Business Times Magazine - May 2023

BUSINESS TIMES

OK TEDI MINING: enhancing social and environmental conditions in its area

SHOPRITE SOUTH AFRICA: a success story

GOLD FIELDS GHANA: implements revolutionary mining technology to boost efficiency

HYDROGEN ENERGY

Pushes to the forefront of the Green Revolution...

EDITOR’S FOREWORD

As the editor, I am thrilled to introduce you to our powerhouse magazine - the Business Times Magazine, which is a global corporate storytelling platform. We cover a wide array of topics such as Hydrogen Energy, Mining, Technology, Sustainability, Artificial Intelligence, Manufacturing and more - making it the perfect go-to resource for anyone who wants to stay ahead in the business world.

Our magazine has a global reach and serves as a reliable source of information for business leaders, entrepreneurs, and investors who are looking to stay informed about key trends, innovations and insights shaping the business world today. As a business publication with global appeal, we supply international coverage on the latest economic events and developments affecting businesses across the world.

At Business Times Magazine, we pride ourselves on delivering in-depth analysis and innovative insights on various industries. Whether it’s technology and innovation, environmental sustainability, or Artificial Intelligence, our editorial team works tirelessly to bring the latest news and trends to our readers.

One of our core strengths lies in our ability to deliver high-quality content that is both relevant and prompt. Our global perspective and experienced team of journalists keep our readers well-informed on the latest developments, ensuring they can make well-informed decisions in their businesses or investment decisions. Our magazine is also home to top voices in

the business world, who offer valuable insights and thought-provoking opinions on various business trends and topics. We feature exclusive interviews with top industry leaders, entrepreneurs, and innovators, providing readers with access to inside knowledge and journey.

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CONTRIBUTORS

MALVERN KANDEMWA

Director of Strategic Partnerships

HOWARD BARCLAY

Chief Project Director

EMILY SMITH

Senior Project Director

EDWARD KAYS

Project Director

JAMES HENNESSEY Project Director

SAMUEL JOHNSON Social Media Manager

MIKE ASHLEY Head of Finance & Accounts

ANN QUINN Head of Production

MICHELLE DUNCAN Editor in Chief

TOM JENKINS Graphic Design

HYDROGEN ENERGY PUSHES TO THE FOREFRONT OF THE GREEN REVOLUTION

WORLD’S BEST BANKS 2023: RANKING, TRENDS AND FUTURE PROJECTS

HEALTHCARE TECHNOLOGY NEWS

TOP 5 DIGITAL MANUFACTURING COMPANIES IN THE WORLD

OK TEDI MINING ENHANCING SOCIAL AND ENVIRONMENTAL CONDITIONS IN ITS AREA

GOLD FIELDS GHANA IMPLEMENTS REVOLUTIONARY MINING TECHNOLOGY TO BOOST EFFICIENCY

SHOPRITE SOUTH AFRICA: A SUCCESS STORY

FROM BARLEY TO BOTTLE: A BEHIND THE SCENES LOOK AT UGANDA BREWERIES’ BREWING PROCESS

HYDROGEN ENERGY PUSHES TO THE FOREFRONT OF THE GREEN REVOLUTION

Hydrogen energy, also known as hydrogen fuel, is a revolutionary development in the energy sector. It is a clean, renewable, and highly efficient form of energy that can be used in various applications. Its potential to transform a variety of industries cannot be overstated. Business Times Magazine looks at how hydrogen energy is transformative in aviation, automotive,

manufacturing, mining, and all other sectors of the global economy.

OVERVIEW OF HYDROGEN ENERGY

Hydrogen is an odorless, colorless, and highly flammable gas that is the most abundant element in the universe. It is also the simplest and lightest chemical element known to man,

making it highly versatile. Hydrogen energy is extracted by separating hydrogen atoms from other compounds or molecules like water, natural gas, or crude oil. This process is referred to as electrolysis or steam reforming.

Hydrogen energy has several advantages over traditional forms of energy. First, it is an extremely clean and renewable

source of energy. This means that it produces no greenhouse gases or pollutants, making it an ideal choice for environmentally conscious industries. Second, it is highly efficient, with up to 90% of its energy being converted into usable power. Finally, it is versatile and can be used in a wide range of applications, including fuel cells, power generation, and transportation.

HYDROGEN ENERGY IN AVIATION

Hydrogen energy is transforming the aviation industry in several ways. First, it is being used to power fuel cells, which have the potential to replace traditional fossil fuel-powered engines. Fuel cells are highly efficient and produce only water as a by-product, making them an environmentally friendly and sustainable alternative to traditional aviation fuels. Already,

several companies, including Airbus, Boeing, and ZeroAvia, are working on developing hydrogen-powered planes.

Second, hydrogen energy is also being used to power ground support equipment, including baggage tugs and fuel trucks. This reduces the carbon footprint of airports, which are significant contributors to greenhouse gas emissions. Several airports, including Linate Airport in Milan and Tokyo’s Na-

rita Airport, have already started using hydrogen energy to power their operations.

Finally, hydrogen energy is also being used to increase the range of electric planes. There are several examples of remote airports that are inaccessible by traditional fuel-powered planes. By using hydrogen fuel cells to power electric planes, these remote airports can be reached, opening new avenues for travel and transportation.

BY 2035

Airbus are investing heavily in hydrogen propulsion and fuel technology, and believe they will bring a commercial aircraft to market

HYDROGEN ENERGY IN AUTOMOTIVE

Hydrogen energy is also disrupting the automotive industry. Hydrogen fuel cell vehicles (FCVs) are an increasingly popular alternative to traditional fossil fuel-powered cars. FCVs are highly efficient, producing only water as a by-product, and have a longer range than traditional electric vehicles.

Several automakers, including Toyota, Hyundai, and Honda, have already released FCVs. Toyota has been a pi-

oneer in this space, releasing its first FCV, the Mirai, in 2014. The Mirai has a range of over 400 miles and can be refuelled in just a few minutes, making it a viable alternative to traditional gasoline vehicles.

The use of hydrogen energy in the automotive industry is also driving innovation in other industries. For example, hydrogen energy can be used to power heavy-duty vehicles, including buses and trucks. This has the potential to reduce the carbon footprint of the transportation sector significantly.

HYDROGEN ENERGY IN MINING

The mining industry is one of the most energy-intensive industries in the world, making it an ideal candidate for hydrogen energy. The use of hydrogen energy in mining has the potential to reduce the carbon footprint of the industry and supply a more sustainable source of energy.

