http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 16.28Change: -16.12
R/$ = 14.20Change: -14.06
Au 1293.40 $/ozChange: 2.25
Pt 1075.00 $/ozChange: -1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 20, 2012

Anglo Zimele reports substantial interest in Green Fund

Back
Agriculture|Africa|Business|Efficiency|Mining|Projects|Renewable Energy|Renewable-Energy|SECURITY|Sustainable|Waste|Water|Africa|South Africa|Emissions Management|Energy|Energy Efficiency|Renewable Energy|Environmental|Nick Van Rensburg|Waste|BIOFUELS
Agriculture|Africa|Business|Efficiency|Mining|Projects|Renewable Energy|Renewable-Energy|SECURITY|Sustainable|Waste|Water|Africa||Energy||Environmental|Waste|
agriculture|africa-company|business|efficiency|mining|projects|renewable-energy|renewable-energy-company|security|sustainable|waste-company|water|africa|south-africa|emissions-management|energy|energy-efficiency|renewable-energy-industry-term|environmental|nick-van-rensburg|waste|biofuels



Anglo American enterprise development arm Zimele reported on Tuesday an “overwhelmingly” positive response from small enterprises in its Green Fund, with over 100 responses since its launch in November last year.

Zimele committed R100-million over seven years to its Zimele Green Fund – an amount that could be increased if there were sufficient enterprises and buy-in from partners.

The development capital fund targeted investment opportunities in the so-called green economy, such as renewable energy, biodiversity, biofuels, conservation, agriculture, waste and emissions management, energy efficiency, climate change and water conservation.

It also focused on developing and funding small and medium-sized enterprises (SMEs) that promote and develop environmentally sustainable projects.

Zimele MD Nick van Rensburg commented that the significant interest the fund received in a short period pointed to the considerable potential and viability of the fund, and that business people were eager to make a real difference to South Africa’s green evolution.

The fund facilitated new investments in projects yielding both environmental and economic benefits and encouraging a greener way of thinking among the South African population. It also enabled communities to respond to key environmental challenges such as climate change and water security, as well as take advantage of opportunities in the green economy.

The company noted that, while it was confident of new projects joining the Zimele Green Fund by July 2012, the large number of interested applicants resulted in a lengthy process for funding approvals.

“It is important to note that approving projects of this nature takes time, as many applications are technically based, and first have to undergo a comprehensive review process before being approved. Zimele’s technical committee first has to approve technical plans and specifications before a comprehensive due diligence is conducted,” he explained.

Anglo American Zimele operated four other funds, namely the Supply Chain Fund, which focused on supply chain procurement and business development opportunities for black-owned SMEs; the mining-related investment fund the Khula Mining Fund; the Communities Fund, which supported entrepreneurs and small businesses in the communities in which Anglo American operated; and the Olwazini Fund, which was designed to assist women, the disabled and young people establish and run their own small businesses in the mining communities.
 

Edited by: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
 
Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Environment News
Environmental Affairs Minister Edna Molewa
Cabinet has extended the contract of Department of Environmental Affairs (DEA) director-general Nosipho Ngcaba and approved the appointment of Limpho Makotoko as the new DEA COO.     “Under the leadership of Ngcaba, the DEA has consistently received clean and...
INCREASING FILTRATION EFFICIENCY Pulse jet bag filter replacing ESP on a kiln dedusting filter plant
Air pollution and dust-control equipment designer, manufacturer and supplier John Thompson Air Pollution Control marketing and sales manager Gerard Pretorius says the company is ready to assist clients in complying with new emission standards by 2020.
BAG FILTERS An example of FFT’s product offering – a bag filter unit for a fume extraction system at Ausmelt Copper Smelter
The importance of emission control is gaining traction not only locally but also in sub-Saharan Africa, where it held little priority previously. This is especially true of international companies, says air filtration company Freudenberg Filtration Technologies (FFT).
More
 
 
Latest News
Environmental Affairs Minister Edna Molewa
Cabinet has extended the contract of Department of Environmental Affairs (DEA) director-general Nosipho Ngcaba and approved the appointment of Limpho Makotoko as the new DEA COO.     “Under the leadership of Ngcaba, the DEA has consistently received clean and...
Mzwandile Masina
The Department of Trade and Industry (DTI) has invited companies to participate in a trade and investment mission to Ghana and Nigeria from August 8 to 12.   Companies in the agriculture and agroprocessing sectors, built environment professionals, automotive and...
Cabinet has approved the Industrial Policy Action Plan (Ipap) 2016/17 to 2018/19, which seeks to achieve a higher-impact industrial policy in difficult economic circumstances, including the difficulties faced by the domestic steel industry and the drought which has...
More
 
 
Recent Research Reports
Automotive 2016: A review of South Africa's automotive sector (PDF Report)
Creamer Media’s Automotive 2016 Report provides an overview of South Africa’s automotive industry over the past 12 months. The report provides insight into local demand and production, vehicle imports and exports, investment and competitiveness in the sector, as well...
Energy Roundup – April 2016 (PDF Report)
The April 2016 roundup covers activities across South Africa for March 2016 and includes details of a North Gauteng High Court Judge’s dismissal of a court application to postpone the 9.4% electricity tariff increase, which the National Energy Regulator of South...
Electricity 2016: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2016 report provides an overview of South Africa’s electricity sector, focusing on State-owned power utility Eskom and independent power producers, electricity planning, transmission, distribution and the theft thereof, besides other issues.
Energy Roundup – March 2016 (PDF Report)
The March 2016 roundup covers activities across South Africa for February 2016 and includes details of the Department of Energy’s plans to announce the preferred bidders for the first tranche of the coal independent power producer procurement programme; the Council...
Steel 2016: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2016 Report examines South Africa’s steel industry over the past 12 months. The report provides insight into the global steel market and and particularly into South South Africa’s steel sector, including production and consumption, main...
Construction 2016: A review of South Africa's construction industry (PDF Report)
Creamer Media’s Construction 2016 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; key participants; local demand; geographic diversification; corporate activity; black economic...
 
 
 
 
 
This Week's Magazine
The two spent-fuel pools at Eskom’s 1 800 MW Koeberg nuclear power station, in the Western Cape, will be full by 2018, increasing the urgency on the State-owned utility to begin pursuing alternative storage options. Koeberg has, over the past 32 years, accumulated a...
South Africa lacks the skills necessary to implement the government’s plan to build 9.6 GWe of new nuclear energy capacity, warns nuclear-qualified Quality Strategies International CEO David Crawford. “Apart from the concern about the affordability of the programme,...
DOROS HADJIZENONOS The 700-series devices provide network security monitoring, app control, URL filtering, VPN security, antivirus, antispam, antibot, and advanced intrusion prevention and detection functionality
Cybersecurity multinational Check Point has released its latest 700-series cybersecurity systems for small businesses, which draw on its international threat intelligence to provide up-to-date cybersecurity, says Check Point South Africa country manager Doros...
Daimler Trucks and Buses Southern Africa (DTBSA) saw a marked slip in new-vehicle sales in 2015 compared with 2014, with sales dropping from 5 897 units to 5 300 units. The decline came as the South African new truck and bus market declined from 31 558 units in 2014...
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $149 Close
Subscribe Now for $149