Vision and Mission
Vision
To establish a Women's Development Trust whose vision is to economically empower
previously disadvantaged people namely women. Women Development Trusts vision
is to establish a holding company who will become a leading, listed, broad-based
black economic empowerment partner to suitable companies operating in South
Africa
Mission
To create wealth for all shareholders by partnering with blue-chip local and
international companies looking for a meaningful empowerment partner To contribute
to broad-based black economic empowerment in the country
The Holding Companies mission is to:
Form synergies and partnerships with local and international companies wanting
to make meaningful contributions to the advancement of people from the previously
disadvantaged groups.
Actively add value to the companies it invests in, without interfering in
operations
Create meaningful employment for previously disadvantaged individuals
Create wealth for our shareholders.
Background and Purpose
Background
Generally, empowerment initiatives tend to benefit only a handful of recognised
black organisations or individuals. This has led to a concentration of economic
power among relatively few black businessmen and women. In only some instances
have economic empowerment and wealth creation been extended to include previously
disadvantaged individuals at grassroots level.
With this in mind, Inter-Africa Transport Corporation and its group
of companies chose an innovative route to empower all previously disadvantaged
people
In 2008 Inter-Africa Transport Corporation will establish the Women
Development Fund. Through a vehicle called Women Development Trust, this will
then enable previously disadvantaged people namely women to acquire a stake
in various companies purchased by the Trust and share in the wealth it creates.
Purpose
The purpose of Women Development Trust is to generate wealth for its shareholders,
inculcate a culture of investment among previously disadvantaged groups and
to create employment opportunities where employees from these groups can learn
new skills, which will in turn make them more marketable and prosperous.
An Education Trust will also be established to provide educational programmes
to Previous Disadvantaged Individuals who form part of the trust. The Education
Trust will concentrate mainly on skills development and Adult Basic Education
Training in order to improve the lives of all members who were never fortunate
enough to receive a proper education.
For any further Information please feel free to contact us.
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