Kagiso Trust's InBrief Magazine - December 2017

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

07

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

18

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

23

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.

4

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

2

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.

5

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

8

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

10

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

11

Our commitment is to support strategic capacity development to support non-governmental organisations, community-based organisations and local government

18

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

13

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

14

“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.

15

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.

16

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)

18

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

19

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

21

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

22

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.

23

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

24

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.

25

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

26

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)

27

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

24