Several companies, including Anglo American and BHP, are already using hydrogen energy in their mining operations. Anglo American’s Mogalakwena platinum mine in South Africa,

for example, has a hydrogen fuel cell system that powers its haul trucks, reducing the mine’s carbon emissions by 20%.

Hydrogen energy can also be used to power remote mines, which are often found in areas

without access to traditional power sources. By using hydrogen fuel cells to power mining operations, companies can reduce their reliance on diesel generators, which are often expensive to operate and highly polluting.

4THE HYDROGEN POTENTIAL.

The BMW iX5 Hydrogen combines fuel cell technology with a fifth-generation BMW eDrive. By converting hydrogen into electricity – the drive system delivers an electrical output of up to 125 kW/170 hp, with water vapour as the only emission. This drive power also enables it to maintain consistently high speeds over longer distances.

In coasting overrun and braking phases, it serves as a generator, feeding energy into a power battery. The energy stored in this power battery is also utilised for particularly sporty driving manoeuvres – delivering a system output of 275 kW/374 hp and guaranteeing the brand’s signature driving experience.

HYDROGEN ENERGY IN MANUFACTURING

Hydrogen energy is disrupting the manufacturing industry by supplying a clean and sustainable source of energy that can be used to power plants and factories. This reduces the reliance on traditional fossil fuel-powered energy sources, which are often heavily polluting.

Several companies, including BMW and Siemens, are using hydrogen energy to power their plants and factories. BMW’s Leipzig plant, for example, has a hydrogen fuel cell system that produces 700,000 kWh of electricity per year, reducing the plant’s carbon footprint by over 50%. Siemens has also developed a hydrogen fuel cell system that can be used to power factories and plants, supplying a clean and stable source of energy.

IN SUMMARY

Hydrogen energy is already disrupting several industries, including aviation, automotive, manufacturing, and mining. Its use in fuel cells is driving innovation and leading to the development of innovative technologies, while its use in heavy-duty vehicles and remote operations is reducing the carbon footprint of these industries.

As the world continues to move towards a more sustainable future, hydrogen energy is likely to play an increasingly significant role. Its disruptive nature and potential to transform industries make it an exciting development that is worth watching closely.

WORLD’S BEST BANKS 2023: RANKINGS, TRENDS & FUTURE PROJECTIONS

BANK RANKINGS

Bank rankings are a crucial benchmark for assessing the financial health and stability of banks. The rankings supply an objective analysis of the banks’ performance and their positions in the global banking industry. Bank rankings are usually based on several factors, such as assets, profitability, efficiency, and customer service.

Based on the 2023 rankings, several banks have appeared as the world’s best banks. The top banks are those that have proven consistent growth, financial stability, and exceptional customer service. The world’s top five banks in 2023 are...

JP Morgan Chase is the largest bank in the United States and one of the world’s leading banks. The bank’s assets exceed $3 trillion, and it has over 4,000 branches worldwide. JP Morgan Chase has consistently ranked among the top banks globally due to its superior customer service, innovative products, and aggressive expansion strategies.

HSBC is one of the world’s oldest banks and one of the most successful banks in the world. The bank’s assets exceed $2.6 trillion, and it has over 3,900 offices worldwide. HSBC has consistently ranked among the top banks globally due to its superior customer service, innovation, and risk management practices.

Industrial & Commercial Bank of China (ICBC) is the largest bank in China and the largest bank in the world in terms of assets. The bank has grown rapidly in recent years, with assets exceeding $4 trillion. ICBC has been hailed as one of the top banks in the world due to its efficiency, sound management practices, and innovation.

Bank of America is the second-largest bank in the United States and one of the world’s leading banks. The bank’s assets exceed $2.7 trillion, and it has over 4,300 branches worldwide. Bank of America has consistently ranked among the top banks globally due to its superior customer service, commitment to innovation, and sound management practices.

China Construction Bank Corporation (CCBC) is the second-largest bank in China and the fourth-largest bank in the world in terms of assets. The bank’s assets exceed $3 trillion, and it has over 13,000 branches worldwide. China Construction Bank has consistently ranked among the top banks globally due to its strength in retail banking and its strategic focus on digital transformation.

4. CCBC

5. BANK OF AMERICA

3. HSBC

2. ICBC

1. JP MORGAN CHASE

The banking industry is undergoing a significant digital transformation, and banks are investing heavily in digital technologies to enhance cus tomer experiences and improve efficiency.

Open banking has appeared as a significant trend in the banking industry, allowing custom ers to share their financial data with third-party providers to access better products and services.

SUSTAINABILITY

Banks are increasingly focusing on sus tainability as a critical business aim, inte grating environmental, social, and gov ernance (ESG) considerations into their business strategies.

REGULATORY COMPLIANCE

The banking industry is subject to increased regu latory scrutiny and compliance requirements, and banks are investing heavily in compliance man agement systems to meet these requirements.

BANK TRENDS + +

CONTINUED GROWTH

The global banking industry is expected to continue growing in the coming years, driven by technological innovation, expanding customer bases, and increased investment in emerging markets.

FOCUS ON SUSTAINABILITY

Banks are likely to place a greater emphasis on sustainability, integrating ESG considerations into their business strategies and focusing on customers’ sustainability needs.

DIGITAL TRANSFORMATION

The digital transformation of the banking industry is expected to accelerate, with banks investing heavily in digital technologies to enhance customer experiences, improve efficiency, and drive innovation.

REGULATORY COMPLIANCE

Regulatory compliance will continue to be a priority for banks, and banks will continue to invest in compliance management systems to meet regulatory requirements.

PREDICTIONS

BANKING SUMMARY

The world’s banking industry plays a critical role in driving economic growth and enhancing financial stability. The world’s best banks are those that have proved consistent growth, financial stability, and exceptional customer service. Based on the 2023 rankings, JP Morgan Chase, ICBC, HSBC, China Construction Bank, and Bank of America appeared as the world’s top banks. The banking industry is rapidly evolving, and several trends have appeared, including digital transformation, open banking, sustainability, and regulatory compliance. The future of the global banking industry is bright, with continued growth, a focus on sustainability, digital transformation, and regulatory compliance being the key projections. Investors, policymakers, and users of banking services can rely on rankings, trends, and future projections to make informed decisions about investment and banking services.

HEALTH CARE

THE HEALTHCARE INDUSTRY IS RAPIDLY EVOLVING AND EMBRACING MODERN TECHNOLOGIES TO IMPROVE PATIENT OUTCOMES, REDUCE COSTS, AND ENHANCE THE QUALITY OF CARE DELIVERED. AS WE NEAR 2023, SEVERAL KEY MEDICAL TECHNOLOGY TRENDS ARE EXPECTED TO HAVE A MAJOR IMPACT ON THE INDUSTRY, AND THESE TRENDS ARE LIKELY TO TRANSFORM THET WAY WE APPROACH HEALTHCARE DELIVERY IN MANY WAYS.

