Impumelelo 14th Edition

Page 105

FINANCE | INSURANCE | INSURANCE BROKERS | ADVERTORIAL

Mpumalanga Department of Education (MDE) by repairing a school after it was damaged during a storm in 2010. We adopted a school i.e. Lodirile Secondary School based in Mogale City, in partnership with the Adopt a School Foundation in 2012. The school was provided with mobile science labs as well as training for maths, science and accounting teachers. Furthermore, a career day was hosted at the school where the learners were exposed to various careers. These interventions have assisted the school to achieve a 95% pass rate in 2012. We have committed to keep the school for a further two years and maintain the same standard of pass rate.

Name Cedric Monwabisi Masondo Occupation and position Insurance Executive; Managing Director at Sasria SOC Ltd First job Trainee Manager, NBS Bank/Durban Best advice and who gave it “You must know when to shut up, especially in a meeting” – Giusy Gianni (ex colleague at Alexander Forbes) Best business book read this year None, planning to read at least two books during my next leave in August Most inspiring business leader Sipho Nkosi (CEO of Exxaro Resources) Fitness goal My goal at the moment is to consistently go to the gym at least four times a week

on Maths, Science and Accounting. The district achieved an overall pass rate of 70% and is now the top district in their cluster. In order to increase our reach and further improve maths and science skills, the Ennerdale district will be provided with a maths and science intervention programme, about 5 schools and 80 top performing learners will be reached. A need has been identified to extend the maths and science intervention to other provinces. This initiative will start with building capacity within the

selected province in the first year; and then be supported for a second year to ensure traction and continuity. The aim is to target a district within a particular province as this has proven to reach more learners and is more cost effective. The focus in each province will include infrastructure development and leadership development over and above focusing on maths and science intervention. The desired outcome is for each district supported to produce 80% matric results following the intervention. In 2013, we will make a footprint in KwaZulu Natal, where two schools within a particular district will be identified and the same strategy will be applied. We aim to reach all provinces in the next 5 years. We believe that education is only meaningful with the correct resources. To this end, Sasria invests in the infrastructure of schools, in partnership with the Gauteng Department of Education. To date, we have renovated 3 schools in Gauteng. A further infrastructure investment was embarked on in partnership with the

Broad-Based Black Economic Empowerment We aim at contributing towards BroadBased Black Economic Empowerment (B-BBEE) by identifying black-owned small business enterprises and providing them with business skills, improving their business profile, and channelling business to them. This initiative is aimed for the next 5 years. We procure services mainly from service providers with a level 4 and higher B-BBEE rating. Currently, over 70% of expenditure is channeled to level 3 and higher service providers. We aim to be a level 1 B-BBEE rated organisation by the end of our financial year. This requires us to be more aggressive in our procurement processes to ensure that we procure from the empowered service providers. Contact Information Tel: +27 (0) 11 214 0800 Fax: +27 (0) 11 447 8630 Email: info@sasria.co.za

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