Established in 2006 as one element of Discovery Holdings’ black economic empowerment transaction, the Discovery Foundation is an independent trust that is investing at least R300 million in grants towards developing South Africa’s scarce specialist healthcare resources. Click here to download the Discovery Foundation Awards 2020 Application Brochure
Tshikululu provides fund management services including social investment strategy implementation, monitoring and evaluation, financial oversight, compliance and governance – for the Fund. The RMB Fund, which forms part of the FirstRand Foundation, focuses on Education for the Green Economy and Education for the Creative Economy. In both sectors, it supports a range of programmatic and […]
The Old Mutual Investment Group has invested in several renewable projects across three provinces. In 2017,Tshikululu was approached to assess the compliance and effectiveness of the socio-economic and enterprise development commitments of four of these Independent Power Producer renewable energy projects. Challenge:In 2017, the Old Mutual Investment Group invited a bid to undertake a due […]
Empowerment trusts aim to advance and promote the spirit of the South African Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice. More than a decade after the first empowerment trusts were established, many of these strategies to diversify ownership structures have been successful. Tshikululu manages empowerment trusts as part of these B-BBEE Codes of Good Practice to […]
In 2017, Tshikululu conducted a community needs assessment to establish the baseline data on skills training and employment in the John Taolo Gaetsewe district of the Northern Cape on behalf of the Trustees of the Hotazel Manganese Mine Education Trust (HMMET). Challenge:In 2016, the Trustees of HMMET noted an announcement by the national Department of […]
The FirstRand Empowerment Foundation (FREF) was established in 2005 as part of the FirstRand Broad-Based Black Economic Empowerment (B-BBEE) transaction. In 2016, Tshikululu provided the FirstRand Empowerment Foundation (FREF) with a comprehensive due diligence review of its partners and provided the assurance the Foundation required to invest in these organisations Challenge:In 2016, the FirstRand Empowerment Foundation […]
The FirstRand Foundation is one of the oldest clients in Tshikululu’s stable. In 2013, due to FirstRand’s performance as a group, the Foundation’s annual available funds began growing substantially. Tshikululu, in partnership with FirstRand, devised an entirely innovative way of carrying out social investment through its Systemic Social Investment approach. Challenge:In 2015, the FirstRand Empowerment […]
Whether used to boost skills sets or provide access to further education for those who show academic potential but lack the means, bursaries have effected profound change in the lives of recipients in South Africa. A sustainable, student centred approach is applied when conducting bursaries through Tshikululu which enables better pass and throughput rates. In […]
The Discovery Foundation is an independent trust with a clear focus to strengthen the healthcare system by ensuring that more people have access to specialised healthcare services. As one element of Discovery Holdings’ black economic empowerment transaction, the Discovery Foundation has over the past 13 years surpassed expectations and invested R234 million in grants to […]
The Limpopo Rural Schools Programme is a long-standing programme established in 1974 and run by the then Anglo American and De Beers Chairman’s Fund. It represents a shared vision between the De Beers Fund and the Limpopo Department of Education and aims to provide quality infrastructure to enhance the quality of education. Tshikululu provides ongoing […]
A sustainable, student centred approach is applied when conducting bursaries in Tshikululu; this enables better pass rates and throughput rates. Tshikululu has a wide range of bursary management experience as follows: Challenge:After almost three years of funding a targeted education programme in Makhanda (Grahamstown), the Vestas Empowerment Trust wanted to review the extent to which […]
Absa Bank Limited launched its Shared Growth strategy in 2016. Absa’s Shared Growth commitment, based on Harvard Business and Michael E. Porter’s principles of creating Shared Value, is to make a difference and to uplift communities in which it operates whilst creating value for its shareholders To ensure integrity and impartiality, Tshikululu was hired in […]