Issue (24) December 2017
“THE FUTURE DEPENDS ON WHAT WE DO IN THE PRESENT” Mahatma Ghandi
EMSP 10 Years Celebration
KTC Local Gov Collab
OR Tambo Memorial Lecture
OUR VISION, MISSION & VALUES OUR VISION
OUR MISSION
A prosperous, peaceful, equitable and just society.
To contribute to development through sustainable funding, with like-minded partnerships and innovative scalable development models.
OUR VISION
OUR STRATEGIC GOALS
Integrity Accountability Passion for Development Hands On, Bottom Up Approach
Education Development Pillar To extend educational develoment programmes Socio economic Development Pillar To promote and support socio economic development Institutional Capacity Building Pillar To support strategic institutional capacity development for sustainability Investment and Financial Sustainability Pillar To ensure financial sustainability of Kagiso Charitability Trust
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Education Conversations
09
KST Infrastructure Launch
10
EMSP 10 years Celebration
13
KTC Local Government Collab
22
OR Tambo Centenary Lecture
25
KT Golf Day
04
Word from Communications and Marketing
05
Message from the CEO
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19
with Jacaranda FM
scale development
Standard Bank Business Breakfast
27
Financial sustainability to grow and
15
Indigent management and how this in turn affects revenue management
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Deputy President goes back to school
Notices
Head of Communication and Marketing: Nontando Mthethwa, Editor: Amandla Kwinana Cover image: Kagiso Trust | Writers: Amandla Kwinana, Chulekazi Charlie Kagiso Trust PBO No. 130004486 info@kagiso.co.za | www.kagiso.co.za | 011 566 1900 Published by Star Hero Media Group Level 1 BBBEE Certified Black Owned Agency. nonie@starhero.co.za | www.starhero.co.za | 011 462 1787
WORD FROM COMMUNICATIONS AND MARKETING Nontando Mthethwa
Head of Communications and Marketing
A
s the year comes to an end,
inputs and contributions from industry
We will build innovative and scalable
we are presented with an
experts, such as Dr Somadoda Fikeni,
models. We will let our values guide
opportunity to reflect on the
Mr Xolile George, Ms Phuti Mahanyela,
us in everything we do. We will be
past year. 2017 has indeed
amongst others.
accountable for our actions. We will
been an exciting year for Kagiso Trust (KT).
Furthermore, KT introduced Collabs as part of the Heart of Gold Campaign,
operate with integrity in everything we do. We will foster a burning passion for development and continue to believe
2017 saw KT refresh it’s corporate
which are similarly aimed at
strategy as part of re-dedicating itself
validating aspects of the envisaged KT
to the challenge of overcoming poverty
programmes and models, in addition
Most importantly, as we wrap the
and inequality. We also introduced the
to sharing insights of the organisation’s
year up and reflect on how far we
Kagiso Trust Heart of Gold Campaign,
programmes implementation to date,
have come; we would like to say a big
a communications and marketing
and provide a platform to network with
THANK YOU to our partners, sponsors
campaign aimed at unpacking KT’s
like-minded organisation and potential
and stakeholders. We could not have
strategy, whilst calling for collaboration
partners.
achieved the same level of success
and partnerships for the organisation’s programmes through effective thought leadership and advocacy initiatives.
The Heart of Gold Campaign also intends to host the finale KT Strategy Launch event in April 2018, which
These have included programmes
will be aimed at announcing and
va l i d a t i o n s e s s i o n s , w h i c h we r e
introducing KT’s new programmes as
aimed at soliciting feedback from key
well as partners to the market.
industry experts and influencers on KT’s new programmatic direction. KT has also forged media partnerships with the Sunday Times as well as Kaya FM in order to further unpack the organisational strategy in addition to highlighting key and new programmes the organisation will be implementing. Likewise, the media partnerships have presented an opportunity to further validate certain elements of KT’s programmatic approach using
As this exciting, new chapter of our future dawns we will pursue our vision of creating a prosperous, peaceful, equitable and just society. To achieve this, we are focused on implementing four strategic goals in education development, socio economic development, institutional capacity building and financial sustainability. To achieve our goals, we will work together with like-minded partners.
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in a bottom up approach.
alone. We would like to thank you for your gift of friendship and supporting us in ensuring we fulfil our mandate. Without you, we would not have been able to achieve and fulfil our role in development. We are truly humbled and honoured by your support and look forward to further interactions and engagements with you. It is often said that ‘you reap what you sow,’ and we hope that we have seeded enough good to ensure that 2018 brings goodwill, success and even greater experiences. On behalf of Kagiso Trust, we wish you all a happy and safe festive season and may 2018 be all that you wish for and more.
