MySol expands mining fleet with 40 Volvo machines, set to create nearly 200 jobs
Chrome mining contractor MySol Holdings and Logistics is expanding its operations with the acquisition of 40 new Volvo machines, an investment expected to create nearly 200 jobs.
The company, founded by Solomon “Solly” Soka Madibela, has taken delivery of 10 E950 excavators and 30 A40G articulated dump trucks. The latest additions bring MySol’s Volvo fleet to about 150 machines.
The company said the new equipment will operate across multiple shifts, creating demand for machine operators, mechanics, shift crews, and other support staff.
The expansion comes as South Africa continues to grapple with high unemployment. The official unemployment rate stood at 32.7% in the first quarter of 2026, while the expanded unemployment rate, which includes discouraged work-seekers, reached 43.7%.
MySol’s latest investment follows years of rapid growth. The company’s spending on excavators and articulated dump trucks has reportedly exceeded R200 million, while its workforce has grown from about 38 employees when it was established in 2018 to an estimated 2,500 workers.
During the same period, the company’s chrome ore production increased from roughly 50,000 tonnes a month to as much as 450,000 tonnes.
Madibela has set his sights on further expansion, with plans to increase the company’s Volvo fleet to 200 machines by the end of 2026 and eventually operate a total fleet of 300 units.
Beyond its mining operations, MySol says it is focused on creating opportunities for people in mining communities through local recruitment, skills development, operator training, and bursary programmes supported by the MySol Foundation.
While the expansion is only one contribution to addressing South Africa’s unemployment crisis, the investment highlights the potential impact of private-sector growth in creating jobs and developing skills.