while
Grinaker LTA owns 30%. Nelson
Mathombo holds 5% and Phillip
Sales the remaining 25%.
Maccauvlei Training and
Conference Centre
The Maccauvlei Training and
Conference Centre offers a
wide array of training and
development courses and
programmes, and boasts an
extensive list of clients, including
BMW, Mondi, AngloGold
Ashanti, De Beers, Barloworld,
Sun International and First
National Bank, to name a few.
It has gained almost half a
century of experience in
developing and delivering training
solutions designed to achieve the
required outcomes of its clientele.
Maccauvlei is a 40-minute drive
from Johannesburg and is easily
accessible from Gauteng and
the Free State. It is accredited
with the Education Training
and Development Practices’
Sector Education and Training
Authority (Seta) and, where
applicable, has memoranda of
understanding with other Setas.
The centre boasts a trainer
development unit which has
grown into one of the leading
providers of this type of training
in the country. It has a full
suite of trainer development
courses, from entry to
strategic management level.
Customised training has
grown as a result of extensive
international benchmarking,
best practice application and
research and development.
A BEE transaction facilitated by
Anglo Zimele is in progress.
Maccauvlei Training and Conference Centre
Mapungubwe Engineering
Mapungubwe Engineering,
founded by a group of black
professionals in 2003 and
certified by the South African
Mining Preferential Procurement
Forum, is 68% black owned,
60% black managed.
It aims to provide innovative
and environmentally sustainable
solutions and services in
the manufacturing, mining,
petrochemical, projects and
energy sectors in South Africa,
Africa and worldwide.
The company provides a diverse
civils and construction service
to Sasol Coal, Highveld Steel
and Anglo Coal. Mapungubwe’s
competitive edge is the
company’s on time delivery,
quality work and satisfactory
safety record, as well as
ongoing staff training.
Its areas of expertise and
specialisation include civils and
the construction of commercial
and residential buildings, the
implementation of maintenance
contracts in factories, sheeting
and cladding for domestic, retail
and industrial properties, the
supply of selected engineering
commodities and infrastructure
development projects.
Freddy Mugeri, executive
chairman, holds 9.6% in
Mapungubwe. Executive
directors David Ras and Schalk
Pretorius hold 9.6% and 2.2%,
respectively, while non-executive
directors Richard Mkhonta and
Caleb Mabaso hold 9.6% and
0.4%, respectively. Anglo Zimele
owns 19.97%. The balance
of the equity is owned by a
group of black professionals.
Freddy Mugeri, chairman of Mapungubwe Engineering
15
Multiclens
Established in 1994, Multiclens
is a chemical manufacturing
and distribution venture that
supplies biodegradable, nonflammable safety degreasing
fluids, as well as dust control
chemicals for tailings dams,
underground mines and roads.
With clients such as Anglo Coal,
Anglo Platinum, AngloGold
Ashanti and BHP Billiton on
board, the business places
great emphasis on educating
the end-user about making
responsible choices in replacing
solvent-based degreasers with
modern and environmentally
acceptable alternatives.
Norman Siphei (factory assistant), Lifford Zwane (supervisor assistant),
Bridget Hall (managing director), Robert Moshipya (technical and laboratory
supervisor) and Steward Malinga (factory supervisor) with a selection of
Multiclens’ range of degreasing fluids and dust suppressants
Multiclens, owned and managed
by Bridget Hall, has risen from
the innovative development
of environmentally acceptable
products for a small sector of
the market to being widely
accepted within the major
mining and steel sector as
the leading manufacturer and
supplier of these items.
The growth of the company
has ensured rapid and effective
skills transfer to employees,
with several having improved
their skills base within a short
period of time. Both technical
and managerial skills have
been shared at various levels,
from skilled workers to senior
management positions.
Naledi Computer Systems
Naledi Computer Systems
provides its clients with software
and hardware support, server
and network consulting, as well
as installations, configurations
and integration strategies.
Naledi has a team of qualified
and specialised support engineers
and has recently expanded its
consulting service to include
scanning and related services.
These include bulk small format,
large format and all types of
film scanning, with conversion,
draughting, retrieval and other
value-added enhancements
adding to its service offering.
Joe Monakali does a routine check on a client’s computer server and network
16
The business is headed up
by managing director and
black empowerment partner
Joe Monakali who has a 63%
shareholding. He is supported by his technical partner Jaco du Toit who owns 12%.
GijimaAST – an empowered
JSE-listed information technology
solutions and services company –
holds a 25% shareholding,
affording Naledi access to a large
pool of resources, best practices,
experience and expertise. Naledi
also services clients that are too
small for GijimaAST to consider.
