Shaftsinkers Holding plc
 

Responsibility

Community

The Group is dedicated to investing into the welfare of the local community through business and other project funding initiatives.

 

Shaft Sinkers (Pty) Limited is in the process of implementing initiatives such as a tertiary education bursary scheme for children of employees and employment of local labour and local skills development within its pipe manufacturing facility.

 

The Group spent ZAR 1.8 million on enterprise development during 2009. The Group partnered with Raizcorp to select suitable start up businesses, generally with HDSAs and to provide them with entrepreneurial training to enable them to become self sustainable.

 

During 2009, the Group funded seven businesses which varied from catering to waste removal companies and also assisted an HDSA to start up an underground wetcrete application company which has recently become an approved sub-contractor to the Group.