WEARABLE SENSORS & DEVICES

One of the most significant medical technology trends expected by 2023 is the rise of wearable sensors and devices. These sensors, such as fitness trackers and blood pressure monitors, can help patients support a healthy lifestyle and check their health in real-time. In the future, these sensors are expected to be integrated into smart clothing, supplying a constant stream of data to healthcare providers, which can be used to track adherence to treatment plans and show early signs of health issues.

TELE MEDICINE

Telemedicine is another significant trend expected to make an impact in healthcare by 2023. Telemedicine allows patients to receive medical care and treatment from anywhere in the world through virtual consultations with healthcare providers. These consultations can take place via video conferencing, email, or phone calls, making healthcare more accessible and convenient for patients, especially those living in rural areas. Telemedicine tools can also be used to check patients in real-time, ensuring that they are sticking to their treatment plans and making progress towards recovery or disease management.

ARTIFICIAL INTELLIGENCE

Artificial intelligence is expected to have a major impact on healthcare by 2023. From patient data analysis to drug development, AI is being used in a range of applications in the healthcare industry. For example, AI-powered medical software can analyse patient data, help find disease risks, and supply personalized recommendations for treatment and prevention. AI-enabled medical imaging can help physicians see into the body with more precision, enabling more correct diagnoses and treatment plans. AI can also aid in diagnosing and developing drugs, with machine learning algorithms predicting drug efficacy and finding potential adverse events.

AUGMENTED REALITY & VIRTUAL REALITY

Augmented reality (AR) and virtual reality (VR) are expected to revolutionize medical education and training by 2023. These technologies enable medical studeThe healthcare industry is rapidly evolving and embracing modern technologies to improve patient outcomes, reduce costs, and enhance the quality of care delivered. As we near 2023, several key medical technology trends are expected to have a major impact on the industry, and these trends are likely to transform the way we approach healthcare delivery in many ways.nts and healthcare professionals to practice procedures and surgeries in a virtual setting, enhancing their skills and preparing them for real-world scenarios. AR and VR technology can also be used to provide patients with a better understanding of their health conditions and treatments, improving compliance and outcomes.

ROBOTICS

As we approach 2023, the use of robotics in healthcare is expected to increase dramatically. Robots can now perform a range of tasks in the healthcare industry, from surgery to delivery of medication and supplies. Robotic surgery, for example, enables physicians to perform minimally invasive procedures with greater precision and accuracy. Robotic delivery of medication and supplies can ensure that patients receive medication on time, reducing the risk of medication errors.

BLOCKCHAIN

Blockchain technology is expected to have a significant impact on the healthcare industry by 2023. Blockchain supplies an immutable, secure, and transparent platform for storing and sharing patient data, ensuring that patient data is up-to-date, correct, and tamper-proof. Blockchain can also be used to help secure and transparent transactions between healthcare providers and patients, ensuring that all parties have access to the same information and that payments are processed efficiently and safely.

NANO TECHNOLOGY

Nanotechnology is expected to revolutionize drug delivery by 2023. Nanoparticle-based drug delivery can enable more targeted and precise delivery of drugs to specific cells or tissues, minimizing side effects and improving outcomes. Nanotechnology can also be used to develop smarter diagnostic tools, enabling physicians to detect diseases much earlier and with greater precision.

3D PRINTING

3D printing is fast becoming an essential tool in healthcare. By 2023, it is expected that 3D printing will transform the manufacture of medical equipment and prosthetics, enabling medical professionals to print customized prosthetics and implants that are tailored to individual patients’ specific needs.

The healthcare industry is set to undergo significant transformation in the coming years through these key medical technology trends. The adoption of wearable sensors and devices, telemedicine, AI, augmented reality and virtual reality, mobile health apps, robotics, blockchain, nanotechnology, and 3D printing will help deliver care that is more personalized, efficient, and convenient for patients while ensuring that healthcare providers can deliver cost-effective and high-quality services. Healthcare professionals must keep up to date with these technological innovations to stay at the forefront of the industry and supply best care to their patients.

THE TOP 5 DIGITAL MANUFACTURING COMPANIES IN THE WORLD

GET THE OVERVIEW ON THE TOP 5 FIRMS CURRENTLY SHAKING UP THE DIGITAL MANUFACTURING SPACE

Digital manufacturing is the application of computer systems to manufacturing services, supply chains, products, and processes. It aims to create an integrated approach to manufacturing, from design to production and on to the servicing of the final products. By modelling and simulating processes, it can improve the quality of manufacturing decision making, while reducing costs, time to market, and environmental impact.

Digital manufacturing is not a new concept, but it has gained momentum in recent years thanks to the advances in data and analytics, artificial intelligence, machine learning, internet of things, robotics, automation, additive manufacturing, and augmented reality. These technologies are enabling manufacturers to innovate faster, optimize their operations, enhance their products, and deliver better customer experiences.

But which companies are leading the way in digital manufacturing? Which ones are transforming their industries and creating value for their stakeholders? Based on market size and revenue data here are the top 5 digital manufacturing companies in the world.

13D SYSTEMS

3D Systems is one of the pioneers and leaders in additive manufacturing or 3D printing. The company offers a comprehensive portfolio of 3D printers, materials, software, and services for various industries such as aerospace, automotive, healthcare, dental, consumer goods and education. 3D Systems enables its customers to create complex and customised parts and products with high precision and quality.

3D Systems’ digital manufacturing capabilities have helped it achieve robust growth and profitability. In 2020, 3D Systems reported a revenue of $557 million and a net income of $17 million. It also ranked 10th on Fast Company’s list of the most innovative manufacturing companies of 2022.

PROTOLABS

Protolabs is another leader in digital manufacturing that supplies rapid prototyping and on-demand production services. The company uses advanced technologies such as 3D printing, CNC machining, sheet metal fabrication and injection molding to manufacture custom parts and products for various industries such as medical devices, robotics, aerospace and consumer electronics. Protolabs also offers online platforms that allow customers to upload their designs, get instant quotes and order their parts within days.

Protolabs’ digital manufacturing capabilities have enabled it to serve over 45,000 customers worldwide and deliver over 20 million parts per year. In 2020, Protolabs reported a revenue of $434 million and a net income of $44 million. It also ranked 9th on Fast Company’s list of the most innovative manufacturing companies of 2022.

