Y O U R T I TL E HERE
A N N U A L
R E P O R T
S U M M A R Y
Y OUR T I T LE HERE
C O N T EN T
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INTRODUCTION
S iy a vuma Inc orpo r a t e d (Pr iv a t e ) L imi t e d i s a pr iv a t e limi t e d c ompan y r egi s t er e d und er the Z im babw e a n Compan ie s Ac t of 200 2 t o c a t er f or the gr o wing and multif ac et e d n ee ds o f
Z im bab w e ’ s i ndus tr y .
Our major li n e of bus i n e ss i s r e n ew ab le e n e r gy and po w er g e n e r a t i on ; oth er ar e a s o f i n t er e s t ar e l og i s t ic s , agr ic u l tur e, bus i n e ss c ons u l t anc y and mining .
The c ompan y s t art ed oper a tions i n t he y ear 2 02 0, with the a im o f es t ab li s h i ng a 10 0M W p So l ar Pho t o v o lt a ic p l an t i n the M a t abe le l and pr o vince. The c ompan y has of f i ces i n Har ar e bu t mainly oper a t es i n t he Ma t abe lel and r eg i on of Z im babw e.
BACKGROUND
S iy a vum a In c orpor a t ed (Pr i v a t e) L i mi t ed w as born out of a clari on c a ll by the Go v ernm en t of Z i mbab w e f or Ind epend en t P o w er Pr odu cer s t o c ome on boar d t o h el p addr ess the po w er de f ici t tha t has de v as t a t ed not on ly Z i m bab w e but the whole of the S outh ern Afric an r egion. The i ncr easi ng demand f or el ectricity fr om both domes tic user s and c omm er cial en t erpri ses has mean t th a t th e po w er be i ng pr odu ced b y the l oc a l po w er ut ili t y , the Z i mbab w e E le ctricity T r ansm i ss i on D i s tri but i on Com pan y (ZETDC) i s i nadequa t e t o me e t the c ompe ting demands f or po w er fr om l oc a l c onsumer s and this has ad v er se l y a f f ect ed b oth i nd us tr y as w el l as l oc a l c onsumer s r esul ting i n i ncessan t l oad shedd i ng which c an g o f or as l ong as mor e than ei gh t h our s a d a y . Wh en oper a ting a t op tim um c apac it y , ZETDC i s on ly ab le t o pr o v i de 2, 200 me g a w a t ts of po w er ag a i ns t a l oc a l demand of o v er 3,0 00 me g a w a t ts, r esul ting i n a shortf a ll of m or e than 80 0 me g a w a t ts. Th i s clearl y r epr ese n ts a g ood bu s i ness c ase.
OUR VISI ON
Th i s wi ll be ac h ie v ed th r oug h s tr ong f i nan cial r es u lt s and c on tinuous i n v es tm en t i n our i n fr as truct ur e t o enhan ce our cu s t ome r s’ sa tis f act i on. W e s tri v e t o becom e a c en t er of e x c ell en c e i n e v er y th i ng w e d o.
T o b e c om e th e m ar k e t le ad er i n
c le an , gr e e n rene wab le e n er gy pro visi on i n Z i m bab we and w i th i n th e S A DC region .
MISSI ON
A t t a i n c ons i s t e n t , reliabl e and sus t a i n ab l e produc t i on and supp l y of rene wab le e n er gy t o both th e nat i ona l and regional po wer gr i ds.
Th i s w il l be ach ie v ed thr ough harnes s i ng so l ar ener gy thr oug h the i ns t a ll a tion of so l ar pan el s a t ou r so l ar f arm .
Thr oug h the de v el opmen t of our other bu s i ness en t erpri ses i .e . mi n i ng , agr i cu lt ur e, agr o - pr ocess i ng , l o gis tics and pr oper ty de v el opmen t, S iy a vum a In c orpor a t ed (Pr i v a t e) L i mi t ed wi ll pos iti on i tsel f as a r egional po w erhouse.
V ALUES
R el ati o n sh i p s
Ser v i ce
I n d u str y A d v o cac y
En e r gy an d p ow e r ar e th e b ac kb one of in d u s tr y an d e c onom ic d e v elopm en t. Si y a vum a I n c or p or a t ed ( P riv a t e) Lim it ed s triv es t o c onn ec t wi th ind u s tr y , pow er d is trib u t or s an d othe r r ele v an t s t ak eh ol d er s t o en sur e gr ee n p owe r g en er a tion an d e f fi c ien t p owe r sup p ly . Min im al t o n o em iss io n d u ring en er gy p r odu c tion wi ll e n sur e z er o n eg a tiv e im p ac t on th e c omm u n ity an d en c our ag e c oo p er a tion b e tw ee n th e f irm, th e im m ed ia t e c omm u n ity an d othe r g ov ern m en t al an d n on - g o v ernm en t al s t ak e h olde r s.
