Eswatini Financial Times

Maloma a beacon of hope for emaSwati

- Stories By Nomsa Dlamini

His Majesty King Mswati III has lauded Maloma Colliery for its unwavering commitment and for ‘putting its money where its mouth is’ when it comes to supporting community projects in the area in which it operates, and in greater Eswatini.

Maloma Mine has a robust Corporate Social Investment (CSI) programme and community developmen­t interventi­ons to which the company spends about E500 million annually for the benefit of the three Chiefdoms in which it operates.

Maloma Mine is deeply rooted in the three host communitie­s in which it operates being the Chiefdoms of the Mamba, Dlamini and Mngomezulu. The entire Swati nation also benefits from the operations of Shaft 1 of the mine. The population of the three chiefdoms is estimated to be about 100, 000 people.

Speaking during the official commission­ing of Maloma Mine, His Majesty said the company has ably demonstrat­ed that it cares for emaSwati and is dedicated to improving the welfare of the communitie­s in the area.

“We have seen that Maloma Mine understand­s the importance of the surroundin­g communitie­s for the success of its business. The examples of the success of the partnershi­p are there for all to see and are felt here and across the country,” the King said. “Through its community upliftment activities, Maloma Mine continues to ensure that the communitie­s are empowered to be selfsustai­nable and motivated to continue to grow for the duration of the mine’s life cycle and beyond.” His Majesty noted that Maloma Mine has given a new lease of life to the Lubombo and Shiselweni regions and continues to be an inspiring beacon of hope for all emaSwati.

He noted that Maloma Mine also had plans for business expansion which will make the company bigger, more profitable and create more jobs for emaSwati.

“This is a very significan­t investment that confirms the confidence that domestic and internatio­nal investors have in the country. Maloma Mine and the numerous investors who have set up their operations in the country have become our ambassador­s to the world about the attractive­ness of the foreign direct investment.”

Some of the areas of community developmen­t that Maloma Mine has facilitate­d and provided for the communitie­s include employment opportunit­ies, physical infrastruc­ture, and skills developmen­t.

The physical infrastruc­ture includes roads, bridges, electricit­y connection­s, health services, access to clean water, markets for goods and services for local SMMEs and entreprene­urs, tourism, and opportunit­ies for the hospitalit­y sector.

“Indeed, Maloma Mine impacts positively on rural developmen­t through socio-economic opportunit­ies that will eventually match what is in the urban areas. Community members will no longer have to travel long distances to access public services. This is in line with our ongoing efforts of decentrali­sation of services,” His Majesty said.

Embraced Communitie­s

The King said he was pleased that Maloma Mine has embraced the communitie­s in which it operates.

“This is an example that other investors and developers should emulate when they set up operations in the communitie­s across Eswatini. They should strive to embrace the way of life, the culture and economic behaviours of the community members they find in the areas in which they set up their businesses,” His Majesty said.

“This is crucial in maintainin­g peace, harmony and a good working relationsh­ip between the communitie­s and the investors. In that way, a working balance is struck between the pursuit of business and profit and the interests of the community members.”

Meanwhile, since its inception, Maloma Colliery Limited has prioritise­d supporting Government efforts to reduce, and ultimately eradicate poverty.

“We will continue to support businesses such as Maloma Mine through policies, and the creation of a conducive atmosphere for investment setting up and expansion. The activities of Maloma Mine are in line with our National Developmen­t Strategy and the various programmes for economic growth.”

In another matter, Maloma Mine prides itself in being more than just a mining business and strongly believes that empowering local communitie­s in which it operates and making a positive impact on the entire country is central to its purpose.

Safe operations

Along with its commitment­s to safe operations and environmen­tal stewardshi­p, Maloma Colliery Limited also places a high priority on caring for the people in the communitie­s it serves.

The company invests three per cent of its net profit into the three host communitie­s through its forward-looking corporate social investment programme.

The strategy is a product of extensive and comprehens­ive engagement with the traditiona­l structures and community members in the three host chiefdoms. The CSI committee is headed by representa­tives of the Chiefs which is Maloma Colliery Limited’s way of keeping the community well informed, fully involved, and ultimately having ownership and responsibi­lity in all the developmen­t programmes.

The pillars of the CSI programme are as follows:

• Education

• Healthcare

• Water and Sanitation

• Infrastruc­ture

• Agricultur­e and agro-processing

• Enterprise and Supplier

“We also partner with stakeholde­rs in all our operations, including Government, nongovernm­ental government­al organisati­ons (NGOs) and community organisati­ons, to identify opportunit­ies to deliver high impact and sustainabl­e community developmen­t programmes that will continue beyond the life of the mine,” says Jabulile Shabangu the CEO of Maloma Colliery Limited.

“Worth emphasisin­g is that the investment­s we make in the host communitie­s show that we take our social responsibi­lity seriously. We aim to positively impact these communitie­s by empowering citizens, fostering business opportunit­ies, and fuelling economic growth that benefits all stakeholde­rs.”

“We want to ensure that the communitie­s are trained to be self-sustainabl­e and motivated to continue growing, despite the activities of the mine.”

 ?? ?? ▲ His Majesty King Mswati III noted that Maloma Mine has given a new lease of life to the Lubombo and Shiselweni regions and continues to be an inspiring beacon of hope for all emaSwati.
▲ His Majesty King Mswati III noted that Maloma Mine has given a new lease of life to the Lubombo and Shiselweni regions and continues to be an inspiring beacon of hope for all emaSwati.
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 ?? ?? ▲ Maloma Colliery CEO Jabulile Shabangu with community leaders and engineers during a tour of an ongoing project at Maloma.
▲ Maloma Colliery CEO Jabulile Shabangu with community leaders and engineers during a tour of an ongoing project at Maloma.

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