MESSAGE FROM THE CEO
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Mankodi Moitse Chief Executive Officer, Kagiso Trust
017 has been a significant
the immense task of conceptualising
year for Kagiso Trust. Following
programmes that will better aid in
the celebrations of our 30th
our mission to overcome poverty.
Anniversary (2015-2016) and
Drawing strength from the envisioned
the refined 30-year strategy, this year
beneficiaries of these programmes,
has been about taking those first steps
most of whom are in underprivileged
of implementing our strategy. Kagiso
and rural South Africa, we forged
Trust’s strategy, whose main objective is
ahead and invited industry experts to
to overcome poverty in South Africa, is
assist in formulating solutions to Early
one which we all regard with the utmost
Childhood Development and Socio-
respect, importance and humility such
economic Development. Partnerships
a selfless endeavour requires.
and collaborations continue to inform
This year alone, South Africa has had to survive numerous curveballs being thrown its way. Notwithstanding
our approach as we conceptualise, refine and implement programmes in development.
We are fortunate to have like-minded partners who are just as dedicated and passionate about development and transformation as we are. The Free State Department of Education
the ripple effects of the financial
As we implement our strategy, we do
downgrades and the political riptides,
so being conscious of the paramount
South Africans have demonstrated
role leadership has on the entire
resilience and hope amidst these times
organisation. Our Board of Trustees has
of adversity. Countless organisations and
been a pillar of strength and support
individuals are working hard to ensure
as they guided us through the difficult
a prosperous, peaceful, equitable and
conceptualisation process. Their fruitful
just society. We cherish this optimism.
criticisms and devoutness to Kagiso
This year saw Kagiso Trust undertake
“Notwithstanding the ripple effects of the financial downgrades and political riptides, South Africans have demonstrated resilience and hope amidst these times of adversity.”
Trust’s values, are appreciated.
continues to be an exemplary team; we thank you. The Cyril Ramaphosa Foundation continues to walk by our side as we implement the district whole school development programme in the Motheo and Fezile Dabi districts, Free State. To all our other partners, we are proud to work with you in overcoming poverty. Happy Holidays to you and yours.
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Our commitment in education programmes is to deepen and replicate education programmes from ECD to tertiary opportunities, applying a structured framework to address systemic gaps
ICT A LEARNING ENABLER, NOT A UTOPIAN SOLUTION ICT can enhance and enable learning, but it is not the utopian solution that many believe it to be.
T
his emerged during the 8th
ready for digital classrooms’. Speakers
educators as well as representatives
E d u ca t i o n Co nve r s a t i o n s
included senior lecturer in Mobile
from unions and the Gauteng
event, hosted by the Kagiso
Learning in the faculty of Education
Department of Education, contributed
Trust in partnership with the
at the University of Johannesburg,
their thoughts to the discussion and
University of Johannesburg’s Faculty of
Dr Jacqueline Batchelor; founder of
picked the panellists’ brains.
Education at the university’s Madibeng
Kreeate Digital, Alexander McLeod; and
Building in Auckland Park on 26
Kagiso Trust Education Programme
September 2017.
Manager, Sizakele Mphatsoe. The
The theme of the event was ‘ICT in teaching and learning: Getting teachers
Education Conversations facilitator, Masechaba Ndlovu, ensured the audience, which comprised of students, 7
Batchelor’s keynote address was titled ‘Realistically optimistic: Becoming digitally fluent’.
But, she cautioned that ICT in education
but getting people to use the platforms
important. People must understand the
was being driven by an “angelical,
and engage with the content regularly
benefits of engaging in such activities
utopian outlook”, in which technology
is more challenging.
and how it enhances their day-to-day
was viewed as the solver of all of South
work.”
Africa’s problems in education.
“User experience is vital to the success of any e-learning platform or broader
Infrastructure availability is also a
Batchelor said there is a perception that
ICT integration initiative. End users
challenge. “Most schools don’t have the
ICT technology would fix South Africa’s
must want to engage with the ICT
infrastructure i.e. any computer labs.
social issues, bring people together,
product,” he said.
The question becomes how to bridge
lift the country’s spirits and provide an “incomparable richness.”
Mphatsoe engaged the issue of
On the other hand, ICT in learning
teachers have already interacted with
could ensure that children become active players in the new economy, contributed Alexander McLeod, who spoke about the merits of gaming in
educator receptiveness. “Younger
technology while at university. There are two levels of receptiveness among educators: the older generation, which
the learning process.
takes longer and the younger ones,
“ICT has the ability to transform an
support, motivation and constant
environment and add value to it.
training, we have seen the uptake
Whether or not that value is realised
improve,” she said.
depends on whether the opportunity is taken advantage of or not,” he said. McLeod believes that ICT can improve the effectiveness of a learning environment, which leads to improved
who are tech-savvy. However, through
infrastructure and those that don’t. “However, despite these challenges, there are opportunities. As an organisation, we believe that we are still relevant. The teachers we’re working with have started to enjoy using ICT and incorporating it into their schedules. They are using computers to plan lessons and perform research. “ICT is not something that belongs to
Another ICT challenge which was obser ved by Mphatsoe relates to advocacy. “All teachers are to be trained in ICT by 2018. But some teachers
learning.
don’t see how that is going to happen.
