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| Education |
| Bursaries |
Due to the limited pool of
qualified black actuaries in South Africa, the
Trust has made a commitment to focus on awarding
bursaries to students pursuing this career. In
partnership with the South African Actuarial Development
Programme, the Trust provides financial assistance
benefiting 62 students studying towards Actuarial
Science qualifications. The Trust has also awarded
bursaries to 20 students pursuing careers in B.Comm
Risk Management and Business Administration at
University of the Witwatersrand, CIDA Campus and
TSiBA.
An internship and mentoring programme has also
been implemented for the benefit of students who
are currently in their third and fourth year at
university. |
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| Women |
| Zizanani Women’s
Sewing Project, Diepsloot, Gauteng |
| This project empowers unemployed
and unskilled women to use sewing as a means of
generating income. The women are taught dressmaking
and basic business skills. The project assists
these women to market and sell the garments they
have produced. The Trust has contributed towards
buying sewing machines, overlockers, sewing kits,
fabric as well as tables and chairs. The Trust’s
contribution enables these women to be more productive.
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| Alexandra Food Garden,
Alexandra, Gauteng |
| This is also an initiative
that seeks to ensure employment and sustainability
in that the women sell their produce to maintain
their families. Last year’s harvests were
successful and resulted in generating income for
the women. This project is a partnership between
the Johannesburg City Council (Social Services
Department) and Alexander Forbes through the Trust.
MaAfrika Tikkun coordinates the project on behalf
of the Trust. |
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| Khumbulani Craft,
Mpumalanga |
Khumbulani Craft is an income-generating
project aimed at contributing towards poverty
alleviation in rural communities through the production
and sale of traditional and contemporary crafts.
The project is implemented in 15 sites in Mpumalanga
benefiting more than 100 women in rural villages.
The wares that they produce are marketed and sold
in the USA, Israel, Norway, Australia, the UK,
Namibia and locally.
The participants are empowered through innovative
training and receive a monthly salary which is
proportionate to each individual’s production.
The funding from the Trust was used to purchase
equipment and material. |
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| Tshidimbini Bakery,
Venda |
Tshidimbini Bakery is an income-generating
initiative managed by nine women in Thohoyandou,
Venda. The primary objective of the bakery is
to supply the local community and general organised
institutions with bread and confectionery at cost.
They currently have a contract with the William
Eddie Maternity Hospital for the supply of bread.
The Trust contributed towards the renovation of
the bakery which included painting, buying a bread
roller machine and installation of a borehole.
These activities will contribute towards increased
production, thus generating more revenue to benefit
the women and their families. |
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