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Cidaweb07.Pdf CIDA Empowerment Fund The CIDA Empowerment Fund ("CEF") has an “The education unmatched capacity to deliver an optimized, broad- offered at CIDA City Campus is based, black economic empowerment solution to designed to make companies operating in South Africa. students relevant, truly empowered, integrated citizens CEF: Your broad-based BEE partner of choice and leaders that are Offering South African business authentic broad-based Black Economic skilled and Empowerment whilst creating an endowment to educate financially equipped to build disadvantaged black South African youth the South African economy and society.” CEF: A One-stop solution to broad-based Black Economic Empowerment - President Thabo Mbeki, addressing • 100% black-owned and controlled Parliament, 2001 • Managed by black woman professionals • Meaningful and measurable empowerment through education and entrepreneurship “I believe the • 100% of beneficiaries designated black YOUTH students at CIDA • 60% of beneficiaries black WOMEN students are using creativity • National representation and lateral thinking skills to a • Strong corporate governance structures with independent board of remarkable degree.” trustees - Edward De Bono CEF: Empowerment you can quantify An R30 million investment in your company, generating a 5% dividend yield, will fund over 1200 CIDA graduates and inject an estimated R3.6 billion into the economy over 40 years. Empowerment you can quantify. CIDA Empowerment Fund CIDA Empowerment Fund “South Africa is inspired by the CIDA Empowerment Fund (“CEF”) is a 100% subsidiary of the CIDA vision of CIDA Empowerment Trust. Effectively a 100% black-owned and controlled Campus.” broad-based investment company, CEF was established with the sole - Wendy Luhabe objective of building a high yielding investment portfolio, to secure a sustainable source of annuity funding for the delivery of education through the CIDA Education Group. CEF is managed by a team of women “WOW! Even after investment professionals. an 18-hour flight to the US, I am still CEF seeks to acquire stakes in a mixture of high growth, highly cash high on CIDA! It was generative firms at attractive prices to build an endowment fund to finance one of the best days of my life! I can’t the education and empowerment of economically and socially disadvantaged wait to begin to tell black South African. This is delivered through the CIDA Education Group, the world about the the countries first and only virtually free, tertiary higher education institution. miracle in Johannesburg Such an endowment can only be achieved by investing in companies called CIDA. CIDA which generate superior returns and sustainable dividend flows. gives me a completely new Selecting CEF as a BEE partner, not only gives companies the opportunity optimism for Africa. And WOW!!!!!" to transform their businesses and remain relevant and vibrant, but also enables them to help transform and empower thousands of South Africans - Tom Peters, as a percentage of their dividend stream is used to fund the education author of Circle of Innovation and In and training of CIDA business students. Search of Excellence. CEF offers companies operating in South Africa a one-stop solution to broad-based BEE, encompassing the key areas of equity ownership, management control, employment equity, human resource development preferential procurement, enterprise development and corporate social investment. CIDA Empowerment Fund CIDA Empowerment Trust “The education offered at CIDA City The CIDA Empowerment Trust (“CET”) is a 100% broad-based black Campus is empowerment trust with the current and future black students of the CIDA designed to make Education Group as its sole beneficiaries, 60% of whom are black women students relevant, truly empowered, students, in accordance with the specifications of CET’s trust deed. The integrated citizens CIDA Empowerment Fund is a 100% subsidiary of the CIDA Empowerment and leaders that are Trust. skilled and equipped to build the South African economy and society.” - President Thabo Mbeki, addressing Parliament, 2001 “I believe the students at CIDA are using creativity and lateral thinking skills to a remarkable degree.” - Edward De Bono CIDA Empowerment Fund CIDA Education Group “The education offered at CIDA City The CIDA Education Group (“CIDA”) is a group of integrated higher Campus is education entities (including CIDA City Campus, CIDA Foundation College, designed to make CIDA ITC Academy, CIDA Banking Academy, CIDA Life Skills Programme students relevant, truly empowered, with a focus on Orphans, CIDA Connect Lab Call Centre Training Academy, integrated citizens the CIDA -Branson School of Entrepreneurship, the CIDA - Branson and leaders that are Incubator Facility, CIDA Eden Agriculture and Tourism College, etc.) skilled and equipped to build providing financially disadvantaged black South African youth with virtually the South African free, relevant, quality tertiary education in business and entrepreneurship. economy and society.” The