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Incentive payouts promote safety and productivity while enabling financial empowerment

adumo Payouts CEO Steve Mallaby

STEVE MALLABY Financial empowerment is about more than just payouts; it is about fostering a culture of inclusivity within mining communities

24th January 2025

     

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As the mining industry prepares for the Investing in African Mining Indaba 2025, themed ‘Future-Proofing African Mining, Today’, its focus is firmly set on sustainable practices, technological advancements and community engagement. The flagship event takes place from February 3 to 6 at the Cape Town International Convention Centre.

South Africa’s mining sector output increased by 4.7% year-on-year in September 2024, according to Statistics South Africa, highlighting the critical role the industry plays in economic development and infrastructure. With platinum-group metals and iron-ore leading the charge, the industry’s contribution to growth across Africa remains significant.

However, this approach demands more than just operational excellence. It requires empowering the workforce, fostering innovation and uplifting communities – an agenda adumo Payouts is uniquely positioned to support, says CEO Steve Mallaby.

“Mining is a cornerstone of Africa’s economic and social development. Our tailored incentive payout solutions align with Mining Indaba’s vision to help mining companies build resilient workforces, improve operational efficiency and contribute to community well-being.”

By integrating incentive payout programmes that promote safety and productivity, adumo Payouts provides a foundation for workforce empowerment. This approach ensures that mining companies are not just operating sustainably but also supporting the broader goals of economic and social inclusivity.

Junior mining companies play an equally vital role in Africa’s mining ecosystem, acting as catalysts for local development and job creation. Yet, their scale often limits access to resources and solutions. adumo Payouts bridges this gap by offering innovative incentive-payout programmes tailored to the unique needs of junior miners.

“Our solutions not only drive productivity but also help junior miners create a culture of financial responsibility and sustainability,” explains Mallaby.

The mining sector has long faced challenges in fostering a savings culture among its workforce, whether older or younger employees. Rewards cards are a positive approach to incentivising safety and productivity, while equipping workers with tools to manage their finances.

“Financial empowerment is about more than just payouts; it is about fostering a culture of inclusivity within mining communities,” stresses Mallaby.

Tailored payout solutions from adumo can create lasting change in how workers engage with, and benefit from, their incentives.

Safety remains a core priority for the mining industry, as underscored by Mining Indaba 2025’s commitment to zero harm. Incentive payout schemes are a powerful tool in this regard, driving behavioural change and fostering a safety-first culture.

“Our incentive payout solutions are designed to encourage proactive safety practices, helping companies align with their zero harm goals. By being rewarded for positive behaviour, the workforce stands to be more engaged and responsible,” says Mallaby.

Economic empowerment is at the heart of Mining Indaba’s vision for future-proofing the industry. Solutions from adumo support this by ensuring that incentives reach all employees equitably, promoting inclusivity across diverse roles.

“Beyond the workplace, our payout solutions create ripple effects in mining communities, fostering local development and broader economic growth,” adds Mallaby.

While technology and machinery are often seen as the forefront of mining innovation, adumo Payouts highlights that innovation extends to workforce management and incentive solutions. By enabling companies to adapt swiftly to changing industry needs, adumo’s incentive-payout schemes ensure operational agility.

Mining Indaba 2025 calls for a collective effort to secure the future of African mining.

“Our vision aligns with Mining Indaba’s. Together, we can build a sustainable and resilient future for African mining, one that uplifts its people and communities while achieving long-term growth. The mining industry stands at a pivotal moment. By adopting forward-thinking incentive strategies, companies can meet not only the challenges of today but also secure the promise of tomorrow. Future-proof your workforce and, in doing so, future-proof the industry,” concludes Mallaby.

Edited by Donna Slater
Features Deputy Editor and Chief Photographer

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