3MATERIALISE NV

Materialise NV is a global provider of software solutions and 3D printing services for various industries such as healthcare, automotive, aerospace and consumer goods. The company offers software platforms that enable customers to design, optimize and print their parts and products using additive manufacturing technologies. Materialise NV also uses one of the largest 3D printing facilities in the world that can produce complex and high-quality parts using a variety of materials.

Materialise NV’s digital manufacturing capabilities have helped it create value for its customers and stakeholders. In 2020, Materialise NV reported a revenue of $218 million and a net income of $4 million. It also ranked 8th on Fast Company’s list of the most innovative manufacturing companies of 2022.

STRATASYS LTD

Stratasys Ltd is another pioneer and leader in additive manufacturing or 3D printing. The company offers a wide range of 3D printers, materials, software and services for various industries such as aerospace, automotive, healthcare, education and consumer products. Stratasys Ltd enables its customers to create functional prototypes and end-use parts with high performance and quality.

Stratasys Ltd’s digital manufacturing capabilities have helped it achieve a competitive edge and customer loyalty. In 2020, Stratasys Ltd reported a revenue of $520 million and a net loss of $149 million. It also ranked 7th on Fast Company’s list of the most innovative manufacturing companies of 2022. 4

5EXONE

ExOne is a leading provider of metal and sand 3D printing solutions for industrial applications. The company offers 3D printers, materials, software and services that use binder jetting technology to produce metal and sand parts and products with high speed and accuracy. ExOne serves various industries such as aerospace, automotive, energy, defence and construction.

ExOne’s digital manufacturing capabilities have enabled it to deliver innovative solutions and value to its customers. In 2020, ExOne reported a revenue of $52 million and a net loss of $18 million. It also ranked 6th on Fast Company’s list of the most innovative manufacturing companies of 2022.

Digital manufacturing refers to the use of advanced digital technologies to control and optimize manufacturing processes. It encompasses a wide range of technologies, such as automation, artificial intelligence, virtual reality, and the Internet of Things (IoT), to improve manufacturing efficiency, reduce costs, and enhance product quality.

One of the most significant advantages of digital manufacturing is its ability to make production processes more efficient. Digital technologies can check and analyse production processes in real-time, showing bottlenecks, and inefficiencies in the manufacturing process. This enables manufacturers to promptly tune their operations, reducing downtime, and increasing efficiency. Moreover, technology can streamline quality control procedures, ensuring consistent product quality throughout production.

Another significant benefit of digital manufacturing is the increased customization and flexibility it offers. Digital manufacturing technologies can support the manufacturing of highly customized, small-batch products, which is becoming a critical requirement for some industries. This flexibility is because digital technologies allow rapid reconfiguration of the production line, making it possible to respond quickly to changing customer needs and market trends.

Digital manufacturing also helps manufacturers become more sustainable in their operations. Digitally controlled manufacturing processes enable the measurement, monitoring, and optimization of energy consumption, waste generation, and environmental impact.

This leads to both cost savings and reduces ecological footprint. Digital technologies can, for instance, optimize energy use in equipment and buildings as well as enable the reuse and recycling of materials, thus reducing waste.

The adoption of digital manufacturing has significant implications for the future of the workforce. As digital technologies automate tasks that were formerly performed by humans, the industry’s labour force must adapt to new roles and skill sets. The workforce will need to be IT-savvy and proficient in interpreting data, programming, and managing digital technologies alongside mechanical skills. The good news is that digital tools do not replace human labour but rather augment them, freeing employees from routine tasks and allowing them to focus on more strategic, higher-order tasks.

Digital manufacturing technologies have fundamentally changed the manufacturing industry, bringing about greater efficiency, flexibility, sustainability, and better-quality control processes. As manufacturers continue to use digital technologies, they will reap many benefits down the line, including cost savings, increased competitiveness, and improved customer satisfaction. Manufacturers must embrace digital transformation and stay up to date with the latest advances in technology if they are to remain competitive in an increasingly digital world.

OK TEDI MINING

TEDI MINING

ENHANCING SOCIAL AND ENVIRONMENTAL CONDITIONS IN ITS OPERATIONAL AREA

Project by: Malvern Kandemwa

Words by: Michelle Duncan

The Ok Tedi Mine in Papua New Guinea (PNG) has been one of the largest and most successful mining operations in the country. The mine has been in operation for over three decades and has been a significant contributor to PNG’s economy. The Mine is located in the Star Mountains of the Western Province of PNG and is an essential source of jobs and income for the local communities surrounding the mine.

Over the years, Ok Tedi has made significant achievements in the

mining industry, particularly in its mining operations, technology, sustainability, strategic partnerships, and its new leadership. These achievements have set a benchmark for the industry and have placed the Ok Tedi Mine in a position of leadership within the mining sector.

NEW LEADERSHIP:

The Ok Tedi Mine has recently undergone a change in leadership, with the appointment of a new CEO and Managing Director,

Kedi llimbit. Kedi has a wealth of experience in the mining sector and has been instrumental in driving the mine’s sustainability and modernization agenda. Under Kedi’s leadership, the mine has continued to invest in modernizing its equipment and adopting advanced mining technologies.

Additionally, Kedi has placed a strong emphasis on social responsibility and community engagement, which has helped to build trust with the local communities.

OK TEDI MINING AT A GLANCE

100%

PNG OWNED

7.4%

AVG. GDP CONTRIBUTION TO PNG ECONOMY

65BN

TOTAL CONTRIBUTED TO THE PNG ECONOMY (IN KINA)

ABOUT

For over 30 years, Ok Tedi mining LImited has contributed to the papua new guinea economy through mining copper, gold and silver at Mt. Fubilan in the Western province.

Our success is measured by safety performance, financial performance, social development programs and the management and mitigation of environmental impacts.

a 100% PNG owned company, ok tedi mining limited operates the longest running open-pit copper, gold and silver mine in papua new guinea.

Kedi Ilimbit, the newly appointed CEO and Managing Director of Ok Tedi Mining.

MINING OPERATIONS:

The Ok Tedi Mine has been successful in developing a sophisticated mining operation that has set industry standards. The mine’s exploration team has been at the forefront of the mining sector in PNG, making significant findings that have led to the discovery of new ore bodies. The mining operations at the mine are characterized by elevated levels of efficiency and productivity, which have been the result of continuous investment in modern equipment and the adoption of modern mining methods. The mine has also been successful in controlling costs while ensuring high levels of productivity, which has resulted in high profitability and a strong financial position.

