Komatsu helps disadvantaged South Africans

News Story
- 27 Feb 2014 ( #656 ) - Tokyo, Japan
2 min read
Forklift, construction and mining equipment manufacturer Komatsu will establish a trust to help disadvantaged South Africans.
Forklift, construction and mining equipment manufacturer Komatsu will establish a trust to help disadvantaged South Africans.
Komatsu Ltd will establish a trust in South Africa to provide human resource development programs for "historically disadvantaged" South Africans (HDSA) as defined in the country's Mining Charter.

The trust will be established in July 2014 under the name of the Komatsu Development Trust.

While the South African government, through legislative actions and various policies, is working to advance the economic status of black South Africans who suffered from discrimination during the Apartheid era, the mining industry is responding to the government's call to action by setting a goal of increasing the ownership interest of HDSAs in mining-related companies in South Africa.

According to Komatsu, industry efforts have been effective, as ownership by HDSAs within the mining industry have risen.

In South Africa, Komatsu owns Komatsu Southern Africa (Pty) Ltd (KSAf) jointly with Itochu Corporation, which holds a 20% share. KSAf is engaged in the sales and service of construction and mining equipment in South Africa and neighbouring countries.

KSAf will transfer all of its business to a newly established company, 25.04% of which will be owned by Komatsu Trust, with the remaining interests owned by KSAf.

Komatsu Trust will invest part of its dividend from the new company to provide human resource development programs for HDSAs - funding programs to train operators and mechanics working with construction and mining equipment, and continue to provide youth education programs that KSAf and one of its customers have provided since 2007.

Komatsu is also engaged in training instructors and mechanics in other countries in Africa to increase employment opportunities and support participation of the local population in the mining industry. Komatsu established Komatsu training centres in Dakar, Senegal in 2009 and in Nairobi, Kenya in 2010. In Angola, in alliance with Japan Mine Action Service (JMAS), a non-profit organisation, Komatsu has been involved in community development projects, donating demining equipment to demine and rehabilitate areas contaminated with landmines.
AFEG celebrates New Year in Malaysia
AFEG celebrates New Year in Malaysia 13 Feb 2020 - Kuala Lumpur, Malaysia - 1 min read
FLTA, BITA play a round
FLTA, BITA play a round 4 Jul 2019 - Warwickshire, United Kingdom - 1 min read
Forklift entrepreneurs tee off in Malaysia
Forklift entrepreneurs tee off in Malaysia 6 Oct 2016 - Kuala Lumpur, Malaysia - 1 min read
Previously about:
Briefs News Story - 30 Oct 2014 - 2 min read
Komatsu opens parts centre at Oyama plant News Story - 28 Aug 2014 - Tokyo, Japan - 1 min read
Briefs News Story - 23 Jan 2014 - 2 min read
Do you have materials handling news? Submit your news here
Your Focus

PREMIUM business

Hawker Powersource, Inc.
HAWKER® offers a range of hybrid motive power solutions customized to adapt as your operation's needs change.

As the material handling industry moves toward electrification, Volvo Penta’s electromobility platform offers purpose-built electric drivelines and energy storage subsystems tailored to the practical needs of industrial applications. Developed by the Volvo Group, this platform builds on proven technology already in use across heavy-duty applications such as trucks and construction equipment.

Visit us at TOC Europe - Booth C24.

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager - Resonac Asia Pacific Pte Ltd.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Whether you have low or high volumes of container movements, we have a container handling solution that will suit your business. With high quality, superior design, and a range of safety features, our light-weight straddle carriers are used across a variety of industries including logistics and transport, glass, steel, food, customs and border protection, and import and export.

Mobicon Systems
Tel: +61 0) 7 3448 0010 or 1300 66 1976 (within Australia)
www.mobiconsystems.com

Inside The News
As a journalist focussed on the materials handling sector, it is difficult not to notice the regularity of news stories that detail injuries to – or worse still the deaths of – forklift operators... Continue reading

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

Flexi® By Narrow Aisle Limited
Leading manufacturers of very narrow aisle (VNA) equipment.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

Whether you have low or high volumes of container movements, we have a container handling solution that will suit your business. With high quality, superior design, and a range of safety features, our light-weight straddle carriers are used across a variety of industries including logistics and transport, glass, steel, food, customs and border protection, and import and export.

Mobicon Systems
Tel: +61 0) 7 3448 0010 or 1300 66 1976 (within Australia)
www.mobiconsystems.com