Impact SA

Community & Impact

COVID-19 reveals the fragility of our world – Absa’s COVID-19 efforts

The global pandemic has laid bare risks we have ignored for decades: inadequate health systems; gaps in social protection; structural inequalities; environmental degradation; and the climate crisis. Entire regions that were making progress on eradicating poverty and narrowing inequality have been set back years, in a matter of months. Those were the words of United Nations […]

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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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Passionate Women Entrepreneurs of the Sanlam ESD Programme

In a recent report, it is estimated that over 55 000 small and medium-sized enterprises (SMEs) will have to close their doors due the wide-reaching effects of the pandemic and lockdown. With South Africa’s  struggling economy, SME sustainability is an important cog in the country’s recovery. Corporates can contribute meaningfully by transferring skills and funding to

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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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