TECHNOLOGY:

The Ok Tedi Mine has been a leader in the adoption of modern mining technologies, which has helped to enhance the efficiency and productivity of the mine’s operations. The mine’s use of technology has enabled it to operate more effectively and efficiently while minimizing its environmental footprint. The mine has incorporated advanced technologies into its operations, such as remote sensing, geospatial technologies, and computer aided design to optimize the mining process. The mine has also incorporated the use of drones in its operations, which has improved the accuracy and speed of its surveying and exploration activities.

“THE MINING OPERATIONS AT THE MINE ARE CHARACTERIZED BY ELEVATED LEVELS OF EFFICIENCY AND PRODUCTIVITY, WHICH HAVE BEEN THE RESULT OF CONTINUOUS INVESTMENT IN MODERN EQUIPMENT AND THE ADOPTION OF MODERN MINING METHODS.”

SUSTAINABILITY:

The Ok Tedi Mine has demonstrated a strong commitment to sustainability, which has been reflected in its adoption of sustainable mining practices. The mine has adopted a holistic approach to sustainability, which encompasses environmental, social, and economic components. The mine’s sustainability strategy has focused on minimizing the environmental impact of its operations, promoting social development, and ensuring economic growth. The mine has implemented measures to reduce its greenhouse gas emissions, minimize waste generation, and

manage water resources sustainably. Additionally, the mine has implemented programs to promote economic development in the local communities, including support for small businesses, education, and healthcare.

STRATEGIC PARTNERSHIPS:

The Ok Tedi Mine has forged strategic partnerships with various stakeholders, including the local communities, government, and industry associations. The mine has set up strong relationships with the local communities surrounding the mine, providing employment opportunities and

supporting local development initiatives. The mine has also engaged with the government of PNG to promote the development of the mining industry and is a member of the PNG Chamber of Mines and Petroleum, which promotes industry development and best practice.

“THE MINE HAS ADOPTED A HOLISTIC APPROACH TO SUSTAINABILITY, WHICH ENCOMPASSES ENVIRONMENTAL, SOCIAL AND ECONOMIC COMPONENTS.”

SOCIAL RESPONSIBILITY:

In terms of social responsibility, OK Tedi Mine has developed a range of community development programs to support the local communities. These programs include education and training, healthcare, infrastructure development, and support for small businesses. The mine has also set up a social investment fund, which aims to support long-term sustainable development in the region. Additionally, the mine has implemented a range of initiatives to promote gender equality and support cultural preservation.

The vision for the future of OK Tedi Mine is to continue to operate and run sustainably while making a positive impact on the local communities and the environment. To achieve this goal, the mine has set several targets, including reducing greenhouse gas

emissions, improving water management practices, and increasing the use of renewable energy sources. Measures such as rehabilitation of disturbed areas and erosion management plans have been implemented to restore the natural landscape. Additionally, the mine has implemented a biodiversity management plan to preserve the unique flora and fauna of the region. Through these

initiatives, the mine hopes to become a leader in sustainable mining practices and set an example for other mining companies.

The mine has also set up partnerships with local businesses and communities to promote economic growth and sustainability. In addition to its social responsibility initiatives, OK Tedi has also made significant strides in im-

“THE MINE HAS IMPLEMENTED A RANGE OF INITIATIVES TO PROMOTE GENDER EQUALITY AND SUPPORT CULTURAL PRESERVATION.”

proving its environmental strategies. The mine has implemented a number of programs to reduce its environmental impact, including water management initiatives, reforestation efforts, and programs to reduce greenhouse gas emissions. OK Tedi has also worked with local organizations and communities to protect the natural environment and preserve local wildlife.

Looking to the future, OK Tedi is committed to continuing its efforts to improve its social responsibility and environmental practices. Its vision for the future includes plans to expand its partnerships with local businesses and organizations, as well as a focus on using sustainable practices to ensure the long-term viability of the mine.

OKTEDI.COM

GOLD FIELDS GHANA

FIELDS GHANA

GOLD FIELDS GHANA IMPLEMENTS REVOLUTIONARY MINING TECHNOLOGY TO BOOST EFFICIENCY

Project by:

Malvern Kandemwa

Words by: Michelle Duncan

Ghana is a country found in West Africa that is globally known for its gold production. The mining industry has played a critical role in the country’s economy for centuries, and Ghana Gold Fields is one of the leading gold mining companies in the region. The company has been running in Ghana since 1993, and it has employed over 5,000 people who are directly and indirectly involved in its operations. It has implemented various strategies that have contributed to its success. One of the driving forces behind this success has been the leadership of their regional head of supply chain, Mr Joshua Mortoti.

Mr Mortoti has been an instrumental figure at the company, implementing measures that have significantly contributed to the success of the company’s operations. His leadership qualities have been essential in easing the company’s supply chain and ensuring that the company has the resources it requires to run efficiently.

The supply chain management process of any company is crucial to its success, and Mr Mortoti has been able to streamline this process effectively. He has implemented efficient inventory management systems, reduced lead times and delivery durations, and improved the quality of the company’s supplies. With his leadership, Gold Fields Ghana has been able to keep its operational efficiency and remain competitive in the mining industry.

Mr Joshua Mortoti, Head of Regional Supply Chain, Gold Fields Ghana

One of the most significant challenges that mining companies face is environmental compliance. Gold Fields Ghana has consistently implemented environmental best practices to mitigate the impact of their mining activities. The company’s partnership with Knight Piesold Ghana limited has been crucial in this regard. Knight Piesold Gha-

na Limited is an engineering and environmental consulting company that supplies environmental services to various industries, including mining. The firm has been a valuable partner of Gold Fields Ghana, supplying innovative solutions to environmental challenges, and improving the company’s environmental performance.

Additionally, the partnership has enabled Gold Fields Ghana to follow local and international standards and regulations on environmental compliance. Knight Piesold Ghana limited has also provided the company with insights and knowledge about best practices in environmental management, thus helping the company to stay ahead of its peers.

ABOUT KNIGHT PIESOLD GHANA

Knight Piésold Ghana Limited was Incorporated in 1996 and since that time has provided specialist Engineering, Environmental, Geosciences and Materials Testing services to the Mining sector within Ghana and neighboring West Africa countries.

The Knight Piésold group, of which Knight Piésold Ghana is part, is an international company of consulting Engineers and Environmental scientists providing services to public and private sector clients in the Water, Power, Mining and Environmental fields.

We work closely with our clients, understanding unique project characteristics within the context of today’s global business environment. With a commitment to quality, safety and technical excellence, Knight Piésold specializes in creating customized solutions at every stage of a project life cycle, while delivering sustainable, bottom-

line results. We have led numerous award-winning projects to completion and have fostered many long-term client relationships that hold strong today.

