Impact SA

Community & Impact

Ways for business sector to build resilient communities

By Nozizwe Vundla, head of the Sanlam Foundation In the past decade alone, Sanlam has invested around R630 million in the financial resilience of Africans. We believe the business sector has a responsibility to holistically support communities to be sustainable in the long-term. This requires a 360-degree approach which empowers people to empower themselves. Ultimately, […]

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The importance of funding the rise of the female-led digital economy in Africa

by Janade du Plessis, Head: Alternative Equity Investments; and Kashira Naidoo, Analyst: Alternative Equity Investments at Nedbank CIB When it comes to making good business decisions, representation matters. Always. The acknowledgement of this truth is what has led to the wide-ranging racial transformation of businesses across South Africa over the past 20 years, albeit with

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South Africa’s major new ‘transformation’ law is coming – what you need to know

The Department of Employment and Labour has published a notice indicating that it plans to introduce the Employment Equity Amendment Bill to the National Assembly. First announced by Labour minister Thulas Nxesi in July 2019, the bill promises to make a number of significant changes to the country’s employment equity laws. At the time, Nxesi said that

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Samsung South Africa launches new Equity Equivalent Investment Programme initiatives

Samsung South Africa has announced its EEIP (Equity Equivalent Investment Programme) plans, aimed at empowering previously disadvantaged South Africans, with a focus on women and youth in the ICT sector. The programme initiatives are set to strengthen black economic empowerment through enterprise development, thus boosting economic growth and job creation. The programmes are formulated to

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FirstRand Founders share how they forged a successful company as they step down as RMH board members

To bid farewell to people who founded a company that later gave birth to FirstRand, one of the biggest companies on the JSE, Monday 6 July was supposed to be a night of expensive cocktails and maybe even fireworks at RMH. But after saying their goodbyes to fellow board members, all that Dippenaar and Harris

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BCX’s transformation strategy makes real changes to the lives of the previously disadvantaged

The national broad-based BEE (BBBEE) strategy was born out of the constitutional requirement for previously disadvantaged individuals and entities in SA to allow for equal access to the economy. It comprises three measurable components, namely direct investment, human development and employment equity, and indirect empowerment. The BBBEE scorecard for each SA company indicates the measure

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New map by Tshikululu tracks social investors’ response to COVID-19 in SA

Pilot map begins to tell the story of how South African social investors responded when the country needed them most. The COVID-19 pandemic is an unprecedented crisis in South Africa which has resulted in an unparalleled response from all sectors in society including the state, Non-Governmental Organisations, social investors, foundations, companies, funders, individuals and development

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