According to McLeod, developing and
the teachers in terms of the changes
delivering educational content is easy,
that are being brought in. Advocacy is
Sizakele Mphatsoe, KT Education Programmes Manager
the gap between those that have the
The issue relates to how we inform
Alexander McLeod, Kreeate Digital Founder
others. We have started to enhance and ignite people’s passion. If we train, support and provide the necessary resources, we will take education and the country - to greater heights,” concluded Mphatsoe.
The Education Conversations is an initiative by Kagiso Trust and the University of Johannesburg (UJ) aimed at encouraging the country to talk and create space for debates and discussions through which diverse voices can be heard focusing on what works and how to collectively advance the agenda for an improved and performing public education system. For more information, contact Amandla Kwinana on akwinana@kagiso.co.za or 011 566 1900.
Dr Jacqueline Batchelor, UJ Mobile Education Senior Lecturer
The Conversation saw robust engagement
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KST AND DE BEERS GIVE SCHOOLS AN INFRASTRUCTURE BOOST On 16 November 2017, De Beers Consolidated Mines (DBCM), Kagiso Shanduka Trust (KST) and the Free State Department of Education handed over a new media library to Ntsoanatsatsi Primary School and refurbished classrooms to Mahlabateng Primary School in Viljoenskroon. This event represented the official handover of both the infrastructure projects completed to date.
S
peaking at the handover,
throughout the country, enabling
CEO of DBCM, Phillip
them to reach complete functionality
Barton, said: “At De Beers
and performance in order to advance
we are passionate about our
the development of education in
communities, and we pride ourselves
South Africa. We are very pleased
in forging strategic partnerships
that De Beers chose to partner with
that significantly contribute to the
us as they are not a newcomer to
socio-economic development of our
doing work in education and we have
country.”
watched them from the side lines, in
Last year DBCM spent R7 million
awe of their work.”
in 2017 year-to-date in supporting
C u r r e n t l y i n i t s fo u r t h ye a r of
educational projects in the Free State.
implementation, the KST District
The company spent a total of R27.6
Whole School Development
million on 30 educational projects
Programme is operational in 238
across all of its operations last year.
schools in the Fezile Dabi and
“In partnership with KST, we have m a d e s i g n i f i ca n t a n d l a s t i n g contributions in the Free State through implementing infrastructure projects in schools. The opening of this media library is the beginning of an exciting new era for the young
Motheo districts. To date, over 60 schools have benefited by receiving infrastructure projects such as new and renovated classrooms, ablution facilities, fully resourced libraries, media centres, science laboratories and kitchens.
learners of Ntsoanatsatsi Primary. As
Over 2 000 teachers are being
a company, we are privileged to play a
supported through the curriculum
role in shaping these young lives and
development programme and over
ultimately contributing to the future
18 000 learners have undergone eye
leaders, professionals and citizens of
sight testing, with over 600 learners
Free State,” said Barton.
having received free spectacles.
Yvonne Themba, a Trustee of KST
“We are very pleased as KST to be
said: “Education is a priority and we
handing over this infrastructure as
need to make sure that we make
it is another effort from us to curb
the learning environment friendly
the issue of inadequate resources
for both educators and learners. The
in schools. Our partnership with the
learners of today are the leaders of
Free State Department of Education
tomorrow. Education is a societal
and DBCM is proof that, together,
issue; the state of education affects
we can achieve more. It is through
everyone because it is closely linked
collaboration where quantified results
to the growth and development of
can be achieved” concluded Ms.
our country. Partnerships such as
Themba.
these are needed to transform schools 9
ERIC MOLOBI SCHOLARSHIP PROGRAMME
CELEBRATES 10 YEARS
I
t is with great pride that Kagiso Trust
empower black students to counter the
opportunities were in the engineering
celebrated 10 years of the Eric Molobi
legacy of restricted access. The Kagiso
and commerce sectors. The Trust did
Scholarship Programme (EMSP) this
Trust Bursary dispensed about R300
not look at the EMSP in isolation but
year. The young men and women who
million a year to recipients. However,
as an exit opportunity necessary in
have gone through the programme
after 1994 when KT’s donor funding
the education pipeline to encourage
have made us proud by grabbing the
from the European Union and Japan
our schools to drive positive learner
opportunities with both hands and
was redirected to the new democratic
outcomes and reward performing
being the best they can be.
government, disbursements dropped
learners.
