Why Be Our Partner
Partnering with the JB Marks Education Trust Fund means joining forces with one of South Africa’s prominent educational bursary programs. Through this partnership, you are investing in the future of our country, showcasing South Africa’s potential. Your collaboration will directly contribute to the empowerment of previously disadvantaged South Africans through education. Rest assured that you are joining hands with a Trust that upholds integrity, transparency, and equality as its core values. Let’s work together to support more South African children in achieving their aspirations. Many deserving applications are currently being turned down due to financial constraints. With your support, we can transform these rejections into acceptances.
Especially in a time marked by #FeesMustFall, the significance of education costs in this nation has never been more pronounced. Help us support South African students in need.
Contact JB Marks, Principal Officer at Jako@jbmarksedutrust.co.za
Mineworkers Investment Company (MIC)
The Mineworkers Investment Company (MIC) is a 100% BEE Investment Company established in 1995 by the Mineworkers Investment Trust (MIT) to create a sustainable asset base for the benefit of National Union of Mineworkers (NUM) members in the mining, energy, metal, and construction sectors and their dependents.
MIC identifies and invests in long-term cash-generative assets, which can generate sustainable dividend flow. The dividends ensure ongoing funding for the Trust’s social and educational projects.
Since 1995, MIC has invested in companies of all sizes and across various sectors, including financial services, health, leisure, business services, industrials, technology, and media. However, MIC always seeks new investment opportunities, particularly in highly innovative and original ventures.
MIC provides more than just funding. MIC is an active equity partner, and beyond simply providing capital, it offers strategic, board-level guidance on corporate governance and transformation.
In the last 29 years, MIT has paid more than R700 million in dividends directly to MIT. MIT has, in turn, channelled these funds into various social development programs, including education and training, poverty alleviation, and micro-enterprise development. MIC also adds further value through small business support, supplier development, and education projects of its own.
MIC has a net asset value of over R5.0 billion and has disbursed over R700 million to MIT over the past 29 years, which has, in turn, advanced the money to fund its social development programs. This has funded over 3230 beneficiaries through tertiary education under the JB Marks Education Trust Fund, over 600 per annum with workplace skills development through the Elijah Barayi Memorial Training Centre, and facilitated poverty alleviation and reskilling for many thousands more in rural areas through the work of the MDA.
MIC believes in total professionalism and absolute integrity in pursuing capital growth and sustainable income. Severely disadvantaged groups look to them for help. MIC behaves at all times with a sense of responsibility to its stakeholders at all times. The values that drive the company are:
- Commitment to transformation
- Fostering a supportive team culture
- Act with integrity
- Mutual respect
- Social Consciousness
- Striving for excellence
Transformation is at the heart of why and how MIC does business. It seeks continued improvement in BEE status through its business and the companies it invests in. It is an ‘active equity partner’. This is reflected in the value they add as an investor and by active engagement in transformation work.
Mineworkers Development Agency (MDA)
The Mineworkers Development Agency was founded by the National Union of Mineworkers in 1987 as a response to more than 50 000 job losses as a result of the three weeks strike (which aimed at improving the working conditions and socio-economic status of the workers), with a sole mandate of providing alternative socio-economic livelihoods for former mineworkers and their communities in labour sending areas and Southern African Development Community (including former homelands, Lesotho and Swaziland. The MDA was subsequently registered as a Section 21 Non-Governmental Organisation in 1995 and is currently a Public Benefit Organisation under the SARS Income Tax Act of 1962).
Strategic goal: “To provide integrated development solutions through Social and Labour Plan (SLP) implementation, charters and partnerships.”
To date, the organization’s interventions have touched the lives of over a million people.
The Mineworkers Development Agency’s mission is to create brighter futures. It measures progress by the number of new livelihoods it creates in areas of endemic poverty. MDA projects build self-reliance and assure food security. To maximize the impact of various interventions, the agency typically works in tandem with corporate CSI programs, NGOs, and foreign donors.
Initiatives range from educational work to create access to social grants for the very poor to permaculture gardening and community gardens for improved food security, targeted help for emerging farmers, assistance for micro-enterprises, capacity building among community organisations, TB testing, and community-level healthcare.
Programs are not restricted to South Africa. The MDA is also active in Lesotho and Swaziland.
EBTMC Artisan Academy
In 1993, the National Union of Mineworkers National(NUM) congress adopted a resolution to establish a Training Centre named after Elijah Barayi, a stalwart in the struggle for democratic rights in South Africa.
The Centre is a non-profit organization and operates as a vehicle for the training and development of shop stewardship and leadership.
EBMTC is registered with the Department of Trade and Industry as a section 21 entity. Within the EBMTC business, they offer ETDP-accredited courses in the Trade Union Movement, of which the Hospitality Service is a pre-requirement to roll out courses successfully. EBMTC offers services in catering, accommodation, and conference facilities to any organization requiring the services.
Mission
To Facilitate and Manage State-of-the-art Centres of Learning and to
provide approved and Accredited Training Programmes to the Labour movement and communities
Vision
To Empower the working class to reach their full potential through Quality Education and Skills Development Programs.
Values
- Excellence
- Integrity
- Honesty
- Respect
- Accountability
- Quality & Professionalism
Legal Mandate
Provide Education, Training, and Skills Development programs to the Working Class
NUMPROP
NUMPROP is a property-owning and management company founded by the National Union of Mineworkers (NUM) via the Mineworkers Investment Trust (MIT). It has eight (8) directors who fairly represent the shareholder’s various structures and relevant skill bases.
NUMPROP is a broad-based economic empowerment company established by the Mineworkers Investment Trust (“MIT”) to achieve objectives relating to Broad-based Black property participation. Mineworkers Investment Trust (MIT) is the sole shareholder of NUMPROP (Pty) Ltd.
SATRI
The Sam Tambani Research Institute is a Public Benefit Non-profit Company registered in 2012. The idea of establishing the institute was perceived jointly by the National Union of Mine Workers (NUM) and Mineworkers Investment Trust (MIT). It arose from the need to consolidate NUM efforts to ensure that workers get a fair share of what they produce which enables them in turn to improve their livelihoods. It was recognised that interventions aimed at improving workers and their families’ welfare had become complex and required a great deal of factual information. SATRI would be responsible for gathering and analysing such information through its targeted research agenda.
