Wescoal hands over eight houses to families in Klarinet
The ceremony highlights an initiative by Wescoal to relocate the families living in a blasting radius at its Khanyisa Colliery where their residential structures were in a very poor condition to Klarinet, a new housing development area.
Eight families officially became proud owners of newly-built modern homes in Klarinet, eMalahleni Local Municipality when they received their title deeds from the Executive Mayor, Cllr Linah Malatjie and Wescoal Group Chief Executive, Reginald Demana on Monday.
The ceremony highlights an initiative by Wescoal to relocate the families living in a blasting radius at its Khanyisa Colliery where their residential structures were in a very poor condition to Klarinet, a new housing development area. Once the affected community members had agreed to the relocation, Wescoal Mining arranged and paid the housing developers at Klarinet to provide eight homes at just under R500 000 each.
In addition, Wescoal financed their relocation costs for family’s furniture and goods and provided each family with R800 a month towards rates, taxes and electricity for the first year. The initiative is part of the practical steps by the company to implement its vision as a material contributor to uplifting its employees and communities.
The eight beneficiaries are Lindiwe Elizabeth Seleme, Godfrey Seleme, Dudu Mbonani, Dipuo Minah Bembe, Dumisane Amos Nlogwane, Vanroy Seleme, Natalia Fabiago Zefanias and Pauline Ncazane Seleme. The relocation project is part of the sustainability pillar of ensuring regulatory and social licenses to operate in communities and share the tangible benefits of mining.
“Wescoal’s aim is to be a long-term leading provider of reliable energy source. Strategic focus is currently on stability, sustainability and scalability. Our key strategic objective is to stabilise our operations, then optimise our performance and scale-up through primarily organic opportunities. We intend to reach this objective by prudently managing costs and operational efficiencies to maximise returns from our current operations and grow the business by exploiting the resources within our portfolio of assets with a disciplined approach,” says CEO Reginald Demana.
Wescoal Holdings Limited mines, processes, supplies, sells and distributes coal. It is listed on the main board of the Johannesburg Stock Exchange.