More importantly, we commend them
to around R190 million by 1997.
The current scholarships are available
for breaking the cycle of generational
It was with this in mind that the Trust
to learners from rural and/or
poverty and ploughing back to their
decided to hand over the programme to
disadvantaged schools affiliated to the
communities. As we celebrate this
government to inherit and broaden the
Beyers NaudĂŠ Schools Development
milestone, it also gives us an opportunity
impact and reach to more students and
Programme. We also encourage and
to reflect on how far our education
we also appreciated that government
support the programme beneficiaries
programmes have come.
also saw a bias towards poor students
to become leaders and change agents
to access higher education. From
within their families and communities.
the 1990s, millions of disadvantaged
To date EMSP has invested more than
students have received assistance from
R16.3 million and 140 students have
the fund which was known as the
gone through the programme.
O u r i n te r e s t i n e d u ca t i o n , eve n historically, was to recognise the gaps which the legacy of apartheid has left in many rural communities and how education plays a significant role in undoing this legacy. In the 1980s and 1990s the Kagiso Trust Bursary, which assisted around 250 000 promising matriculants to pay for tertiary education. The strategy was not only to offer tertiary education to those who could not afford it but to also
Tertiary Education Fund for South Africa (TSFAS) and is now known as the National Student Financial Aid Scheme (NSAFS). In 2006, Kagiso Trust decided to refocus its higher education programme and looked at fields of study and work that lacked the participation of young black people in the market and these
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On 28 September 2017, Kagiso Trust celebrated the EMSP’s 10th Anniversary together with key stakeholders and beneficiaries, who shared their thoughts and experiences with the Eric Molobi Scholarship Programme. “The Eric Molobi Scholarship Programme is a very important initiative in the affairs of our country. I was particularly impressed by Kagiso Trust’s focus on its education development, socioeconomic development, capacity building and financial sustainability all these are key
Mankodi Moitse, KT CEO
issues facing our country.” Mr Popo Molefe, Lereko Investments Executive Chairman
“Kagiso Trust used to help us a lot when I was still at university. When my mom could not even afford to take me to school, they would pay for my tuition fees, accommodation and even meal allowances. One thing I learnt also is that when you are a part of Kagiso Trust you must be a helper. I used to go back to school, through a community service programme they asked us to do, to give
Maria Mokae, EMSP Coordinator
back and tutor the learners with the little that I had, which was my time. I’m currently doing my in-service training and helping put my little brother through his studies.” Zanele Dlamini, EMSP Beneficiary from Qwaqwa, Free State
“As a family, we truly are proud and humbled by the continued success of this educational programme. Papa was a strong leader in his community. His character was solidified by three main virtues: ethics, humility and integrity… To you, EMSP scholars, may you continue
Popo Molefe, Lereko Chairman
being the light to your communities and ancestors, beyond your wildest dreams.”
Naomi ‘Lele’ Ratsheko, Daughter of the late Eric Molobi
For information on how you can be involved with the EMSP, kindly contact Maria Mokae on mmokae@kagiso.co.za or call 011 566 1900.
EMSP graduates
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Our commitment is to support strategic capacity development to support non-governmental organisations, community-based organisations and local government
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LOCAL GOVERNMENT COLLAB: INDIGENT MANAGEMENT
W
ith the increasing poverty
but firmly integrated. Executing an
in collecting revenue receive good
and unemployment rates,
effective sustainable indigent policy
results. Municipalities need to compete
as per the latest Stats SA
is dependent on the financial viability
in this rigorous and sophisticated
report, municipalities are under server
of the municipality as own revenue is
collections environment to ensure
financial pressure to remain financially
meant to cross subsidise the Equitable
that their customers pay for their
viable.
Share as to fund free basic services.
services. Municipalities are currently
The current economic climate dictates
not managing to compete effectively
that consumer diminishing disposable
and are thus experiencing diminishing
income is being rigorously targeted by
revenues.