In 2005, Naledi was appointed
as an approved State IT service
provider and has contracted a
consultancy to assist with sales
and marketing to drive growth.
It has also recently secured a
contract at Maccauvlei Training
and Conference Centre.
The business, which employs 20 people, expects a turnover of R8.6 million over the next year
and was voted by Impumelelo as
a Top 300 BEE company in 2004.
The word Naledi, derived from
Tswana, means ‘Star of Africa’.
Nomakanjani Logistics
Anglo Zimele, Unitrans Freight
and Bakgotsi Holdings united
in 2004 to put Nomakanjani
Logistics, a road haulage and
transport enterprise, on the
highway to prosperity.
Nomakanjani secured a threeyear contract to load and haul
approximately 3,6 million tonnes
of coal from Mafube colliery,
a joint venture between Anglo
Coal and Eyesizwe Coal, to
Eskom’s Arnot power station
outside Middelburg. Within
seven months of commencing
business, Nomakanjani
increased its staff complement
by nearly 50% to 55 people,
54 of whom are historically
disadvantaged South Africans.
The thriving venture also
increased its fleet by 42% in
the same period. Serious about
safety and quality, the company
has ISO 9000, ISO 14001 and
OHSAS 18001 accreditation.
Ernest Ncube of Bakgotsi
Holdings is the chairman of the
company, while Petrus Hlengetwa
serves as contract manager at
Mafube colliery. Hlengetwa is
a former Unitrans employee
with more than 12 years of
experience to ensure operational
excellence at Nomakanjani.
Nomakanjani expects to generate
a turnover of R29 million in the
next 12 months. The Mafube
contract alone is expected to
generate more than R40 million
over the 36-month period.
Unitrans Freight has a 44% share
in the business with Anglo Zimele
and Bakgotsi Holdings owning
26% and 30% respectively.
Nomakanjani’s name was
derived from the Zulu
phrase ‘no matter what’.
Nomakanjani Logistics currently
services the load and haulage needs of
Mafube colliery
NRB Piping Systems
NRB Piping Systems is involved
in the sourcing, fabrication,
installation and maintenance of
various plastic piping systems,
primarily to mining, industrial,
civil engineering and agricultural
companies in the Richards
Bay and Zululand area.
Anglo Zimele was party to
a successful BEE transaction
between empowerment
partner Lindani Myeni and the
van Tilburg family, creating
NRB Piping Systems.
Idada Holdings, a joint venture
between Myeni and Anglo
Zimele, holds a 26% stake in
NRB Piping Systems, while the
van Tilburg family holds 74%
in the nine year old business.
The company has its five
star NOSA and NCA ratings
and is currently working
towards ISO accreditation.
It was also a winner in the best
small business category, as well
as the premium category of the
Zululand Chamber of Business
Excellence Awards in 2005.
NRB Piping Systems supports various community organisations
and advises rural communities on
the installation of pipes and maintenance of community
water schemes.
Lindani Myeni, NRB Piping
Systems’ empowerment partner
HDPE plastic pipe installation
on site for the city of
uMhlathuze in KwaZulu-Natal
17
PH Projects
PH Projects, based in
Elandsfontein, was established
in 1989 as a structural steel
erection contractor. Since
then the company has grown
gradually into a multi-disciplinary
engineering and contracting firm.
Installation of a conveyor belt system at the Sasol/Kriel South project
PH Projects specialises in
construction and bulk materials
handling, and servicing the mining,
petrochemical, agricultural and
general industrial environments.
Its services include the erection
of structural steel, design and
drafting work, fabrication,
procurement, project management,
turnkey management, heavy
lifting, and supply and
construction management.
Typical applications of its solutions
include various conveyor systems,
crushing and screening plants, belt
and vibrating feeders, stackers and
reclaimers, transfer and
weighting systems, storage
facilities and buildings on
mining and industrial sites.
PH Projects is a strategic
partnership between the Hennop
family as majority shareholders,
and empowerment partners
Goodman Mthombeni and Engela
Hennop. It is 26% owned by
Fame and Fortune Trading, a BEE
company owned by Mthombeni,
while Engela Hennop holds 18.5%
and the Hennop family 55.5%.
In 2005, Bateman acknowledged
PH Projects’ contribution to the
achievement of 450,000 injury
free man hours at the Sasol Kriel
South Project – Material Handling
Systems. Sasol also awarded
PH Projects for its contribution
towards achieving 669,100 hours
without a lost time accident on
the Sasol Kriel South Project.
Probe Witbank
Probe Witbank, which enjoys
over 40 years of industry
experience within the
organisation, was established
in 1996 out of the need to
service the heavy-duty auto
electrical needs of the mining
and industrial sectors.
