JOHANNESBURG (miningweekly.com) – South African miner Anglo American Platinum (Amplats) will spend R1.4-billion on building 20 000 new houses for its employees in the North West and Limpopo provinces.
The miner plans to build 12 000 houses in the North West and 8 000 in Limpopo as part of the ‘Each-One-Settle-One’ campaign launched by Human Settlements Minister Tokyo Sexwale in September, and would assist employees who find it difficult to access houses.
The campaign is aimed at JSE-listed companies to help government address the housing backlog estimated at more than 2.3-million houses.
Amplats launched the first 310 houses in Northam, in Limpopo this week.
CEO Neville Nicolau said the company did not want its workers to live in isolation at the mines, but to be fully integrated in the communities where Amplats operates.
“Amplats’ housing business model is based on the premise that employees shall own houses and reduce their dependency on company-provided accommodation, both on-mine and off-mine. The main reason for this approach is to encourage and promote homeownership among our employees at all levels,” Nicolau said.
“This is what we had in mind when we thought of the concept of Each-One-Settle-One; that we need each other – corporates and government – and that it is through these partnerships that we can succeed as a country,” Sexwale said.
He added that this kind of investment was good for both employers and employees, as companies could no longer afford to earn “huge turnovers” when their workers went home to slums after work.
Amplats also previously helped the Thabazimbi local municipality by providing basic infrastructure such as roads and sanitation.