The South African Black Mining Association NPC (The SABMA) is a voluntary organisation formed by a group of black entrepreneurs in mining, including suppliers and professionals in the mining industry, who are facing various challenges in the sector, with the sole intent to support, empower and advance the Black and Emerging Mining sector in South Africa. The mining industry serves as an important catalyst for economic growth, creator of foreign direct investment, foreign remittances and is a key job creator in Southern Africa. We believe there is a dire need for a united, passionate and specific voice to duly represent our members in the industry.
SABMA's main aim is to create local and global business opportunities and linkages for business development, networking, partnerships, investments and operational capacity for our members in mining. Whether they require a business and transaction advisory, mining license, technical support, human resource support, investors, suppliers or buyers, we have a strong database of mines, suppliers and investors to support their needs and more. SABMA has created a strong database that seeks to provide our members with capacity to deliver.
When you register as a member, you have the option to be listed as a supplier (so that large mining companies can procure from you), a professional ( to be sourced as an affirmative candidate ro strategic consultant) or miner ( to be accessed for investments, incentives, grants and mining partnerships) or as an investor to find investment opportunities in the mining sector in Southern Africa. This listing is accessible on the MEMBERS ONLY area in the SABMA website and on our Mobile Connect app. Our resource page, member listing and app are available only for registered members.
SABMA has a strong affiliation with The DTI, Department of Mineral Resources and Energy and other strategic departments of government and is always kept abreast with upcoming global trade missions and programmes by government. It is task our to arrange our member mining entrepreneurs to join these missions and pavilions to advance their businesses and be empowered. These trade missions are for registered SABMA members that seek to attend global events to meet potential business partners, investors and suppliers in order to advance their mines or businesses.
SABMA hosts a number of networking, topical and recognition events annually. They range from our conference, awards, breakfast meetings, roundtables and golf days to encourage regional and national networking. SABMA through the Department of Trade and Industry and the Department of Minerals and Resources facilitates to take a number of black entrepreneurs in mining to travel with government to various local and global conferences for networking, business opportunities and investments sourcing.
SABMA Academy is the training and development department which seeks to empower youth, women, black entrepreneurs and suppliers in the mining industry with various skills that help them become successful in the mining sector. The academy works with the SITAs, government agencies such as SEDA as well as enterprise development managers and corporate social responsibility departments of various mines to empower our members with skills development and traning
Mining operations and setting up of mines can be very expensive. We understand black history in SA and the disadvantages that it has brought to our people. SABMA through is fund partners is raising a R5 Billion Fund to finance our members through a network of third party investors and funds to assist black entrepreneurs in mining to acquire assets and other professional services that will assist to successfully mine or provide services to the mining industry. The Fund is sourced globally from various strategic parties.
The Youth Placement Service programme adopted by SABMA seeks to introduce the youth of South Africa in to the mining sector, by placing them as interns in mining organisations and small businesses so that they acquire experience and skills in the mining sector. This programme also empowers smme's with capacity by placing young people who are already paid by the programme thus reducing salary costs.
SABMA will be launching its business linkages app on the 31th August 2023 at the Government vs Business Golf Challenge at Blue Valley. The App will be a super app that connects black suppliers with all the mines in Southern Africa, as well as connect local and global investors to the mining industry in Southern Africa. It will ensure that deals are happening at the palm of their hands with strong mobile business facilitation systems.
SABMA understands that sometimes entrepreneurs in the mining sector face liquidity challenges, that is why it offers invoice discounting and purchase order financing to assist them to full-fill obligations. SABMA has strong partners that assist entrepreneurs with purchase order up to the value of R100 Million in financing. SABMA also assist entrepreneurs with asset based financing for quicker access to funds.
Most black entrepreneurs that enter the mining space find themselves with a permit or a mining opportunity without any mentorship or business coaching. They ended up making costly decisions theat can make them lose a lot of money. SABMA has a team of highly experienced mining professionals, contractors and entrepreneurs that have been mining for years. As a member of the association, you will benefit from that wealth of experience from these like-minded individuals.
SABMA understands that sometimes entrepreneurs in the mining sector face challenges with the means of production such as plant hire and acquisition, mining technical skills, and a support team on the ground. SABMA has partnered with number of plant manufacturers to make it easy for these entrepreneurs to acquire plant and reduce their leasing costs which are currently crippling their profitability.
