Mayfox becomes first E Africa miner to implement cost-control software

23rd April 2014 By: Natalie Greve - Creamer Media Contributing Editor Online

JOHANNESBURG ( – Kenyan-owned Mayfox Mining has signed an agreement with Sage Enterprise Resource Planning (ERP) X3 solution provider for the installation of an ERP solution, which will see the gold exploration company become the first mining company in East Africa to implement Sage ERP X3.

Business software firm Sage said in a statement that the software solution would enable tight cost control and provide management with critical real-time information for fast and responsive decision-making, supporting the company’s plans to list on NSE’s Growth Enterprise Market Segment by the end of the year.

Mayfox Mining commercial director Mugwe Manga added that effective cost allocation in business was only possible if supported by valid data and the appropriate systems.

“In a capital-intensive business such as ours, accurate cost allocation is essential if one is looking to become efficient and cost effective. With Sage ERP X3, Mayfox Mining will be able to identify unnecessary costs and swiftly highlight any unusual expenditures within our operations,” he commented. CEO Nicolas Descampe added that the ERP solution offered a great deal of flexibility when it came to implementing solutions that fit customers’ needs.

“The scalability of the system was also beneficial and further highlighted the systems robust architecture,” she said.

Sage ERP X3 senior VP for sales in Africa, Australia, the Middle East and Asia Keith Fenner added that the firm looked forward to working closely with and Mayfox to roll out a business solution that would support the mining company’s growth as it headed for its listing later this year.

“We are excited to have clinched this important deal with our first mining customer in East Africa,” he remarked.