London, England — MININGREVIEW.COM — 04 March 2010 – Global mining and natural resources leader Anglo American plc – one of the world’s largest mining companies – has reaffirmed its commitment to investment in South Africa.
Speaking after a meeting here to update visiting President Jacob Zuma on the group’s strategy and plans, Anglo American chief executive Cynthia Carroll said: “I emphasised Anglo American’s continued commitment to investment, transformation and job creation in South Africa, and to working closely and constructively with government.”
Carroll highlighted Anglo American’s groundbreaking development in January, when it announced that it was the first mining company to have a project accepted to the Business Call to Action – a global initiative challenging companies to apply their expertise, technology and innovation to tackle poverty, promote growth in developing countries and contribute to the attainment of the Millennium Development Goals.
The Anglo American project “’ which is a spin-off from its Anglo Zimele initiative “’ will establish 12 enterprise development hubs in high-unemployment areas in South Africa. The venture is expected to create 25 000 new jobs in up to 1 500 new businesses across the country over the next seven years.