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Local Business Development and Local Employment, Reports

Local Business Development & Local Employment

Trident Foundation Limited (TFL), through its Local Business Development section, supports business initiatives that drive sustainability in the livelihoods of the local community within which the Mine operates. To do this, a three-pronged strategy of (i) Stimulation, (ii) Enhancement and (iii) Sustenance is used. Stimulation activities include motivational talks, business exchange and exposure visits, focus groups and entrepreneurship training on how to generate business ideas. Enhancement activities include access to returnable grants (interest-free loans) for bankable business ventures, capacity-building programmes, facilitation of market linkage and product development. Sustenance activities aim at grooming entrepreneurs who have established their businesses and are at a level where consistency and business resilience are required. These initiatives include up-skilling, Business-to-Business (B2B) and Business-to-Government (B2G) linkages, business mentorship and coaching to enhance sustainability of the businesses.

Our programmes are conducted in collaboration with key stakeholders such as the Government, NGOs and private entities whose mandates align with the local economic development framework of developing small-scale entrepreneurs. The entrepreneurial trainings conducted annually are affiliated with the International Labor Organization (ILO) and are categorized into three (3) training modules- Generate Your Business Idea (GYBI), Start Your Business (SYB) and Improve Your Business (IYB).

Market Linkage

Over 150 local farmers benefit from market linkages through our Ndimi Vegetable Aggregation Program which provides a platform for supply of various vegetables and fruits to the mine’s canteen, contractors and township. In 2022, the beneficiaries received around ZMW2Million from the supply of local produce.

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Local Business Development & Local Employment

Supporting business initiatives that drive sustainability in the livelihoods of the local community

Trident Foundation Limited (TFL) through its Local Business Development section supports business initiatives that drive sustainability in the livelihoods of the local community within which the Mine operates. To do this, a three-pronged strategy of (i) Stimulation,(ii) Enhancement and (iii) Sustenance is used. Stimulation activities include motivational talks, business exchange visits, focus groups and entrepreneurship training on how to generate business ideas. Enhancement activities include access to returnable grants (interest-free loans) for bankable business ventures, capacity-building programmes, facilitation of market linkage and product development. Sustenance activities aim at grooming entrepreneurs who have established their businesses and are at a level where consistency and business resilience are required. These initiatives include up-skilling, Business-to-Business (B2B) and Business-to-Government (B2G) linkages, business mentorship and coaching to enhance sustainability of the businesses.

Performance & Market Linkages

Over 150 local farmers benefit from market linkages through our Ndimi Vegetable Aggregation Program which provides a platform for supply of various vegetables and fruits to the mine’s canteen, contractors and township.

In 2022, the beneficiaries received in excess of ZMW2Million from the supply of local produce.

0

Local Businesses
Supported

0 %

Local labour employed
on Minesite (NW Province)

1 +

Returnable Grants Issued(ZMW)

0 +

Desks distributed in catchment schools

Highlights

  • Facilitated and conducted 17 business trainings for local businesses within our catchment area as part of our capacity building programme.
  • Facilitated a financial literacy training in Village Banking for 27 local groups bringing the total of trained and supported village banks in the community to 60.
  • Facilitated skills development training for 30 locals in carpentry and construction management.
  • Collaborated with Zambia Development Agency (ZDA) to host the first ever Business-to-Business clinic in Kalumbila. Over 87 local businesses attended this event.
  • Facilitated a one-year internship programme for 20 local graduates that were attached to TRI mining departments. 11 candidates have since been permanently employed.