Ithemba Lomnotho

Contact Person: Teboho Letseli
0833889340
Phone2: 0103501073
Sandton
Gauteng
Ithemba Lomnotho is a bursary management company that aims to be the bridge between South African youth and their futures. We offer a mentorship based workplace readiness program that offers students full support, while companies meet their skills development targets.

Full Company Profile:

Ithemba Lomnotho is a black female-owned company which aims to empower South African youth with the education and skills required to contribute to the growth of the South African economy. With regard to Skills Development, the new amendment to the Broad-Based Black Economic Empowerment Act requires that companies in South Africa spend 2.5% of their leviable income on Higher Education Bursaries. The current legislation has prioritised bursaries and made them compulsory for companies to fund them, in return, the companies gain points on the B-BBEE scorecard. Ithemba Lomnotho understands that complying with these new amendments shouldn't make a company deviate from its core business. Managing these new bursaries efficiently with a maximised success rate requires an entity, like ours, that can assist and ensure that the programme makes the positive impact that South Africa needs.

 

OUR ROLE

We recruit students to be funded, according to the demographics of the Economically Active Population (EAP)

We do induction for the new recruits

We manage the payment of tuition between the funder and the tertiary institution.

We ensure students have accommodation that is conducive for learning.
We meet the learners to provide support on a quarterly basis

We feature the funder as a sponsor on our website and various social media platforms

We have an accredited program enhancement element that enables students to succeed during their course of study and prepares them for the world of work

 

WHAT'S IN IT FOR YOU?

Full Points of the B-BBEE bursary element

Our skills programme can assist you to claim a part of the 6 points required for expenditure on learning programmes B-BBEE points on procurement spent on a black woman-owned entity

Social media and other publicity for the organization
Moving beyond mere compliance to nation-building and youth empowerment.

 

 
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