Focus Areas

FOCUS AREAS

For a more impactful CSI, our programme is focused on two main sectors which are aligned to our mandate and priorities of the country.

Education and Skills Development

Education and skills are critical to the eradication of poverty and inequality. They are also key in building skills required to grow the economy and create jobs.  Much has been done to improve the quality of education over the past twenty-six years by the democratic government however the quality of education in disadvantaged areas still needs to be improved.  Statistics show that South African children are performing below par compared to their counterparts in other countries including those in other African countries particularly in Mathematics and Science.

 

There is also a mismatch between the training offered at TVET Colleges and skills required to grow a sustainable economy.  Two specific areas are targeted for support as outlined in table 1 below:

 

AREA DESCRIPTION
Basic Education Primary Schools’ intervention to focus on strengthening Early Childhood Development programme as this foundation is critical for the development of much needed numeracy and literacy skills to allow the individual to later excel in life. Literacy and numeracy skills form a foundation for good quality education.
Technical Vocational and Education Training (TVET) Colleges

TVET Colleges are preferred training providers for skills programmes particularly in the engineering sciences, other scarce-skill and rapidly-changing areas.  There is a dire need for lecturers to keep up with, and be trained in the latest technological innovations and trends in line with industry requirements.  Focus will be on providing support to these colleges to ensure that they have the capacity to provide appropriate training.

Entrepreneurship Development

The CSI department will establish partnerships with stakeholders (public and private corporations, Foundations and NPOs) to leverage funding and resources to maximise impact and share the risk. We will look for opportunities to support corporation’s strategic projects including SME Direct in partnership with Small Business Finance and Regions business unit.

 

The focus will be on the following:

 

  • Entrepreneurship Skills
    Support initiatives that provide entrepreneurship skills development prioritizing youth and women.

 

  • Community Development
    Support innovative models for grassroots initiatives that serve to sustain individual livelihoods through income-generating projects and job creation.

Consumer Education

CE has been introduced to the B-BBEE scorecard as part of the Financial Services Code of Good Practice. CE includes programmes that are aimed at empowering the broader consumer with knowledge to enable them to make more informed decisions about their finances and lifestyles, including the financial health of their business ventures. IDC will focus on supporting initiatives that provide financial literacy and consumer training to small / micro businesses.

Special Projects

Initiatives that are outside the focus areas will also be considered. Only exceptional requests addressing a major unexpected issue of importance such as natural or humanitarian disasters will be considered. Such requests shall be approved by Exco.

Employee Volunteering and Giving (EVG)

EVG Programme offers various volunteering opportunities to staff, promoting a culture of volunteerism, aiding social development, encouraging community involvement, enhancing employee morale and creating a corporate brand that reflects responsible corporate citizenship. Volunteer opportunities and community events provided employees with a unique sense of purpose and an enhanced sense of pride to be associated with/ work for a socially responsible employer.

 

This is done through two main initiatives:

 

 

TVET Colleges are preferred training providers for skills programmes particularly in the engineering sciences, other scarce-skill and rapidly-changing areas.  There is a dire need for lecturers to keep up with, and be trained in the latest technological innovations and trends in line with industry requirements.  Focus will be on providing support to these colleges to ensure that they have the capacity to provide appropriate training.

 

 

I DO CARE PROGRAMME
 

A payroll giving and matched funding programme wherein employees voluntarily donate part of their salaries monthly. The corporation then matches employees’ contributions 3:1 and allows members of the fund an annual opportunity to nominate organisations of their choice as beneficiaries. Successful beneficiary organisations are selected based on an annual theme as selected by the programme committee, comprising of CSI and Human Capital Business Partners teams.

 

CORPORATE VOLUNTEER INITIATIVES
 

Through partnerships, associations and collaborative efforts, the corporation identifies volunteering initiatives for employees’ participation throughout the year. These include support for national activities such as:

  • Volunteering of employees’ time, skills and resources in support of community and philanthropic initiatives such as International Mandela Day activities and World Hunger Month meal packaging events.
  • Fundraising and awareness campaigns such as Casual Day in support of people with disabilities and Reach for a Dream’s Slipper Day in support of terminally ill children.
  • Donations made by employees in support of identified causes such as Women’s Legacy Programme where female employees donate sanitary pads in support of the Girl Child and the Interview Closet project where employees donate corporate clothes to benefit youth from previously disadvantaged communities who are attending job interviews and entering the world of work for the first time
  • Mentorship and workplace exposure programmes where employees volunteer to host/ mentor learners and provide career guidance, general support, access to resources and opportunities and workplace exposure (in some instances). These programmes generally include initiatives such as Cell C’s Take a Girl Child to work day and the IDC Mentorship programme targeting learners from the IDC adopted schools

 

Footprint

IDC’s CSI has a national footprint with a special focus on poor and rural areas.  Within these locations, priority is given to the following:

 

  • Rural areas, informal settlements and townships;
  • Initiatives around or within communities of IDC funded clients/ projects and strategic investments; and
  • Government development priority areas.