South Africa: AfriSam to encourage enterprise development in Bafokeng

South Africa: AfriSam to encourage enterprise development in Bafokeng
Published: 08 June 2016

Tagged Under: Afrisam 

At a ceremony held at Phokeng, North West Province, AfriSam and New Business Consulting, a 100 per cent Broad-Based Black Economic Empowerment (B-BBEE) Bafokeng-owned company, signed a Memorandum of Understanding (MoU), cementing a partnership to facilitate enterprise development and creating job opportunities for the Royal Bafokeng Nation.

As part of the MoU, a number of enterprise development opportunities within the Bafokeng area have been identified and are currently being investigated. Amongst these is the establishment of containers as cement sales outlets as well as a premix bagged product manufacturing facility. The goal is to establish sustainable local enterprise development businesses that will directly benefit the Bafokeng people.

"All the projects we have identified strongly align with, and support, the strategic objectives and enterprise development goals of the Royal Bafokeng Group and should create shared value for all parties involved, including the local community," says Roshni Lawrence, strategic growth executive at AfriSam.

Cement and construction related products are a fundamental requirement for infrastructure development and broader economic growth. It is for this reason that AfriSam is proud of the positive contribution it can make to society through the products it manufactures.

AfriSam has an extensive network of cement, aggregate and readymix operations, which enables the company to play an active role in the growth and development of most regions in southern Africa. It is this very network that gives the company access to some of most remote locations in regions around the country and allows it opportunities to build relationships with communities surrounding its operations.