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| Key performance
area |
Current status and
remarks |
|
| Ownership and joint
ventures |
 |
BEE company
Mvelaphanda Resources currently holds 22.3% of the company's
issued share capital |
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| Equitable people
development opportunities |
|
Literacy and numeracy
training in place using modern training methods based on
e-learning. Adult Basic Education and Training (ABET) is an
important component of the company's overall training
initiatives and is contributing to the development of
historically disadvantaged South Africans (HDSA) employees |
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A pool of 81 HDSAs has
been selected for career fast-tracking |
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HDSA management
currently stands at 12.5% The 5 and 10 year targets are 14.3%
and 40% respectively |
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The training
department has received ISO 9000 accreditation, and has received
provisional accreditation from the Education and Training
Qualification Authority (ETQA) |
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Bursary students at
tertiary institutions have access to experiential training at
Northam as a result of the company's participation in industry
initiatives for skills development |
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Training expenditure
in the past financial year increased by 27% and in the next
financial year will approximate R10 million, equivalent to over
2% of the company's total payroll |
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| Mine community and rural
development |
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The company's
corporate social investment (CSI) programme has recently been
formalised. Projects are informed by a multi-stakeholder
engagement process |
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The Northam Schools
Project is now in its third year, and focuses on building
capacity and facilities at local educational institutions. The
CSI programme has recently allocated R1million to the Mandela
Schools Programme |
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Northam supports the
local Mashapile community AIDS project to fight the disease in
the surrounding community |
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The company is a
partner in TEBA's rural home-based care programme for AIDS
patients in the labour-sending areas |
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| Procurement from HDSA
companies |
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HDSA companies are
given preferred status, although the company is vigilant about
avoiding empowerment "frontage" and has implemented
steps to verify suppliers' empowerment status |
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Currently some 6% of
the total value of the company's procurement expenditure is
allocated to verified empowerment vendors. The target for HDSA
procurement in the medium to longer term is 50% |
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During the coming year
all vendors will have their credentials verified |
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| Housing and living
conditions |
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The past year has seen
vast improvements in the quality of nutrition for employees. A
catering supervisor has been appointed and a dietician pays
regular monitoring visits |
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Improvements in
employees' accommodation are planned for the year ahead, with
further work being required to fast-track a housing project and
providing for living-out allowances. |
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