To be a leading partner in developing prosperity and sustainability in our identified beneficiary communities.
We will achieve our vision by creating empowered beneficiary communities that will thrive beyond the lifespan of the mine through prudent investment of the Trust’s income and keen focus on our key chosen focus areas.
To manage, invest and disburse funds to the benefit of the beneficiary communities in accordance with the guidelines as provided by the Board and prescribed by the Trust Deed.
DEFINING OURSELVES THROUGH OUR ACTIONS AND NOT OUR WORDS
The Sishen Iron Ore Company-Community Development Trust (SIOC-cdt) was established in 2006 by Kumba Iron Ore Limited to invest in the development of the communities in which the company operates. The Trust focuses primarily on beneficiary communities adjacent to the Sishen Iron Ore Company’s (SIOC) mining activities in the Northern Cape and Limpopo and has invested significantly in community development projects aimed at ensuring sustainability beyond mining operations.
SIOC-cdt has substantiated its stated intention of “defining ourselves through actions not our words” by investing over R1 billion in socio-economic and community development projects in its beneficiary communities.
Our primary goal is to be the leading implementing agent for community based projects as well as the leading partner to organisations that wish to enhance their project management and governance systems by tapping into the existing skills and competence of the SIOC-cdt management team.
Through the years, the projects implemented in the Northern Cape and Limpopo provinces have had positive impact beyond the beneficiary communities. The projects have also contributed towards social stability, economic growth, and job creation within the provincial and regional economies.