OUR EXPERTISE

Engineering: Geotechnical Engineering; Water Resources Engineering; Structural Engineering

Environmental: Baseline Studies; Water Quality Studies; Environmental Management Plans and Monitoring; Environmental and Social Impact Studies; Closure and reclamation; Environmental Auditing; Water Quality Studies; Social Studies and Community Engagement

Geosciences: Hydrology, Hydrogeology; Geochemistry

Management and Testing: Construction Supervision and QA/QC; Soils and Materials Testing; Geographic Information System; Data Management; Project Management

MINING OPERATIONS

Ghana Gold Fields’ mining operations have played a vital role in the company’s success in the region over the years. The company has two mining projects in Ghana: The Tarkwa Mine and the Damang Mine. The Tarkwa Mine is one of the largest gold mines in Africa, and it has been in operation since 1997. The Damang Mine is in the Western Region of Ghana, and it has been in operation since 1998. The company aims to produce over 1 million ounces of gold each year, and it has invested heavily in modern mining techniques to achieve this goal.

TECHNOLOGY TRANSFORMATION

The Ghana Gold Fields Mining Company has invested heavily in advanced mining technol-

ogies to enhance productivity and efficiency, reduce costs, and improve safety for its employees. The company has implemented ultramodern mining equipment and instrumentation such as GPS, robotics, and automation, which has led to better tracking and management of mining activities. The company uses autonomous haul trucks, which can work 24/7 without the need for breaks or drivers. This technology has significantly reduced accidents and improved productivity in the mines. The company has also deployed drones and other remote sensing technologies, making it possible to find and address issues in real-time. This also helps with mapping and surveying the mines. The drones enable the company to check its operations in real-time and collect data that is used to better understand its overall operational excellence.

SUSTAINABILITY

Sustainability is a major part of Ghana Gold Fields Mining Company’s vision. The company has adopted sustainable practices to ensure responsible, ethical, and environmentally friendly mining operations. The company has implemented measures to minimize its carbon footprint and reduce greenhouse gas emissions. It has invested in renewable energy systems such as solar panels and wind turbines to reduce dependence on fossil fuels. The company also fosters good relationships with local communities by investing in their socio-economic development through education, healthcare, and other initiatives.

“Sustainability is a major part of Ghana Gold Fields Mining Company’s vision...”

SOCIAL RESPONSIBILITY

Gold Fields Ghana is also committed to creating value and improving the lives and communities of its stakeholders. As part of its corporate social responsibility (CSR) strategy, the company has implemented various initiatives and projects aimed at improving the social and economic well-being of the communities in which it works and operates.

One of the key areas of focus is their CSR strategy is community development. The company has set up a dedicated Community Development Department (CDD) tasked with implementing development projects in collaboration with community leaders and other stakeholders. The CDD uses a participatory approach to engage communities in the identification and prioritization of development needs, ensuring that projects are aligned with their needs and aspirations.

“THE COMPANY HAS IMPLEMENTED VARIOUS INITIATIVES AND PROJECTS AIMED AT IMPROVING THE SOCIAL AND ECONOMIC WELL-BEING OF THE COMMUNITIES IN WHICH IT OPERATES”

Another important aspect of the CSR strategy is environmental stewardship. The company has implemented a comprehensive environmental management system aimed at minimizing the impact of its operations on the environment. They have invested in various initiatives aimed at reducing its carbon footprint, including the use of renewable energy sources, such as solar and wind power.

Gold Fields is also committed to promoting responsible mining practices. The company has implemented measures aimed at improving occupational health and safety, such as the provision of personal protective equipment to all employees and regular training on health and safety issues. They also have a strong commitment to ethical conduct and have implemented various anti-corruption measures to ensure that

its operations are conducted in a transparent and ethical manner. In addition to the above, Gold Fields Ghana has implemented various initiatives aimed at improving the quality of life of its employees and their dependents. The company supplies a range of social services to its employees, including health and medical services, education and training opportunities, and other welfare services aimed at improving their well-being.

Overall, Gold Fields’s CSR strategy is aimed at creating a sustainable future for both its stakeholders and the wider Ghanaian society. Through its various initiatives and projects, the company is showing its commitment to ethical conduct, environmental stewardship, and community development, which are all critical to the longterm success of its operations. As such, this is setting the standard

for responsible mining practices in Ghana and beyond.

The success of Gold Fields Ghana operations is attributed to several factors, including the leadership of Mr Joshua Mortoti and strategic partnerships like Knight Piesold Ghana limited. The company’s supply chain management process has been streamlined, and environmental compliance has been prioritized, contributing to the sustainability of the company’s operations. As the mining industry in Ghana continues to grow, Gold Fields Ghana will undoubtedly continue to be a significant contributor to the development of the country’s economy.

SHOPRITE SOUTH AFRICA

SHOPRITE SOUTH AFRICA

SHOPRITE SOUTH AFRICA

A SUCCESS STORY

SHOPRITE IS A HOUSEHOLD NAME IN SOUTH AFRICA, ONE THAT HAS BEEN SYNONYMOUS WITH CONVENIENCE AND VALUE FOR OVER 40 YEARS. THE RETAIL COMPANY HAS ALWAYS PRIDED ITSELF ON PROVIDING SHOPPERS WITH THE LOWEST POSSIBLE PRICES ON GROCERIES, FRESH PRODUCE, AND HOUSEHOLD ITEMS. BUT IT’S NOT JUST ABOUT LOW PRICES. SHOPRITE HAS BUILT ITS SUCCESS ON AN UNWAVERING COMMITMENT TO CUSTOMER SERVICE, QUALITY, AND INNOVATION. UNDER THE LEADERSHIP OF ITS CEO, PIETER ENGELBRECHT, SHOPRITE HAS UNDERGONE A SIGNIFICANT TECHNOLOGY TRANSFORMATION, COMMITTED TO SUSTAINABILITY, AND MADE STRIDES IN RENEWABLE ENERGY DEVELOPMENT WITHIN THEIR OPERATIONS.

Project by: Malvern Kandemwa

Words by: Michelle Duncan

THE LEADERSHIP OF SHOPRITE’S CEO

Pieter Engelbrecht has been at the helm of Shoprite since 2017. Prior to his appointment as CEO, he held various leadership positions within the company, including that of Chief Operating Officer. Engelbrecht’s leadership

style is characterized by his extensive knowledge of the retail industry, his focus on fiscal discipline, and his commitment to customer satisfaction.

