Anglo American plc, one of the world’s largest mining groups, recently unveiled a new enterprise development venture that will help to generate more jobs, support entrepreneurship and strengthen local economies in South Africa. This commitment is a pledge to the Business Call to Action – a global initiative that challenges companies to apply their core business expertise, technology and innovative spirit to tackle poverty and contributing to the achievement of the Millennium Development Goals, eight anti-poverty targets with a 2015 deadline.
Anglo American seeks to establish 12 enterprise development hubs in high unemployment areas in South Africa, within the ongoing Anglo Zimele initiative, Anglo American’s enterprise development and investment fund in South Africa, which has created numerous sustainable, commercially viable enterprises and empowered entrepreneurs to operate in the mainstream economy. The new venture is expected to create 25,000 new jobs in up to 1,500 new businesses across South Africa over the next seven years.
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