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Mondi Zimele

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  1. Mondi Zimele

  2. Mondi Zimele Overview • Mondi Zimele adds value through making available equity, loans and business development support to empowered and emerging businesses within the Mondi value chain and surrounding communities. • Mondi Zimele`s objectives are to: • Promote sustainable black economic empowerment and the availability of competitive contractors in Mondi’s forestry and mill value chains • Encourage economic development and job creation in our forestry communities • Facilitate the increased availability of sustainable, competitive timber by private growers for Mondi mills (including the development of new emerging community forestry businesses). • Mondi Zimele is supported through a ‘revolving’ fund from Mondi (and more recently DBSA) which is deployed on commercial terms as equity and loans to qualifying Investee companies.

  3. Geographic Focus • Mondi Zimele Regional Support Hubs • Hilton, Richards Bay, Piet Retief Hubs • Forestry & SME Development Specialists • Business infrastructure & office based support • Greytown, Ntonjaneni, Dumbe contact centres • Scheduled weekly BDM interaction Target Areas

  4. Spaza Shops • Artisan Trade • Retail Vending • Construction • Catering • Local Transport Leveraging Local Employment through SME`s

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