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Mondi Zimele

Mondi Zimele. 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:

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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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