Revenue collection and Indigent Management as stated in the National Indigent Policy Framework document, are not mutually exclusive
creditors. Those creditors that are most sophisticated, effective and efficient
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In October, Kagiso Trust hosted its first
the implementation of indigent policy
focusing on municipal revenue stability,
Local Government Collab. The purpose
subsidies. The net result for the poor is
we need to focus on the social impact
of the Collab was to highlight the
that the indigent subsidised FBS safety
benefits of implementing an accurate
importance of indigent support, elevate
net and efforts to reduce poverty will not
indigent register and an effective
issues affecting indigent management
diminish, putting more pressure on the
indigent policy.
and promote viable solutions for more
poorest of the poor and reducing their
effective, efficient and sustainable
ability to be engaged and productive
indigent management. Stakeholder
citizens in society.
sustainability of local government,
The poverty gap will grow and make
Data Optimisation System (K’DOS); a
escaping the poverty cycle more
tool which increases municipalities’
difficult” commented Paul Smith,
ability to bill accurately and provide
Kagiso Trust Local Government Support.
free basic services to those who need
engagement ensured that such issues were highlighted and that municipal practitioners were an integral part of the solution. This approach promotes the prospect of municipal acceptance and buy into new approaches and solutions going forward. “Diminishing municipal revenues negatively affects ser vice deliver y standards, Local Economic Development funding and
To ensure the ongoing efficiency and Kagiso Trust has developed the Kagiso
A n i n a cc u ra te i n d i g e n t r e g i s te r
them the most.
negatively affects the levels of municipal debt and revenue. It is for this reason that Kagiso Trust believes that while
SALGA’s Simphiwe Dzengwa (centre) with Kagiso Trust’s Local Government Support, Paul Smith and CEO, Mankodi Moitse
Panelists Jugal Mahibir, UJ National and Local Government Lecturer; Nontokozo Gwala, Deputy Director of Indigent Policy Coordination and Support; and Simphiwe Dzengwa, SALGA Executive Director: Municipal Finance
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“INDIGENT MANAGEMENT AND HOW THIS IN TURN AFFECTS REVENUE MANAGEMENT”
(SUNDAY TIMES-BUSINESSTIMES Q&A) How do you define indigents and why was
municipal long-term focus must be on
strategy refresh?
into economically active citizens. This
this focus an integral part of Kagiso Trust
the conversion all unemployed citizens integrated Local Economic Development
Indigent customers in a municipal service
approach starts with accurate awareness
delivery context is a group of municipal
of the magnitude of the unemployment
account holders that do not have the
problem with in municipalities including
financial means to pay for municipal
accurate data of the skills, capacity and
services, and therefore are entitled to
experience that exists in the unemployed
subsidised services in the form of Free Basic
population. Local Government, the sphere
Services (FBS).
of government closest to communities, are a key catalyst for community socio-
Paul Smith, Local Government Support, Kagiso Trust
The indigent threshold is determined
economic transformation. As Kagiso
by each municipality and differs from
Trust we believe we need to support
municipality to municipality. In the
municipalities to play their rightful role in
broader context of community, the
community development.
indigent population are all the individuals that reside in our communities that are
However, many of KT’s municipal clients are
unemployed “the poorest of the poor”.
financially hamstrung by escalating debt
A single household may include a single
and reducing revenues. As these municipal
indigent municipal customer but may
purse strings get tighter operational and
host multiple indigent people. When
development budgets are cut, Integrated
considering broader socio-economic
Development Plans (IDP) remain unfunded
development strategies for communities
and community development grinds to a
both categories of indigent people need
halt. This ultimately results in increased
to be considered. Accurate and complete
customer and community dissatisfaction.
indigent registers are essential to ensure that the municipality know which
Kagiso’s long term strategic view for local
customers can and can’t afford to pay
government support is twofold, firstly
for services. This will assist municipalities
to focus on securing existing municipal
to deal with customers appropriately,
revenue streams and stop the inefficiency.
accurately forecast revenue, implement effective credit control measures and
Secondly to support municipal capacity
ensure that indigent accounts are provided
to transform the way they do business,
with FBS.
to innovate creatively and come up with sustainable improvement. This requires
Combatting escalating poverty
municipalities to develop a customer
meaningfully requires a broader socio-
centric approach to meet the expectations
economic development approaches
of both paying and indigent customer
over and above the provision of FBS. The
bases.
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One of the NDP objectives and the UN
• Local public employment programmes
and promote leadership and partnership
Programme.
significant bearing on local government
Local Government has made a huge
SDG’s is to build capacity of the state
throughout society. Why does this have a and SALGA?
Xolile George CEO SALGA
expanded through the Community Work
contribution to ensuring delivery of basic services to the poorest of the poor and
The NDP vision 2030 outlines that the
to improve the dignity and quality of life.
state will play a developmental and
Concerns, however, remain in certain
transformative role in South Africa. It will
services in certain geographic areas.
act to support and guide development to
Increases in access to services happened
the benefit of all society – particularly the
against declining revenue, for example,
poor. Local government, in particular, will
from 2005 to 2014, the number of people
be committed to working with citizens and
paying for water declined from 61.9% to
communities to find sustainable ways to
43,7%.
meet their social, economic and material needs, and improve the quality of their
Recently released Non-Financial Census
lives.
of Municipalities (NFCM) by Stats SA have demonstrated that SA increased
The NDP experts’ local government to be at
in the number of indigent households
the forefront of participatory democracy,
across the country. South Africa’s 278
involving citizens in meaningful discussions
municipalities registered 3, 56 million
about government and development.
indigent households in 2016, the highest number on record since figures were first
The White Paper on Local Government
published by Stats SA in 2004.
