Be the change we want to see

Alexforbes is aiming to become part of communities and help improve social conditions daily rather than

Hloni Mphahlele Head of Transformation –Alexforbes

“In an article featured in our 2023 Annual Retirement Fund survey, we look at the need for businesses operating in South Africa to be cognisant of the socio-economic challenges our country faces. We have decided this year to focus on the social impacts of our business,” said Hloni Mphahlele, Head of Transformation at Alexforbes.

“We are living up to our intent of making a positive impact in society through various

Last year Alexforbes launched a transformation policy to make an impactful contribution to the sustainability and relevance of the asset management industry in South Africa. The policy has set transformative criteria for supporting and selecting asset managers and stockbrokers. An emphasis on gender diversity will ensure that more black females are included in critical strategic and investment decision roles.

“Our sponsorship of the Alexforbes ArchAngel team positively impacted society by helping underprivileged youth from the Royal Cape Yacht Sailing Academy to achieve their dreams of racing in the iconic Cape2Rio Yacht Race.” The team achieved an admirable third place, showing that the impossible can be made possible with enough support.

Over the past decade Alexforbes Community Trust has helped community-based organisations with grants aimed at caring for and supporting vulnerable children, people with disabilities and orphans. The Alexforbes Community Trust constructed 90 vegetable green tunnels around Gauteng, Limpopo and Mpumalanga, which are used by the communities for sustenance and income.

“We also support small enterprises by offering them accommodation in our building to ease the burden of office rental and focus on the growth of their businesses. As South Africa’s largest investments multimanager, we help drive change across the investment management industry, with a particular focus on transformation, ESG and impact investing.”

Alexforbes recently launched I Am Impact, an employee volunteering platform with For Good which connects people to good causes. It will allow employees to give of their time by tutoring, offering business expertise, or donating goods or money.

“We are looking to network with other companies if we identify a cause we want to support that needs broader assistance,” said Mphahlele. “Instead of a once-off like Mandela Day, we want to make doing good become a way of life – be of impact.”