In In August 2023, Zamlim Investments entered into a partnership with the South African Chamber of Commerce (SACCI). The purpose of this partnership is to develop an economic development unit that will be incorporated into SACCI.
SACCI is a nonprofit (NPC), but is at the forefront of engagement with large companies. It is an inevitable evolution of offering to businesses to businesses, commercial funders, development finance agencies (DFIs), and OEMs to be in position to participate in employment, contribute to the growing green economy, increase skill transfer, and develop a pipeline of bankable opportunities that can create community improvements in both regions of the developed country.
Zamlim is a management consulting company with an interest in traditional consulting functions such as strategy, operations, implementation and investment promotion. Zamlim also has a fully renewable energy commercial and industrial (C&I) feature called Zamlim Power. Zamlim Power offers industrial clients a variety of solar solutions that incorporate fundraising solutions.
The newly established economic development division managed by Zamlim has already produced some victories. The 12-month E-Mic Romobility pilot was released at Gauteng alongside one of the Big Four Banks.
The pilot's objective is to reduce last-mile delivery CO² emissions by more than 300 metric tons a year, employ hundreds of individuals in Alexandra Township with the right skills to enter the rapidly expanding e-commerce market and develop a renewable energy ecosystem that includes 1.7mW of green energy.
The final details are placed in place of an arrangement with DFI and another Big 4 bank for a C&I renewable power solution. The product is known as “Power for You” and will only be offered nationwide to 20,000 members of Sacci. The aim is to provide PPA and Own options that eliminate the need for SACCI members to deploy rare CAPEXs, while reducing business dependence on grid power.
The Economic Development Force has an active role in attracting senior stakeholders at the BRICS summit in Johannesburg and has influential ties with the Indian Union of Industrialists (CII) and the Department of Strategic Initiatives (Russia). Additionally, the European Union's involvement with the European Investment Bank is positioned as a multi-polar multilateral player capable of bringing opportunities, FDI and outbound investment opportunities for South African companies.
These relationships are being developed to expand Botswana and Zimbabwe into the SADC region, the first pilot area of ​​cooperation.
Zamlim Investments is led by CEO Dzingira Matenga. Dzingira Matenga leads business units such as McKinsey & Co and Ernst & Young, and sits at Expo, a Kazakhstan-based mining company, with Africa interests of Copper, Cobalt, Baukisite and Platinum. The Zamlim team includes economists, actuaries, engineers and customer value proposition experts who are passionate about the growth of the SADC economy, giving young people the opportunity to fight to participate meaningfully in our economy, bringing the right level of rigor to attract local and foreign investors, partners and OEMs and encouraging participation in growth.
The pilot is part of the decomposition of the upstream and downstream opportunities in South Africa…
…and meets some UNDP and NDP objectives.
