Victoria Falls Stock Exchange-listed gold producer, Caledonia Mining Corporation, proudly reported that its entire workforce consists of Zimbabwean nationals, with 92 per cent of its 2023 procurement being sourced from Zimbabwean-owned companies, according to the company’s latest Environmental, Social, and Governance (ESG) report.
By Rudairo Mapuranga
Caledonia’s commitment to local empowerment is evident in its substantial reliance on Zimbabwean suppliers, aligning with the company’s philosophy of reinvesting in the communities where it operates.
“As a responsible corporate citizen and gold miner, we understand that our role goes beyond merely extracting ore and producing gold. We are dedicated to driving the transformation of Zimbabwe’s national mineral wealth to foster entrepreneurship and sustainable socio-economic upliftment within the local community and the broader Zimbabwean economy. To achieve this, we focus on building strong, trust-based relationships with our local and in-country stakeholders, localizing our workforce and supply chain, and making strategic community investments aimed at delivering skills development. In 2012, we donated 10% of our ownership in the Blanket Mine to a local community trust. These efforts help us secure and maintain our social license to operate,” Caledonia stated.
This localized approach extends to Caledonia’s employment practices, where the company takes pride in employing 100 per cent Zimbabwean staff. The company has further enhanced its commitment by compensating all employees in U.S. dollars and providing extensive safety training programs aimed at achieving zero harm within its operations.
“100% of employees at Blanket Mine are Zimbabwean. All employees are paid in U.S. dollars. All employees undergo safety training. We have also undertaken repairs to local roads,” the company added.
Caledonia’s focus on local procurement and employment not only strengthens its operations but also contributes significantly to the sustainable development of the Zimbabwean economy, demonstrating the company’s holistic approach to corporate responsibility.