(1998) requires SALGA, together with municipalities to play a leading supportive
These are some of the overwhelming
role in the wholesale transformation of
challenges that the sector has to battle,
local government to be developmentally
including the fast pace of urbanisation.
oriented. South Africa’s Medium Term Strategic
SALGA’s mandate is to build the capacity
Framework (2014 to 2019) identifies the
of municipalities as institutions as well
following sub-outcomes to ensure a
as leadership and technical capacity of
responsive, accountable, effective and
councillors and officials to enable the
efficient developmental local government
sector to deliver on its functions and
system.
responsibilities in terms of the Constitution
• Members of society have sustainable and
of the Republic of South Africa.
reliable access to basic services. • Intergovernmental and democratic governance arrangements for a functional s y s te m o f co o p e ra t i ve g ove r n a n ce strengthened. • Sound financial and administrative management. • Promotion of social and economic development.
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To read the full article,
visit our Newsroom on www.kagiso.co.za
Our financial sustainability framework is intended on ensuring a continual balance between asset growth and programme spend
STANDARD BANK BUSINESS BREAKFAST SERIES Jacaranda FM and Standard Bank
either follow blindly or stand for what
for the unknown”, Marais noted the
hosted the Business Breakfast Series
she believed to be right. Choosing
three biggest unknowns for human
to motivate entrepreneurs to move on
courageous leadership, honesty, justice
kind: life, space and time. With further
to their “next big business decisions”.
and honouring the Freedom Charter’s
exploration of our universe, Earth is
Amandla Kwinana captured the
opening demand “the people shall
getting closer to finding the answers
highlights.
govern”, is the only way to move South
to some of these questions and with
Africa to its “next”.
the challenges of food security and our
Entrepreneurs from all walks of life gathered at the Standard Bank Business
Warren Whiteley - Springbok captain
planet’s environment, Mars could just be the next home for humans.
Breakfast hosted in partnership with
The young Lions and Springbok captain
Jacaranda FM at Montecasino on 16
shared his lessons in playing and being
November 2017. Excitement in the air,
a leader in rugby. Similar to business,
attendees braved the chilly morning
he advised that one should not look
to hear words of wisdom from four
to winning as they be all and end all.
Lastly, Khumalo took to the stage to talk
outstanding individuals around
As Whiteley put it, “success and failure
through her presentation, titled ‘Yes,
the theme “What’s Your Next?”. The
are written on ice and tomorrow the
You Can Have It All’. How? “Raise your
speakers shared business, political and
sun will shine”. Being purpose-driven,
hand and show up” she said throughout
sometimes personal journeys that led
instead, and ensuring cohesiveness
her talk. She took us from her childhood
to their success and allowed them to
is how to ensure a successful team or
days in Soweto selling sandwiches at
take the next big steps in their lives.
organisation even in the most trying
Orlando Stadium during match days
of times.
to winning the black Miss South Africa
Dr Makhosi Khoza - Former MP The first speaker to take to the stage, Dr Makhosi Khoza needed
Basetsana Khumalo – Philanthropist and Business Woman
and founding Tswelopele productions Adriana Marais - Astrophysicist and Mars One candidate
no introduction. She started off her
Marais’ “next” is coupled with a world
address with the question that most
vision to establish the first human
people had following her memorable
settlement on Mars. She is one of the
defiant political stance: “Who am I?”,
Mars One project candidates who
she recalled. Dr Khoza touched on key
have been selected to inhabit Mars
moments in her life where she was
and embark on this next giant leap
faced with the difficult decision to
for humankind! Driven by her “allure
Martin Bester (Left) Warren Whiteley (right)
Basetsana Khumalo
Adriana Marais
Dr Makhosi Khoza (right)
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in her early twenties. She owes being a serial entrepreneur to her parents who instilled business skills in her and her siblings from a young age and urges entrepreneurs to realise opportunity when it presents itself: raising your hand to be seen and show up and deliver on what you have promised.
