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Economic Development

South Africa’s unemployment rate is currently 24.1%. Entrepreneurship is one area that has been identified as having potential to address the unemployment issue. However South Africa has one of the lowest levels of entrepreneurship in the world with entrepreneurs contributing around 35% of GDP compared with 60% in countries like India and Brazil. As a firm we are committed to improving the lives of all South Africans by encouraging the economic participation of disadvantaged individuals and communities.

We have partnered with Shanduka Black Umbrellas and Afrika Tikkun who have programs address the unemployment crisis by supporting emerging black businesses through mentoring and Entrepreneurial Development Programmes.

The Millennium Development Goals’ Target 7A and B, talk to the development of policies and programmes that reverse the loss of environmental resources and reduce the loss of biodiversity respectively. Our approach to environmental sustainability is through working with agencies tasked with ensuring our country does not suffer the loss of biodiversity. This is done through training of those agencies responsible for biodiversity protection and management. This equips law enforcement officials with the specialised knowledge and skill to combatthe illegal trade in wildlife specimens and promote inter-enforcement agency networking. We support the Endangered Wildlife Trust to train officials on international trade law compliance and enforcement.

We also provide opportunities for our partners and staff to participate in social, economic and environmental initiatives through our employee volunteerism program. On Mandela Day we painted the perimeter fence and paved the driveway at the Afrika Tikkun centre in Orange Farm. In Cape Town we organised a fun day for children from the Saartjie Baartman Centre for Women and Children, which is a one-stop centre for women and children who are survivors of abuse. 

Click here for photographs of our CSI activities.