Johannesburg, South Africa (PressExposure) July 05, 2011 -- Anglo American's enterprise development arm, Zimele, recently underscored its success in developing entrepreneurs and small and medium business when it recognised the individuals and organisations from its best performing funded businesses at a recent awards ceremony, held in Johannesburg.
The awards formed part of Anglo American's Local Procurement and Enterprise Development Trade Fair, which brought together the company's large local, domestic and multinational suppliers, as well as Zimele's small and medium enterprises, in order to network and articulate their business case.
Throughout its 22-year history, Zimele has created numerous sustainable, commercially viable enterprises, and empowered entrepreneurs to operate in the mainstream economy. Through its four funds, Zimele has invested R467 million into 845 businesses, which collectively employ 15,851 people.
Zimele Managing Director Nick van Rensburg acknowledged the achievements of the winners, and noted that their success aligned to Zimele's core objectives.
"On behalf of Zimele, I would like to congratulate all the awards winners. These businesses and individuals have displayed a considerable propensity for business talent, accompanied by the necessary drive, commitment and work ethic. Their undoubted business success and development is testament to the fact that Zimele is succeeding in its goal of developing and nurturing commercially viable and economically sustainable businesses, and making a real difference."
The winners emanated from four different categories, namely, Supply Chain Fund Best Performing Businesses, Community Fund Best Performing Businesses and Achiever Award, Olwazini Fund Best Learner and Business Performer, and Anglo American Khula Mining Fund Award for the Best Performing Business Overall.
In the Supply Chain Fund Best Performing Businesses category, Foodworx, a catering company, were the winners in the large category (annual turnover >R20m), AEF Mining, refurbishes buckets used in mining, won the medium category (annual turnover R10m-R20m), Baubu Transport, transports mine employees, won the small category (annual turnover