Under his leadership, the company has continued to grow rapidly. Shoprite has seen a significant increase in sales over the last few

years, thanks to Engelbrecht’s vision and strategic leadership. Engelbrecht values the training and development of his employees, empowering them to take ownership of their roles and contribute meaningfully to the company’s growth. Engelbrecht has also used technology to drive innovation, leveraging the power of data analytics to understand customer behavior and make informed business decisions.

He is committed to driving social change through his leadership role, and this is evident in the various initiatives that the company has implemented under his leadership. His leadership style, which is focused on collaboration, has helped to foster a culture of innovation and excellence in the company, which has propelled Shoprite to remain a significant force in the African retail industry.

One of the ways in which Engelbrecht has shown his commitment to Shoprite’s growth is by forging strategic partnerships with various companies, including Mix Telematics.

PARTNERSHIPS WITH COMPANIES LIKE MIX TELEMATICS

Shoprite has a longstanding partnership with Mix Telematics, a global solutions provider of fleet management technologies. Mix Telematics provides Shoprite with a comprehensive solution that includes fuel management, driver safety, and compliance, among others. The partnership has been instrumental in driving significant improvements in Shoprite’s logis-

tics planning and supply chain operations, resulting in significant cost savings, improved safety for drivers, and increased efficiencies.

With Mix Telematics’ platform, Shoprite can monitor, check and track its vehicles and drivers in real-time, ensuring maximum productivity, fuel efficiency, and safety. The solution also allows the company to monitorwatch driver behavior, enabling it to identify and address any safety concerns proactively.

Mix Telematics is a leading global provider of connected fleet and mobile asset management solutions delivered as software-as-aservice (saas) to global subscribers spanning more than 120 countries. Founded in south africa 25 years ago, the company has offices in the united kingdom, the united states, uganda, brazil, mexico, australia, and the united arab emirates. It also has a network of over 130 fleet partners worldwide. Mix solutions embrace an integrated approach to telematics, delivering actionable intelligence to solve complex vehicle- and driver-related problems. The company, recognised as a top global leader in connected fleet telematics, is renowned for its innovative telematics technology and services for the passenger and commercial vehicle markets.

As a trusted a technology partner to the shoprite group, mix provides an integrated fleet solution built around a web-based software platform and mobile applications, supported by in-vehicle hardware and peripheral accessories.

The essential and premium versions of the mix fleet manager solution, in addition to the mix talk handsfree in-cab communication units, mix freshtrack real-time temperature monitoring for refrigerated vehicles, and our beame stolen vehicle recovery service, are utilised by the group to deliver actionable intelligence for informed decision-making regarding their fleet and drivers. This has in turn assisted in achieving enhanced vehicle performance, improved driver safety and fleet security, operational efficiency, sustainability, and compliance for this retail customer.

www.mixtelematics.com/za fleetsa@mixtelematics.com

SUSTAINABILITY

Shoprite’s focus on sustainability and responsible business practices extends beyond its own operations. The company is committed to addressing pressing environmental and social challenges in the communities where it runs, and it does so through a range of philanthropic and CSR initiatives.

Over the past decade they have made significant strides in reducing their carbon footprint. They have implemented a broad range of

measures that have allowed them to reduce their environmental impact, including the use of energy-efficient LED lighting, water-saving technologies, recycling programs, and solar power generation.

The sustainability commitments go beyond the company’s operations; the company has made strides in supporting small-scale farmers, particularly in South Africa, and implemented a program aimed at sourcing products from local farmers rather than importing them from

outside the country. This commitment to socioeconomic development is clear in the company’s partnership with local farmers, which began over two decades ago. Through this program, small-scale farmers are provided with market access and funding for training and resources, allowing them to grow their businesses and compete more effectively. As a result of this initiative, thousands of farming families have been empowered to improve their livelihoods, promoting economic growth in the region. They have also committed to minimizing their waste by transitioning to recyclable materials and using biodegradable plastics.

Another notable initiative is Shoprite’s “Act for Change” program, which supports a wide range of causes around the world. The program looks to address hunger, access to education, and job creation. This program has been successful in mobilizing Shoprite’s customers and employees to contribute to positive change in communities across Africa and beyond.

TECHNOLOGY TRANSFORMATION

Shoprite has been at the forefront of technology transformation in the African retail industry. They have massively invested in technology to continually improve their operational efficiencies and customer shopping experience. One of their most significant ventures is the roll-out of mobile money services through their subsidiary, Money Market. This service enables customers to pay for everyday products, send money, and pay their bills using their mobile phone. The service has been game-changing for the

underbanked populations of African countries, allowing them to enjoy access to financial services through their mobile phones.

Shoprite has also introduced a shopper app, which is an app that allows customers to browse through products, make online purchases, and book home deliveries. The app has seen an uptake in usage, particularly in South Africa, where it has been rolled out. The company has invested considerably in its IT infrastructure and data management system, making it easier to track customer behavior and preferences, which helps in personalizing campaigns.

RENEWABLE ENERGY DEVELOPMENT

Shoprite has been involved in renewable energy development, particularly in the use of solar power generation. The company has installed over 19,000 solar panels across over 200 stores in South Africa, allowing them to generate clean, renewable energy, which has helped to reduce the company’s carbon footprint. Shoprite’s commitment to renewable energy has seen it partner with Sun Exchange, an innovative Cape Town-based company that specializes in solar power generation solutions. The partnership enables Shoprite to purchase solar power from small-scale solar farms that have been set up in South Africa, which are used to power some of its stores.

Shoprite has undergone significant transformation over the years, becoming an industry leader in sustainable practices, renewable energy development, and technology transformation. Their commitment to driving social change and reducing their carbon footprint has enabled them to remain an influential player in the African retail industry. The company’s leadership, under the guidance of Pieter Engelbrecht, has been instrumental in driving these initiatives and propelling Shoprite to scale greater heights

WWW.SHOPRITE.CO.ZA

UGANDA BREWERIES

UGANDA BREWERIES

FROM BARLEY TO BOTTLE: A BEHIND THE SCENES LOOK AT UGANDA BREWERIES’ BREWING PROCESS

Uganda Breweries Ltd is a leading manufacturer of alcoholic and non-alcoholic beverages in Uganda. The company has been in operation for years and has managed to carve out a niche for itself in the highly competitive beverage industry. The success of Uganda Breweries Ltd is a result of the company’s excellent leadership, operational excellence, and investment in new manufacturing equipment and technology.

