Corporate Social Investment

South Africa faces many challenges to achieving its full potential. In addition to investing, growing and developing businesses, Medu Capital plays an active role in the promotion of quality education in the country.

For the vast majority of South African children, access to quality education remains elusive. As a result, Medu Capital partners with selected schools in under-privileged communities for the medium term to assist with improving the infrastructure and holistic student education and care at each of these schools.

To sustain Medu Capital’s corporate social investment programme, in 2014, the company has established a Medu Development Trust (Medu Trust) which invests in selected investment opportunities and directs any proceeds towards the goal of supporting education.

Since 2011, Medu Capital, together with the Medu Trust, (Medu Capital) has invested over R2.4 million in primary and high schools, situated and servicing under-privileged communities, in both the Gauteng and Northern Cape Provinces, South Africa.

Saulridge High School, Atteridgeville, Pretoria.

Medu Capital has formed a partnership with Saulridge High School, a no fee paying school in Atteridgeville, Pretoria. Medu Capital has been supporting the school since 2011. Over this period to 2016, Medu Capital has donated over R1 444 000 in support of the following initiatives:

  • Refurbishment of the Science Laboratory
  • Installation of paving in the school to improve the cleanliness in the school and reduce the amount of dust
  • Erection of a perimeter palisade fence and electric fence to enhance the security of the school following several burglaries and
  • Programme for extra lessons for Mathematics to improve the low pass rates in the subject

In addition, Medu Capital provides ongoing counsel to the school and its leadership to improve the quality of education at the school.

We are pleased that the school achieved an 85% matric pass rate in 2016.

Lethamaga Secondary School, Ramotse Village, City of Tshwane, Gauteng.

Lethamaga Secondary School is situated in the rural area of Ramotse Village, an area where some of the employees of a portfolio company, Vergenoeg Mining Company (VMC), reside.

In 2016, Medu Capital and VMC teamed up to build 12 new classrooms and provided furniture to the school. Medu Capital donated R206 000 for the purchase of furniture, white boards and books for the school.

Lebelo Primary School, Ramotse Village, City of Tshwane, Gauteng.

Lebelo Primary School is situated in the rural area of Ramotse Village, an area where some of the employees of a portfolio company, Vergenoeg Mining Company (VMC), reside.

Medu Capital donated R28 000 to purchase books for the library at the school.

Beacon Primary School, Colville, Kimberly, Northern Cape.

Medu Capital formed a partnership with Beacon Primary School, a primary school in an under-privileged community in Kimberly. Over the 5 years to 2014, Medu Capital has donated approximately R443 000 in support of the following initiatives:

  • Establishment of a library at the school. This included the procurement of books, software and management tools
  • Furniture items, including tables and chairs for the school
  • Security items
  • Various information technology equipment and
  • Equipment to maintain the school

William Pescod Secondary School, Kimberly, Northern Cape.

William Pescod is situated in Kimberly and caters predominately to the under-privileged communities in the area. Over the 2 years to 2016, Medu Capital has donated approximately R170 000 in support of the following initiatives:

  • Purchase of books and
  • Various information technology equipment such as projectors, computers, scanners

United Church School, Yeoville, Johannesburg.

United Church School, situated in the heart of Yeoville, Johannesburg, is a non-profit, Christian-based school that provides a safe and caring environment to over 500 children, offering excellent primary and high school education at an affordable cost to children from inner city and township communities.

In 2015, Medu Capital supported the establishment of the school’s library by donating books to the value of R125 000.