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Th e c omp an y f ocu ses on p r ov idin g h igh q u ality ser vice t o all its c lien ts an d all r ele v an t s t ak eh ol d er s. P os itiv ely im p ac tin g th e l oc al c omm u n ity th r ough th e c r ea tion of em p lo ym en t opp or tu n ities f or th e l oc al y outh , m en an d w ome n . E f fi c ien t an d e f f ec tiv e pow er sup p ly t o all sec u r ed P owe r P u r c h ase Agr ee m en ts ( P P As ) wi ll e n sur e r eliab le ser vice p r ov isi on
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W e h a v e the d riv e an d f ocu s t o s triv e t o b e a t th e f or e fr on t of futu r e inn ov a tions wi th in o u r t ar g e t ed ind u s tries. Th r ough th e pu shin g of our r e n e w ab le e n e r gy bou n d arie s, Siy a vu m a I n c orpor a t e d ( P riv a t e ) Lim it e d wi ll b ec ome a r eg io n al lead er in gr ee n p owe r g en er a tion. I n sep ar a t e ind u s tries w e aim t o u se c lima t e and en vir onm en t ally fr ien d ly m e th ods an d s tr a t eg ies t o r ed u c e th e na tion an d r eg io n ’ s c arbon f oo tp rin t. Th e g oal is t o m ak e o u r p artn er s, c u s t ome r s an d v ario u s s t ak eh ol d er s “ gr ee n ” c onscious.
V ALUES
Sh ar ed Passion
I n teg r i ty
En v i r o n men t
W e h a v e all c hos en our r es pe c ti v e c ar ee r s be c aus e w e a r e e x c i t ed and en er giz ed t o be i n v ol v ed in r en e w able en er gy and mak e a dif f er en c e. This sh ar ed pa ss i on as w ell as pu sh i ng f or our na ti on ’ s ec onomic gr o wt h runs as a c ommon thr ead tha t un i t es us as a f i rm and wi th all other s t ak eholder s. Si y a vuma Inc or por a t ed ( P ri v a t e) Li mi t ed maki ng it s mark on the w orl d
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Our w or d is our bond and al l our emplo y ees wi l l uphold high s t and ar ds of in t eg ri ty and e thi c s i n all our bus i ne ss de ali ng s.
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Our en vir onme n t i s the only e v erl as ti ng leg acy w e c an l ea v e f or futur e g ene r a ti ons. R ene w able ene r gy pr o visi on wi l l r ed uce the ne g a ti v e i mpa c t, w e a s a s pe c i es , ha v e on the en vir onme n t and wi l l l ea v e our c hil dr en wi th a gr ea t er inheri t ance than tha t of financi al w ealth.
WH A T WE DO
PR OGRE SS IS OUR PR I OR I T Y
S iy a vum a Inco rpor a t ed (Pr i v a t e) L imit ed w as f orm ed wi th the des i r e to se tup wha t will be the l ar g es t So l ar P hot o v o lt a ic po w er p l an t i n Z i mbab w e . Th i s po w er s t a tion will ha v e the c apac ity to pr odu ce 1 00 MW p an d w il l be c ons truct ed i n the Ma t abe l e l a nd N o rth Pr o v i nce of Z i m bab w e . Curr en tly r eso ur ces ar e be i ng mo b ili z ed to mak e th i s vi s i on a r eal it y . Thr o u gh th e li a i son and c o oper a tion b e tw een us an d both our t ech n ic a l an d f i nanc i a l part ner s, we e xp ect to be gi n c o ns truct i on of our so l ar p l an t by 31 st of D ecember 2 0 22 . Su nsh i ne i s an un li mit ed r e sour ce which we will t ap i n t o to pr o vi de clean po w er to Z i mbab w e and other r egional c oun tri es .
and will be ach ie v ed .
Aft er the c om m encem en t of o ur i n i tia l So l ar PV pr oject we a i m to d iv e r s i f y our portf o l i o to i nc l u de mi n i ng oper a tions, agr ic u lt u r e, bu s i ness c onsu lt anc y , l o gis tic s and pr operty de v el opmen t . Our or g a n i z a tion ma y be y ou ng b ut our t eam ’ s e xper ie nc e and close knit r e l a t i onsh i p wi l l ensur e th a t our g oa l s c an
CORPOR A TE S OCIAL RESPONSIB ILIT Y
As part of it s Corpor a t e Soci al R es pons i bil i t y , Siy a vum a In c orpor a t ed (P ri v a t e) Li mit ed wi l l pla y it s part t o i mpr o v e the l i v eli hoods of disad v an t ag ed c hil dr en i n the c ommu nit i es i n whi c h i t ope r a t es s o tha t the y ar e able t o r eali z e their fu l l pot en ti al.
Si y a vuma Inc or por a t ed ( P ri v a t e) Li mit ed wi l l also en su r e tha t su rr ound i ng c ommu nit i es wi l l be ne fit fr om the solar ene r gy g en er a t ed fr om it s solar pl an t
Siy a vum a In c orpor a t ed (P ri v a t e) Li mit ed wi l l se ek t o cr ea t e a pla tf orm f or unde rpri vil eged c hil dr en t o g ai n ac c es s t o ed uc a ti on, w ell ne ss , leade r sh i p de v elopme n t and act i v e i n v ol v eme n t i n c ommu nit y act i vit i es .
Siy a vum a In c orpor a t ed (P ri v a t e) Li mit ed wi l l also emplo y l oc al s fr om the su rr ound i ng c ommu nit i es wi thi n i ts s ol ar plan t.
