Tswapelo Trading Enterprise, a 100% woman-owned business in the mining sector, is making strides with its recent acquisition of an interest-free loan of R3.5 million from the Edge Ignite Fund. Specializing in well drilling and construction services for mining clients and the public sector, Tswapelo is demonstrating impressive growth and breaking barriers in a traditionally male-dominated industry.
Founded in 2019 by Nthabiseng Mohale in the Thuthukane area of Mpumalanga, Tswapelo has shown that women can excel in leadership roles within mining. The company took a significant risk by renting a drill rig for a contract with Seriti Resources, an expense that accounted for nearly 95% of the contract’s total value. This bold move has paid off, enabling the business to purchase its own drill rig and secure additional contracts, while also creating nine permanent and seven temporary jobs.
This loan will help Tswapelo reduce operational costs and improve profit margins for its drilling services. Mdu Thabethe, owner of the Edge Ignite Fund at Edge Growth, commended Mohale’s inspiring leadership and commitment to learning, noting her achievement in obtaining a certificate as a drill rig operator. This qualification has enhanced her ability to lead her team confidently.
With a diverse client base including Seriti New Denmark Coal mine, the South African Police Services, and the Department of Water and Sanitation, Tswapelo’s services extend beyond drilling and construction to include water monitoring, sewage systems, and electrical supply services tailored to the needs of South Africa’s mining industry.
Mohale emphasizes compliance as a business priority, focusing on safety, mining regulations, and sound financial management. Today, Tswapelo Trading Enterprise boasts a turnover of R10.6 million and is positioned as a sustainable enterprise with a competitive edge for future growth.
“I believe that women have the strength and determination to lead in mining and beyond. My vision is simple: zero harm, continuous learning, and opportunities for all,” Mohale states.
Edge Growth is a leading SME development specialist and venture fund manager, dedicated to fostering small businesses and creating jobs by linking corporates and entrepreneurs, addressing key constraints such as access to finance, markets, and skills.