Working with South Deep

Our objective

South Deep is deeply committed to the communities in which we operate, and in ensuring that our host communities’ benefit both directly and indirectly from the mine operations.

We are committed to the targets we have made under the Mining Charter to identify and develop black-owned suppliers and service providers, and believe that this should include our host community suppliers and service providers, Regional Suppliers and National South African Based suppliers in line with 2018 Mining Charter 3 requirements dealing with ownership and local content. This includes BEE compliant companies, historically disadvantaged person-owned and controlled companies, which include youth and women majority ownership.

Procurement decisions are based on sound economic principles, which is the right thing to do, and part of living up to our values. We intend to make a real and lasting impact on the development and support of sustainable, competitive and independent businesses that will deliver mining goods and services, not only to South Deep, but to other businesses in the area, and beyond.

For more information on our funds, click on the links below:

Edge Action Fund

Supplier Development Funding - This application is for the provision of funding to investment-ready South Deep host community enterprises seeking to unlock growth opportunities. The funding is for purposes of Capital Expenditure (such as plant, equipment, and vehicles) and Working Capital requirements (excluding short-term purchase order financing) between R 1 million and up to R10 million. Higher amounts can be considered on a case-by-case basis.

If you meet the above criteria and are ready to grow your business, please click on the link below.
Apply

Profit Share Partners Fund

Enterprise Development Funding - Aimed at providing short-term capital, which provides financial support to South Deep’s host community enterprises with valid and acceptable purchase orders or contracts. (Capital support from R250,000 up to a maximum of R5 million per transaction)
Apply

Edge Ignite Fund

Enterprise Development Funding for earlier-stage businesses – Offers SMEs access to a variety of funding options (mostly short and medium term), ranging from R 50,000 to R 1 million providing financial solutions such as concessional loans, capital for purchase orders, working capital, operational expenditure, small capex, and expansion capital.
Apply

Our targeted communities

Targeted communities [map]
Targeted communities [map]

Our host communities fall within the Rand West Local Municipality, which includes Westonaria and Randfontein, and Poortje, which falls within the City of Johannesburg. Carletonville, Fochville and Krugersdorp are our regional communities and fall into the broader West Rand District Municipality. Our suppliers extend to the rest of Gauteng Province and South Africa.

The CfSD Incubation Hub

The Centre for Supplier Development (CfSD) Incubation hub is at the forefront of championing local economic transformation and empowerment programmes on behalf of South Deep for the benefit of our host communities.

Read more

 

Our process

Becoming a supplier to South Deep
Definitions:
  • Host communities fall within the Rand West Local Municipality, which includes Westonaria and Randfontein; and Poortje, which falls within City of Johannesburg.
  • Regional communities fall into the broader West Rand District Municipality, which includes those not already included in the above host description. This includes Carletonville, Fochville and Krugersdorp.
  • National suppliers include the rest of Gauteng Province and South Africa in general.

 

Expressions of Interest

Pre-register as a potential supplier here

Past Expressions of Interest

To view a list of expired opportunities, please visit our Localwise portal, https://goldfields.localwise.co.za/Opportunities.aspx and click on the "Past Opportunities" tab.

Establishment of South Deep’s Enterprise and Supplier Development Fund

South Deep has partnered with Edge Growth and Profit Share Partners, who are experienced SME Development Fund Managers, to create a measurable and meaningful impact by unlocking the potential of our host community enterprises.

South Deep has contributed to the two funds managed by the partners, providing short-term and long-term loans to enterprises from our host communities.

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