CIDA Education Group believes that by educating South Africa’s - President Thabo youth, particularly women, in business and entrepreneurship, it can make Mbeki, addressing a significant contribution to the transformation of both our economy and Parliament, 2001 society. “I believe the students at CIDA are using creativity and lateral thinking skills to a remarkable degree.” - Edward De Bono CIDA Empowerment Fund CIDA City Campus “South Africa is inspired by the CIDA City Campus is a non-profit, private, higher education institution vision of CIDA founded in Johannesburg CBD in 1999 to contribute to the social and Campus.” economic development of South Africa by providing economically and - Wendy Luhabe socially disadvantaged students with access to relevant, quality, tertiary education in business and entrepreneurship. After four years of intense study, incorporating a foundation year, and both practical employment “WOW! Even after experience and community development work, graduates obtain a BBA an 18-hour flight to (Bachelor of Business Administration) Degree that is recognized by the the US, I am still Department of Education and fully-accredited by the South African high on CIDA! It was Qualifications Authority, the Council of Higher Education and the South one of the best days of my life! I can’t African Institute of Management. CIDA is assisting in building South Africa’s wait to begin to tell future generation of leaders. the world about the miracle in Johannesburg CIDA’s empowerment impact is meaningful and measurable. In 2006, called CIDA. CIDA CIDA graduates working in the market place will earn in excess of R100 gives me a million in salaries. Over the course of their careers, these graduates will completely new earn in excess of R3 billion. optimism for Africa. And WOW!!!!!" - Tom Peters, author of Circle of Innovation and In Search of Excellence. CIDA Empowerment Fund CIDA Structure “This is a dream come true for me. If it was not for CIDA, I would be home involved in crime, or doing nothing constructive. Here I am able to be somebody.” - Collin Maphutha, CIDA graduate, now employed at Standard Bank in Johannesburg “In my many years of tertiary education I have never come across a higher level of commitment, innovation and creativity being applied to a programme of adult learning, and the excellent use of available resources to match, as CIDA City Campus.” - Professor Nick Binedell, Director of Gordon Institute of Business Science, University of Pretoria CIDA Empowerment Fund Our Vision “South Africa is inspired by the A society in which all South Africans are empowered through relevant vision of CIDA tertiary education and training to become productive participants in our Campus.” economy. - Wendy Luhabe “WOW! Even after an 18-hour flight to the US, I am still high on CIDA! It was one of the best days of my life! I can’t wait to begin to tell the world about the miracle in Johannesburg called CIDA. CIDA gives me a completely new optimism for Africa. And WOW!!!!!" - Tom Peters, author of Circle of Innovation and In Search of Excellence. CIDA Empowerment Fund Our Mission “South Africa is inspired by the CIDA Empowerment Fund’s sole business objective is to secure a vision of CIDA sustainable source of annuity funding for the CIDA Education group, Campus.” enabling the latter to continue making a substantial contribution to the - Wendy Luhabe transformation of South Africa and the upliftment of thousands of impoverished South Africans through the provision of relevant education, skills development and business entrepreneur support. “WOW! Even after an 18-hour flight to the US, I am still high on CIDA! It was one of the best days of my life! I can’t wait to begin to tell the world about the miracle in Johannesburg called CIDA. CIDA gives me a completely new optimism for Africa. And WOW!!!!!" - Tom Peters, author of Circle of Innovation and In Search of Excellence. CIDA Empowerment Fund Our Shareholding Structure “South Africa is inspired by the CIDA Empowerment Fund is a 100% subsidiary of the CIDA Empowerment vision of CIDA Trust, the sole beneficiaries of which are the black students of the CIDA Campus.” Education Group. - Wendy Luhabe “WOW! Even after an 18-hour flight to the US, I am still high on CIDA! It was one of the best days of my life! I can’t wait to begin to tell the world about the miracle in Johannesburg called CIDA. CIDA gives me a completely new optimism for Africa. And WOW!!!!!" - Tom Peters, author of Circle of Innovation and In Search of Excellence. CIDA Empowerment Fund Our Strategy “South Africa is inspired by the CIDA Empowerment Fund has positioned itself as the Broad-based Black vision of CIDA Empowerment Partner of Choice for a mixture of high growth, highly Campus.” cashflow generative companies operating in the South African economy. - Wendy Luhabe “WOW! Even after an 18-hour flight to the US, I am still high on CIDA! It was one of the best days of my life! I can’t wait to begin to tell the world about the miracle in Johannesburg called CIDA.
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