Project by: Malvern Kandemwa

Words by: Michelle Duncan

The history of Uganda Breweries Ltd dates to the early 1950s when the company was set up to produce and distribute beer and other alcoholic beverages. The company has grown over the years to become one of the leading manufacturers of alcoholic beverages in the country. Uganda Breweries Ltd is currently owned by East African Breweries Ltd, which is part of the Diageo group, a global leader in the beverage industry.

One of the key factors contributing to the success of Uganda Breweries Ltd is its excellent leadership. The company has a dedicated team of experienced leaders who are dedicated to ensuring the success of the business. The leadership team at Uganda Breweries Ltd has managed to develop a strong company culture that is focused on delivering high-quality products and services to customers. The leaders at Uganda Breweries Ltd are also committed to promoting sustainable business practices, which has helped the company to keep its position as a leader in the industry.

Operational excellence is another key factor

contributing to the success of Uganda Breweries Ltd. The company has implemented a range of strategies to ensure that its operations are efficient and effective.

For example, Uganda Breweries Ltd has invested heavily in its supply chain management systems to ensure that it

can efficiently manage its inventory and stock levels. The company has also implemented lean manufacturing processes to cut waste and increase efficiency in its production processes.

Another key factor contributing to the success of Uganda Breweries Ltd is its investment in new manufacturing equipment and technology. The company has invested heavily in modern equipment and technology to improve the quality of its products and increase production efficiency. For example, the company’s new brewing plant in Mbarara is equipped with ultramodern equipment that allows

for faster and more efficient production of beer. This investment in new equipment and technology has helped Uganda Breweries Ltd to keep its competitive edge in the industry.

Uganda Breweries Ltd is a fitting example of a successful business that has managed to thrive in a highly competitive industry. The company’s success is a result of its excellent leadership, operational excellence, and investment in new manufacturing equipment and technology.

As Uganda Breweries Ltd continues to grow and expand, the company will remain a leader in the industry for years to come.

THE LEADERSHIP TEAM AT UGANDA BREWERIES LTD HAS MANAGED TO DEVELOP A STRONG COMPANY CULTURE THAT IS FOCUSED ON DELIVERING HIGH QUALITY PRODUCTS AND SERVICES TO CUSTOMERS.

BREWING INNOVATION

Uganda Breweries Limited is one of the leading breweries in Uganda, producing a wide range of alcoholic and non-alcoholic beverages. The company has a well-established manufacturing process that starts from barley and ends at the bottle.

Barley is the main ingredient used in making the brewery’s products. The process begins with selecting the best quality barley from trusted suppliers. The barley is then cleaned and sorted to remove impurities before it is taken to the mashing stage.

The mashing process involves mixing the barley with hot water in large tanks to extract the sugars from the

grain. The resulting liquid, known as wort, is then transferred to another tank, where it is boiled with hops to add flavor and aroma. The boiled mixture is then filtered to remove any solid particles before it is cooled.

Once the cooled mixture is filtered, it is transferred to fermentation tanks to add yeast. The yeast breaks down the sugars in the wort to produce alcohol and carbon dioxide. The mixture is left to ferment for several days to ensure that the alcohol levels are exactly right.

After fermentation, the beer is transferred to conditioning tanks to mature and develop its taste. During this stage, the beer is further filtered to remove any remaining particles and to ensure its clarity.

Finally, the beer is transferred to bottling tanks, where it is packaged and labeled. The bottled beer is then sent to the warehouse for storage and distribution.

Uganda Breweries Ltd is known for its innovation and attention to customer needs. They regularly introduce contemporary brands and flavors to keep up with changing consumer preferences. The company has invested heavily in research and development to create new products that cater to different tastes and lifestyles.

They have a robust manufacturing process that ensures the quality and consistency of its products. Through innovation and customer-driven strategies, the company continues to grow and offer an extensive range of beverages to its customers. They have partnered with Milly Glass Works Limited who supply them with eco-friendly and sustainable bottles as well as Expediters International Ltd amongst others.

“The process begins with selecting the best quality barley from trusted local suppliers.”

The mashing process involves mixing the barley with hot water in large tanks to extract the sugars from the grain.

The process begins with selecting the best quality barley from trusted local supplies.

Once the cooled mixture is filtered, it is transferred to fermentation tanks to add yeast.

THE PROCESS

3. FERMENTATION

1. BARLEY

2. MASHING

After fermentation, the beer is transferred to conditioning tanks to mature and develop its taste.

Finally the beer is transferred to the warehouse for storage and distribution.

PROCESS

6. DISTRIBUTION

The beer is then transferred to bottling tanks, where it is packaged and labeled.

4. CONDITIONING

5. BOTTLING

SOCIAL RESPONSIBILITY AND PARTNERSHIP

One of Uganda Breweries Limited’s most prominent partnerships is with the Uganda Wildlife Authority (UWA). Under the UWA partnership, the company supports conservation efforts in various national parks, including Murchison Falls National Park, Kidepo Valley National Park, and Queen Elizabeth National Park.

The partnership, which began in 2019, has resulted in the restoration of wildlife habitats, anti-poaching patrols, and other wildlife conservation efforts. In addition to its conservation efforts, Uganda Breweries Limited

has also made significant strides towards sustainability in its operations. The company has adopted an ambitious target to achieve 100% renewable energy by 2025. To achieve this goal, the company has invested in renewable energy projects, including an 11 MW solar plant in Mpigi district, which will generate clean energy for the company’s operations.

Furthermore, Uganda Breweries Limited has also invested in low-carbon technologies to reduce its environmental footprint. The company has launched a pilot project to convert beer brewing waste into biogas, which is then used to generate electricity. This approach not only reduces the company’s carbon footprint

IN 2022, UGANDA BREWERIES LIMITED WAS RECOGNIZED AS ONE OF THE TOP 50 MOST SUSTAINABLE COMPANIES IN EAST AFRICA BY THE EAST AFRICAN BUSINESS COUNCIL.

but also supplies an alternative source of energy, reducing the company’s reliance on fossil fuels.

The company’s commitment to sustainability has not gone unnoticed. In 2022, Uganda Breweries Limited was recognized as one of the top 50 most sustainable companies in East Africa by the East African Business Council. The company’s CEO attributed this recognition to the company’s investments in renewable energy, waste reduction, and other sustainable business practices.

Uganda Breweries Limited has also made significant strides towards technology transforma-

tion. The company has invested in modern brewing equipment and digital technology to improve efficiency and productivity. These investments have enabled the company to perfect its brewing processes, reduce raw material wastage, and improve product quality.

In addition to smart technology investments, Uganda Breweries Limited has also embraced e-commerce platforms to expand its customer base. The company has launched an online store where customers can buy its products from the comfort of their homes.