Vuwa corporate social investment
As an involved, patriotic corporate citizen, Vuwa reinvests in many corporate social investment projects. Like all of our investments, opportunities must conform to our code of conduct, ethics and strategy in terms of viability and potential.
- AMADLELO AGRI DAIRY PROJECT:
With the help of South Africa’s dairy farming community, the Amadlelo Dairy Project is pioneering transformation and creating sustainable dairy farming enterprises in local communities. Vuwa has invested a 35% stake in Amadlelo Agri to ensure the success of the project.
Started in 2004 by a group of 70 commercial farmers, Amadlelo began with the goal to positively address the land tenure status.
The project began with a training facility, which was established at Fort Hare University. This facility trains dairy farmers, teaching managers and historically disadvantaged farmers in the operation of modern dairy farming systems and equipment. As well as other subjects such as farm management, and cost control.
Over the next 5 years, Amadlelo has ambition to build on the success of the project by investing in more local joint ventures, establishing and supporting more local dairy farmers and continuing to train communities in the art and science of dairy farming.
- EDGE GROWTH:
Edge Action Fund
Edge Growth manages the ‘ED Action Fund’, an ED fund that caters for investors who do not wish to set up their own fund structure to manage their ED spend, yet desire to invest their money in sustainable SMEs that will generate social value.
Edge Growth identifies SMEs run by passionate and promising entrepreneurs and assists them with business plan development and to run their business successfully. Edge Growth acts as a conduit connecting various investors to one initiative.
Vuwa supports the Edge Action Fund. Cathy Goddard, Vuwa’s Chief Investment Officer, is a trustee and provides valuable time and expertise in support of its vision.
- UMLAMBO FOUNDATION:
Umlambo Foundation is a non-profit organization that contributes to the national effort of improving the quality of education in South African public schools. The Foundation first engages with the principals of selected schools, affording them scholarships to undergo further academic training centred on leadership and management capacity building, followed by a structured mentoring and coaching relationship.
Umlambo Foundation is the creation of the former Deputy President of South Africa, Mrs Phumzile Mlambo-Ngcuka, and was established in October 2008. The intention was to contribute to the national effort of improving the quality of education in the most disadvantaged rural and suburban schools. The driving objective of Umlambo Foundation is building human resources capacity by providing quality education, thereby ensuring that schools are turned into centres of excellence.
The Foundation is geared to have a positive impact on the schools it has adopted. Therefore the number of schools adopted is deliberately kept low in order to maximize the quality of service provided. Proper research methodologies and evaluation mechanisms are used in order to ensure the technical support provided to individual member school is responsive to needs. This in turn results in sustainable improvement and a high quality of teaching and learning, coupled with excellent learner results.