Keith Concar, operations director and Brian Wilcox, sales manager
The company is managed by
shareholder and operations
director Keith Concar, who
holds 35%, while Fawick Probe
Corporation, which itself has a BEE
shareholding of 30%, holds 35%.
Brian Wilcox, sales manager,
holds 10%. The company is
currently entering into a new
BEE agreement for the remaining
20%. Probe Witbank employs
19 people and looks forward to
expansion in the near future.
The company caters for a wide
range of service requirements,
18
from light delivery vehicles to
haul trucks. Its products include
starters, alternators and batteries;
strobe lights, work lights and
reverse alarms; gauges, on-board
cameras and instrumentation;
as well as a wide range of auto
electrical consumables such
as wiring, cable, switches and
globes. Probe Witbank also offers
a field service for auto electrical
and airconditioning repairs.
The Probe group is currently
setting up a skills development
training programme and supports
the BEE scorecard development
system with the intention of
complying to the highest level.
In community development,
the company supports local
schools and the Witbank
Community Centre, and has
recently agreed to sponsor the
Witbank Spurs Football Club.
Semane Consulting Engineers
Semane Consulting Engineers,
established in 1998 with
25 employees, is an independent
and owner managed multidisciplinary engineering consulting
company which is 41% owned
by black management.
The company is led by five
executive directors and employs
more than 60 engineers and
technicians, 40% of whom are
black South Africans. Semane’s
proficiency is underpinned by the technical profile of its employees;
each with an average of
18 years’ experience.
Semane has extensive expertise
in concepts, feasibility studies,
design and detailing, capital
estimating, risk assessments,
structural protection and
rehabilitation and construction
supervision of large and
small capital projects.
It also has wide-ranging
experience in geotechnical, civil,
infrastructure, environmental,
structural, materials handling,
electrical, control and
instrumentation engineering.
Semane designed the Palabora
Mining concrete headgear, as
well as the underground crusher
foundation, the largest of its kind
in the southern hemisphere.
Its key clients operate in the mining, industrial development,
commercial and public
environments in South Africa,
Botswana, Mali, Namibia,
Zimbabwe, Zambia, Tanzania
and Mozambique.
It is a member of the South
African Association of Consulting
Engineers, and has received the
Impumelelo Top 300 BEE Company
Award every year since 2003.
Currently, Semane’s turnover is in
excess of R30 million per year.
From left Joe Araujo (managing director),
Brian Slabbert (director), Bernhard de Klerk (director), Peter Sharland (director), Rui Couto (alternate director) and Joel Mokgohlwa (chairman)
ScanMin Africa
Anglo Zimele has ventured
into the online analysis
sector and, together with
BEE entity Vika Investment
Holdings, is taking ScanMin
Africa to greater heights.
ScanMin Africa specialises
in the supply and support of
online analysers which allow
for the real-time analysis of ore
in various mining and mineral
beneficiation processes.
Anglo Zimele and BEE partner
Harvey Nkosi, formed Vika
Investment Holdings in January
2005 and subsequently
acquired a 26% equity stake
in ScanMin Africa. Nkosi holds
51% equity in Vika while
Anglo Zimele holds 49%.
The company was founded
in 2000 and has made
significant inroads into the
local mining and minerals
industry with the support of
its Australian principals.
Its products include elemental
analysers used in both the coal
and minerals sectors, particle
size analysers for slurries,
particle size analysers for bulk
ores and moisture monitors.
Potential applications of
analysers for process control
solutions are numerous – for example, quality control,
blending and stockpile building.
The use of analysers in
South Africa is a relatively
new concept and market
acceptance is growing. The
latest enhanced technological
developments coupled with
Anglo Zimele’s involvement
make for an exciting future.
The installation of the Coalscan 9500X at Anglo Coal’s Kleinkopje Colliery
19
Sinoville Fencing
Sinoville Fencing, founded over
30 years ago, specialises in
the manufacture, construction,
service and maintenance of
fences. Its product range
includes palisade, razor mesh,
diamond mesh, stock proof,
game, field, industrial and
electrical fencing, intercom
systems and custom made
and automated gates.
Fanie Niemann at Sinoville Fencing’s Witbank office
Sinoville’s black empowerment
partner, Lawrence Maroos,
and operations manager Fanie
Niemann each hold 40%.
Anglo Zimele has a minority
shareholding of 20%. Niemann
has 20 years of experience in
the industry and now heads
up the venture, with Maroos
overseeing marketing and
new business development.
The empowered venture
employs 30 people, and
is expected to generate a
turnover of R4,3 million
over the next 12 months.
