Kwabo Holdings (Pty) Ltd
Kwabo Holdings is a SPV that houses the equity of the Broad Based Black Economic Empowerment (B-BBEE) participants of ITHUBA.
Shareholders of Kwabo Holdings include:
The Disabled People of South Africa (DPSA) was established in 1984 as a Non-Profit Organisation to represent physically challenged individuals. DPSA is recognized at the National Assembly, and has observer status with the United Nations. The key objective of the DPSA is to promote and advance the human rights of all disabled individuals in South Africa. DPSA’s participation in the newly appointed National Lottery Operator will assist in generating revenue to advance its goals, objectives and programmes.
NEHAWU Lottery Investments is the investment vehicle for the National Education, Health and Allied Workers Unions (NEHAWU). NEHAWU was established over fifteen years ago and represents over 276 000 members. NEHAWU Investment Holdings (NIH) is wholly owned by the Tshedza Trust, which acts for the benefit of NEHAWU members.
NIH strives to externalize its new long-term growth strategy, “The Higher Ambition Strategy”, which forms the basis of its development towards being a leading broad-based industrial enterprise.
NEHAWU’S higher ambition platform follows the key objectives of the Government’s National Development Plan, which is the elimination of poverty and reduction of inequality among South Africans by increasing employment opportunities.
SDI was formed by and is the investment arm of South African National Civic Organisation (SANCO). It is registered as a Non-Profit Organisation, with its primary mandate being to facilitate sustainable development at community level. Its main focus is to fund programmes that assist in transforming the civic movement in South Africa from protest to development orientation through community initiatives and skills development. SANCO is a well-known civic movement and has a presence throughout South Africa, particularly in the rural and underdeveloped areas. SDI has a strong board made up of well-respected South Africans who will ensure that through proper governance structures, integrity and transparency; all benefits accruing from the operations of ITHUBA will be used to fulfil its constitutional mandate.
SAGDA is a non-governmental youth initiative, with the objectives to strengthen our civil society through the empowerment of graduates and ensuring work placement for graduates. SAGDA’s objectives include the following:
- Promoting Scarce & Critical Skills
- New Venture Creation
SAGDA has partnered with entities such as Universities and FET Colleges to facilitate the placement of unemployed graduates within the corporate and government sectors and has assisted over 200 000 graduates with secure internships, training and jobs with reputable companies