Interest-free loan helped start-up company keep the lights on

Phaphanyi Trading delivers coal from the Grootegeluk Coal Mine in Lephalale, Limpopo, to Eskom’s Matimba and Medupi coal-fired power stations.

“The money helped with buying the equipment we needed for carrying the coal. It has also helped us pay the salaries of employees in the company,” says Phaphanyi Director Moijang Mpherwane. To date, 3 500 residents of Lephalale and 88% of employees have been vaccinated at the walk-in clinic. The clinic is one of many ways the mining company is working alongside government to improve people’s lives. Exxaro demonstrated its commitment to South Africa and its people when, in 2018, it made a R20-billion investment pledge at the South Africa Investment Conference convened by President Cyril Ramaphosa. Of this, R17 billion has already been spent.

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