The company has received wide
support and positive feedback
from local companies and it has
secured relationships with other
mining companies. Sinoville is
the only company in the Witbank
and Middelburg areas that offers
electric fencing solutions.
Sinoville is currently operating in Steelpoort at the Two River Platinum project and plans to open a branch in the area.
Specialised Rubber and
Industrial
Anglo Zimele joined forces
with the Hira Heritage Trust to
empower Specialised Rubber
and Industrial in April 2005.
Specialised Rubber and
Industrial was created out of
the merger of the company’s
four separate business units: Specialised Belting and Hose,
Specialised Rubber Products,
Specialised Rubber Hoses and
Flexible Metallic Hoses.
Simon Mabena of Specialised Rubber and Industrial, taking stock
of stainless steel exhaust tubing
20
This ISO 9001: 2000
certified company boasts a
diverse range of rubber and
industrial products, including
hand-built rubber hoses and
bends, stainless steel flexible
metallic hoses and exhaust
tubing, extrudates, calendared
sheeting, steep-incline conveyor
belting, press-cured sheeting,
knee guards for the mining industry and ex-stock rubber
conveyor belting and hose.
Specialised Rubber and Industrial, which supplies to power stations, mining
operations and construction
companies, yields an annual
turnover of approximately R90 million and employs 150 people, 116 of whom
are historically disadvantaged
South Africans, at its Alrode
and Brakpan sites.
Hira Heritage Trust, the BEE
entity, holds 26% in Specialised
Rubber and Industrial. The existing management and
shareholders, through
Specialised Holdings, retain a 64% stake. Harry Hira is the
managing director and an
existing shareholder. This
brings the BEE shareholding to
an effective 31%. Anglo Zimele
holds 10%.
Thabo Piping Systems
Thabo Piping Systems –
a pipeline construction and
maintenance enterprise –
fabricates, installs and maintains
thermoplastic piping at various
mining, industrial and power
generation operations in the
Witbank region.
It is a joint venture between
Ian Graham (40%), black
empowerment partner Stephen
Mnguni (30%), Petzetakis Africa
(15%) and Anglo Zimele (15%).
This partnership empowers
the company with financial,
managerial and technical
expertise – essential elements
in any business. As the
principal technical partner in
the venture, Petzetakis Africa
provides the business with
specialised expertise, while
Anglo Zimele offers its support
with administrative, legal and
company secretarial services.
Mnguni, formerly a welder
foreman at Zaragon Plastics,
supervises maintenance teams
and oversees the fabrication and
installation of piping systems.
Thabo Piping turned over
R20 million in 2005, and
had its first taste of the
construction industry with a
2,6 km pipe installation project
under way in Garankuwa.
The company, which employs 32 people, boasts an exceptional
safety record which it believes
has been achieved through
commitment from all employees.
The Thabo Piping team works on a HDPE pipe at Anglo Coal’s Kleinkopje Colliery
Transcend Empowerment
Advisors
Transcend is a broad based
BEE consultancy, focusing
on all aspects of the service
value chain.
Its service offering to all
industry sectors includes
strategy consulting, end-toend transformation change
management, transformation
feasibility studies and models,
BEE strategy development,
BEE partner sourcing and BEE
capacity building and training.
The company, which joined the
Anglo Zimele fold in September
2006, employs four people
and looks to its broad network
of experts and consultants for
specific projects. The three
partners are Lisa Tait, Kevin
Lester and Andrea Brown.
The major shareholders
include the Lester family trust,
Tait, Brown and Mohlaleng
Strategy Advisors. Transcend
is currently seeking to expand
its BEE shareholder base.
The Transcend team is Kevin Lester, Andrea Brown, Lisa Tait and Cheslin Mostert,
representing Mohlaleng Strategy Advisors
21
Tyre Corporation Holdings
Tyre Corporation Holdings (TCH),
based in Midrand, Gauteng,
specialises in the supply,
service, construction and
maintenance of all tyre
requirements for the
mining sector and selected
transport operators.
Bruce O’Ehley and Colin Brown,
identified a viable business
opportunity within the local
tyre replacement market.
Clockwise from back are Sipho Mavolontiya, Daan Badenhorst,
Colin Brown and Bruce O’Ehley
With special emphasis on a strong BEE partnership, TCH brought on board Sipho Mavolontiya, who holds a 13% share in the venture.
An employee trust, an initiative
of O’Ehley and Brown, holds a 13% equity stake in the
business, while the remaining
shareholding is owned by
Anglo Zimele (13%) and
management (61%).
