Rainbow is committed to the highest standards of Corporate Social Responsibility (CSR) and strives to ensure that the local community shares in the benefits of the Gakara Project. The local community is Rainbow’s partner in this endeavour, and progress to date would not have been possible without their continued support. As a result, Rainbow’s present CSR and community outreach initiatives are reflective of the value the Company places on this partnership.

To date, this has included a variety of activities:

  • Since inception Rainbow has made specific financial donations of over US$640k to local communities and national social programmes
  • As at 30 June 2017 Rainbow directly employed 114 Burundian staff and 88 subcontractors
  • Rainbow has also sought to provide local people with business opportunities such as catering for the workforce, purchasing local produce wherever possible
  • Rainbow is undertaking road infrastructure improvements to the main access roads which benefits all of the local community
  • Rainbow awarded contracts to Burundian companies of over US$400,000 in the year ended 30 June 2017 for both infrastructure and professional services, prior to commencement of local supply contracts for major production consumables such as fuel
  • All Rainbow mining and production employees can be registered for mobile banking using ‘Pesa Flash’, allowing for cashless transfers of salaries and banking facilities to individuals in many cases for the first time
  • The state of Burundi has a non-dilutable 10% shareholding in the project and will benefit from any dividends generated, together with normal payroll taxes, corporation taxes and a royalty of 4% on all sales revenue
  • Rainbow has made donations to several projects in the town closest to its mining area, including the construction of a municipal building consisting of multi-purpose rooms, offices and equipment
  • Rainbow has sought to improve local sporting activities and recently organised a football tournament for the municipalities which cover the project area, and the supplied the equipment for the teams
  • Rainbow is committed to adhering to the strictest international health and safety practices. In line with this, the Company employs a fully qualified OHS Manager and has incorporated stringent health and safety measures into day to day practice as well as establishing a formal committee comprised of members of the Board
  • All employees are equipped with full PPE and rigorous safety assessments are compiled prior to any activity
  • The Burundi mining industry is in its infancy, and so far, there has been strong support for the Gakara Project at both a local and governmental level. As the sector is in the early stages of growth, Rainbow can play a defining role in the development of the industry in Burundi and accordingly, is committed to continuing close liaison with workers and the local community to ensure the project is run for the benefit of all stakeholders