“FINANCIAL SUSTAINABILITY TO GROW AND SCALE DEVELOPMENT” (SUNDAY TIMES-BUSINESS-TIMES Q&A) Advice for NGOs on becoming financially self-sustainable… “It is important for an organization to ensure that it has highly reputable professionals who will undertake their work with the highest responsibility. It is also important that an organization identifies its strengths and based on those strengths, forges long term relationship with specific partners who can help them in their business growth. An NGO requires a consistent inflow of income; therefore, the investment arm would need to ensure that business partnerships are formed with entities that it can accrue income from over the long term.” Ms. Phuti Mahanyele - Sigma Capital Executive Chairperson
Phuti Mahanyele
Advice for NGOs on becoming financially self-sustainable… “It begins by having a long-term vision and putting plans into place to reach that vision. Some of the challenges that face NGO’s are governance and organisational structuring; understanding the compliance issues affecting them and the parameters which they should operate is critical. Formalising monitoring and evaluation of projects and programmes will put NGO’s in good standing with donors by showing impact and return on investment.Partnerships and collaborations with other NGO’s in the same or similar environment will open an exchange opportunity to leverage on resources, capacity and infrastructure. Leveraging public participation and assistance through memberships, fundraising events, solicitation of donations, corporate social investments and the sale of goods
and/or services is another alternative way of generating income.”Ms. Silindokuhle Chamane - Kagiso Trust Financial Manager, CA(SA)
Silindile Chamane
To read the full article, visit our Newsroom on www.kagiso.co.za
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FINANCIAL SUSTAINABILITY TO ENHANCE DEVELOPMENT OUR FINANCIAL SUSTAINABILITY MODEL LOOKS AT: Maximising returns
Generating income that will fund our development programmes and operational expenses
FINANCIAL MODEL
Preference on low risk investments
Having a balanced portfolio of investments (high and low risk)
KAGISO TRUST SHAREHOLDING BREAKDOWN: Kagiso Capital (Pty) Ltd is an investment holding company wholly owned by Kagiso Trust. The primary purpose of Kagiso Capital is to ensure the longevity of the Kagiso Trust and to diversify the investment asset base of the Trust. Kagiso Trust currently has minor shareholding in the following companies.
Kagiso Trust @Kagiso_Trust Kagiso_Trust Kagiso Trust KAYA FM, proud partner of Kagiso Trust’s Heart of Gold Campaign. Tune into Breakfast with David O’Sullivan on Tuesday morning to continue the conversation.
Kagiso Trust Special Projects
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Our financial sustainability framework is intended on ensuring a continual balance between asset growth and programme spend
OR Tambo Centenary Memorial Lecture
T
he late Oliver Reginald Tambo
and survive amidst external factors.
would have been 100 years
However, Mbeki proposed that this time
old on 27 October 2017. To
around, the ANC had to be saved from
mark the occasion of one of
itself and with Tambo gone, the only
our country’s most influential political
hope was in individuals who embody
and social icons, the Oliver & Adelaide
his values.
Tambo Foundation (Tambo Foundation) held the memorial lecture on his birthday. Attended by key political figures, academia, and civil society; the event saw 1200 people gather at the University of Witwatersrand’s Great Hall to listen to Former President Thabo Mbeki’s keynote address and honour
As with Kagiso Trust’s Beyers Naude Memorial Lectures, this event focused on the need of values in society and how the absence of solid values can destroy society as a whole. Leadership is urged to take more control, embody
the legacy of Tambo.
positive values and lead by example.
As anticipated, Thabo Mbeki’s address
Kagiso Trust commends the Tambo
struck a moral cord in all of us. The address dealt with the role OR Tambo
Foundation for keeping OR Tambo’s legacy alive.
played in helping the ANC save itself
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DEPUTY PRESIDENT GOES BACK TO SCHOOL TO RAISE FUNDS FOR ADOPT-A-SCHOOL FOUNDATION Over 800 industry leaders and government officials attended the 11th annual Adopt-a-School Foundation ‘Back to School’ fundraising event at the Sandton Convention Centre on Saturday, 14 October 2017.
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T
he event, which has become a
this Foundation to be in a position to
well.” says Steven Lebere, Executive
highlight on the philanthropic
effectively address the critical social
Director of Adopt-a-School Foundation.
calendar, had guests relive
issues that face our learners,” says
their student days by putting
Deputy President Cyril Ramaphosa,
on their school uniforms in support of
Founder and Chairperson of Adopt-a-
a worthy cause.
School Foundation.
Since 2002, the Foundation has invested over R600 million directly into schools. The Back to School Party fundraiser alone has raised over R44
On the night, R4.8 million was raised to
It is estimated that between 2.4%
million through table sales, an auction
support the Foundation’s development
and 6% of learners suffer from visual
of donated items and individual or
work in its adopted schools. Funds
impairment, while the prevalence
company pledges towards education
raised through individual and company
of hearing loss is estimated at
development initiatives.
pledges will go towards building a
approximately 11.3% in the same age
fully resourced science laboratory
group.
and a programme to develop science educators, and to the extension of the Audiology and Visual Programmes that the Foundation and its partners have been running in rural schools across the country for the past six years.