Mavolontiya has been
commercially active in the
industry and tyre recycling
technology since 1997. His knowledge of the sector and his network built up
over time are of great
benefit to the company.
TCH employs a collective 355 people at its 15 branches
and recorded a turnover of more
than R250 million in 2005.
Urethane Moulded Products
Anglo Zimele, together with
Veli Thwala and Trevor Carolin,
is moulding a world-class future
for Urethane Moulded Products
(UMP), an Edenvale based
company that manufactures a
wide range of urethane based
components and is one of the
largest players in its market.
UMP’s products offer outstanding
abrasion resistance, impact
absorption and resilience
properties, making them ideal for
the mining, industrial, chemical
and processing markets.
A 110 mm lateral pipe fitting
from UMP’s new Inyati piping
range used for pipe launders in
a mineral sands plant
UMP’s latest range of Armadillo
sheeting used as a lining in a mill
feed spout for a platinum mine.
Thwala and Anglo Zimele
created Umshiva Investments,
which acquired a 30% stake
in the 30 year old company.
Carolin Investments, which
purchased the business from its
founder in 2001, now owns 70%.
The company boasts an annual
turnover of around R10 million and
22
currently has agents in Richards
Bay, Rustenburg, Kimberley,
Witbank, the Cape and Zambia.
Among its clients are AngloGold
Ashanti, Anglo Platinum, Anglo
Coal, Ticor, Konkola Copper
Mines and Impala Platinum.
It also has strong links with
international suppliers of
raw materials and processing
technology in France and Australia,
and is listed on Quadrem, the
Global eMarketplace™.
UMP continues to invest in
advanced technology, giving it
the edge in more cost-effective,
hard-wearing cast urethane
products. It has recently proven
itself in tests showing that UMP
urethanes can outlast other
formulations in tough slurry
environments. Coupled with this
cutting-edge technology, it views
empowerment as of strategic
importance to the sustainable
growth of the business.
Worldwide Coal
Worldwide Coal is a thriving
operation focused on
developing, exploiting and
beneficiating its coal reserves
in Carolina, Mpumalanga.
The company operates a coal
washing plant and a mine near
Carolina and holds prospecting
rights to significant amounts
of high-quality coal reserves
concentrated in the area. These
give the operation critical mass
and a life of over 25 years.
The company was formed
by Briss Mathabathe and Joel
Mokgohlwa and was formerly
called Imbani Coal (Pty) Limited.
In June 2006, Worldwide
African Investment Holdings
(Pty) Limited acquired a 51%
controlling interest in the
company. Other shareholders
are Carolina Coal (15%),
the Anglo Khula Mining Fund
(15%), Imbani Coal Holdings
(Pty) Limited (9,1%) and the
management team (9,9%).
The bulk of Worldwide Coal’s
production is exported to
Europe and Asia, and the
company is in the process of
developing a domestic market.
Worldwide Coal has been
granted export allocation via the
Richards Bay Coal Terminal.
The mining plan caters for an
increase in production to one
million tonnes per year by 2008,
coinciding with the addition of
a new rail siding and second
wash plant capable of handling
70,000 tonnes per month.
Worldwide Coal employs four
permanent employees, and
approximately 150 people
through sub-contractors.
The coal operation of Worldwide Coal, based in Carolina, Mpumalanga
Its expected turnover for the
next 12 months is R150 million.
The company has reported an
excellent health and safety
record and strives for the highest
possible standards in this area.
23
Anglo Zimele board of directors
Godfrey Gomwe Nick van Rensburg Tebello Chabana David Fish
Ben Magara
Greg Maud
Norman Mbazima
Don Tooth
Chairman
Managing director
Contact information
Anglo Zimele Empowerment Initiative Limited
Telephone + 27 11 638 4172
Fax + 27 11 638 5321
Anglo Zimele office bearers
Nick van Rensburg Sandra Berry
Louwrens de Jager Natalie Karod-Domingo Larisha Naidoo
Joel Ntlhakana
Verushca Pillay
George Serobatse Lia Vangelatos Managing director
Administrative assistant
Business development manager
Company secretary
Companies accountant
Business development manager
Legal advisor
Anglo Khula Mining fund manager
Anglo Zimele fund manager
Email
zimele@angloamerican.co.za
Website
www.anglozimele.co.za
Postal Address
PO Box 61587
Marshalltown
2107
Johannesburg
Produced by Anglo American Corporate Communication Department and Frog Communications
This publication is printed on Condat matt, a paper supplied by Mondi
24
Anglo American South Africa Limited
PO Box 61587
Marshalltown
2107
Tel +27 11 638 9111
Fax +27 11 638 2557
www.angloamerican.co.uk
Issued September 2006