Many entrepreneurs in mining are faced with challenges of their mines requiring serious investments, otherwise they will face closure and liquidation. SABMA has access to team of business turnaround specialists and rescue practitioners who can assist distressed mines. The team will assist in restructuring the business, find new investors or manage creditors and any other parties threatening closure of the mine. The team will re-engineer and restructure the business for success.
SABMA Mining News features topical information on mining, investments and exploration projects in Southern Africa and beyond, focusing on the entire mining value chain. This section provides in-depth coverage on the state of black miners, suppliers and transformation, as well as the most important mining and exploration projects in Africa. It is a vital source of information on technologies and developments in mining and processing equipment.
Company culture and lack of diversity beyond the entry level seem to be factors pushing women out of mining. As one senior woman noted: "It takes a lot of effort to be the 'diverse one' at the table." The women we surveyed commonly referred to "not being a member of the boys' club," which lowered their motivation and sense of...
The SAIC attracts delegates spread from South Africa and the rest of the globe. Last year, the 4th SAIC raised R367 billion in investment commitments, bringing the five-year investment target firmly into sight.
SABMA provides Purchase Order and Invoice Financing, as an ideal solution for when its members are running short of cash or urgently need funds to meet upcoming expenses like rent, payroll, or even getting started on your next project. SABMA Capital will grant you a business loan of up to 80% of the value of your invoice in less...
The SABMA Fund will be launched launched in June 2023 and with the intention of raising $240 million or R5 billion by end of 2023.
Mineral Resources and Energy Minister Gwede Mantashe speaks to Thabo of NewzRoom Africa, and they look at South Africa's mining and energy sector, as the country continues to see record-high fuel prices and loadshedding.
South Africa has some of the world's biggest reserves of platinum, gold, iron ore and coal. But mining now makes up less than 7% of its economic output, a steep fall from 20% in the 1970s. Mining is also intertwined with race relations in South Africa.
This high-level information-sharing breakfast meeting will be held on the 7th March 2024, during the African Energy Indaba Week powered by PetroSA. This breakfast provides an excellent networking for entrepreneurs in mining and energy to interact with senior officials in government and captains of business in mining. The objective of this breakfast is to unpack challenges currently faced by SMEs in mining and the role mining houses, OEMs, enterprise development practitioners and government can play in advancing enterprise development to effectively empower entrepreneurs in mining. This breakfast will have a panel of various stakeholders in ming that will share experiences and knowledge that can advance the mining sector.
The Mining Financing and Investment Summit will be hosted on 10 April 20204 at Allan Grey Convention Centre, supported by Allan Gray Orbit Foundation. The summit will bring together various stakeholders to unpack financing opportunities in the mining sector, from banks, local and international investors, OEM's, corporate finance specialists, business restructuring and legal advisors for mergers and acquisitions,governemnt and enterprise development financiers and practitioners. SABMA will host a one day summit to empower businesses in mining with skills and networks to finance their operations, plant, acquire technologies and human capital in order to participate successfully in the mining industry in Southern Africa.
You are invited to join this exclusive golf challenge where you will gain insight into the future of financing mining, equipment, construction and energy, and the role of the OEMs and big mining houses in development finance and enterprise development, as well as government efforts in supporting entrepreneurs in mining. This golf challenge will further be used to launch our Plant Acquisition Programme (PAP), which seeks to further assist entrepreneurs to acquire plant through a special programme. This challenge is designed to encourage our member entrepreneurs, investors and private sector organizations to interact with key stakeholders in the mining, equipment and financing sectors through a game of golf and networking dinner
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Mining Indaba continues to drive forward the economic and sustainable development for Africa and the mining sector. Join us from 5-8 February 2024 to celebrate how far the industry has come and discover what the future holds for Africa's mining industry. 2024, Mining Indaba will celebrate its 30th anniversary to honour how far the industry has come and discover what the future holds for Africa's mining.
Enlit Africa stands as Africa's end-to-end Power & Energy event , gathering a diverse array of key industry stakeholders to drive the just energy transition. This pivotal event cultivates innovation, fosters trust, and forges connections while addressing pressing industry challenges like energy access , sustainability and more.
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