“If hearing and sight issues are not identified and dealt with at an early age, it can result in poor communication, illiteracy and ineffective education, as well as negatively affect the social and psychological development of
“What is becoming increasingly evident
these children. Our programmes not
is the extent to which socio-economic
only identify barriers to learning such
issues affect a child’s ability to learn
as eyesight and hearing, but aim to
effectively. As such, it is necessary for
provide solutions to these barriers as
Kagiso Trust’s CFO, Mzomhle Nyenjana with Trustees, Dean Zwo Nevhutalu and Thabiso Ratsomo
KT’s Zandile Magutywa and Chulekazi Charlie
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It is only through collaboration and a unified approach that we can ensure that our children receive quality education and the opportunities that arise from such schooling. I would like to thank our partners and sponsors here tonight for helping us to raise these much-needed funds.” Ramaphosa concluded.
6TH KAGISO TRUST ANNUAL GOLF DAY
On October 18th, Kagiso Trust (KT) in partnership with Kaya FM hosted its 6th Golf Challenge. KT would like to extend its gratitude to all its sponsors that contributed to the success of the event: Kagiso Tiso Holdings (KTH), Actom, Onelogix and the Cyril Ramaphosa Foundation.
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T
he golf day is one of
KT was delighted with the support it
poverty, by partaking in KT’s school
Kagiso Trust’s stakeholder
gained from leading organisations,
uniform fundraising initiative.
engagement events, raising
including RMB, Rothschild, PWC and
awareness
Premier Optical to name a few.
and building
strategic relationships for its
With the generosity and support of guests, Kagiso Trust managed to
This year marks the 25th anniversary of
raise R66 000. All funds raised will go
the declaration by the United Nations
towards purchasing school uniforms for
General Assembly, in its resolution
scholars in rural communities, including
47/196 of 22 December 1992, of 17
those within our Beyers Naude Schools
The Kagiso Trust Golf Challenge has
October as the International Day for
Development Programme (BNSDP) for
become a prominent fixture on the
the Eradication of Poverty.
2018.
programmes in education development, socio-economic development and institutional capacity building.
Kagiso Trust business calendar and is attended by many business executives. The corporate sector has demonstrated its commitment over the years to make a difference in the lives of the less fortunate.
The Call to Action recognises the knowledge and courage of families living in poverty throughout the world, the importance of reaching out to the poorest and building an alliance with citizens from all backgrounds to end
This year the event took place at the
poverty. To commemorate the day
stunning Houghton Golf Club and
guests played their part in overcoming
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Should you be interested in making a difference in a child’s life, kindly assist KT with reaching its target of R100 000. Please contact Chulekazi Charlie on ccharlie@kagiso.co.za or 0115661900.
NOTICES We celebrated a lot of birthdays‌
Welcome to the family We welcome Phasha Dilakane, BNSDP Limpopo District Manager, to the KT family.
September Mankodi Moitse (1) Nicolene Phaho (16) Isabella Liba (19)
Bosses Day 2017 A big thank you to our EXCO, whose guidance and direction have ensured that 2017 is another fruitful year for Kagiso Trust.
Nothile Jiyane (21)
October Silindokuhle Chamane (5) Archbishop Desmond Tutu (7) Angeline Mdakane (19) Hylton Appelbaum (20)
November Zandile Magutywa (6) Phila Moremi (7) Mzomhle Nyenjana (16) Mme Zanele Mbeki (18) Mankone Ntsaba (24) Yoyo Sibisi (26) Nozipho Tshabalala (26)
December Kgotso Schoeman (23) Victoria Maqosha (24)
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KAGISO TRUST FOOTPRINT
GAUTENG
Programme: KERPEF Beneficiaries: Sandwich Baron; Jimmy’s Killer Grill and Fish & Chips
MPUMALANGA
Programme: KERPEF Beneficiaries: Thembeka Sales and Logistics
Programme: Education Conversations Partner: University of Johannesburg Programme: KT Leverage Fund Beneficiaries: SACC Programme: Kagiso Trust Consultancy Client: Gauteng CoGTA
NORTH WEST
Programme: KERPEF Partner: Matrix Computers
FREE STATE
Programme: KERPEF Beneficiaries: OBC Chickens
KWAZULU-NATAL
Programme: BNSDP Beneficiaries: 166 schools
Programme: KERPEF Beneficiaries: Sparkling Auto; ACDC Electrical Supplies
Programme: KST Beneficiaries: 221 schools
EASTERN CAPE
Programme: EMSP Beneficiaries: 52 students including 2016 intake of 15 students
Programme: Beyers Naudѐ Memorial Lecture Beneficiaries: Nelson Mandela Metropolitan University
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