The trustees of the TSiBA Education Trust:

 

The founder of the trust, TSiBA Education, has appointed six trustees, one of whom is a member of the student body. The deed requires that this student representative is replaced annually in consultation with TSiBA and the student body. Subject to certain specific requirements there is no limit to the term of office of the other trustees.

 

•          Derrick Msibi : CA, Director of Old Mutual Asset Management

•          David Polovin: LLB, Independent legal practitioner

•          Karl Flowers: CA, Company director

•          Reyburn Hendricks: B Bus Sci (Actuarial Science) Company director

•          Heather Sonn:MSc, Global Commercial Banking, Barclays Bank Plc

•          Tracy Adams: TSIBA Student representative

 

Trust Executive:

•           Anthony Haggie:BSc( Eng) MBA, Company Director

Contact Details:

Tel: +2783 447 9372 fax +27 21 532 3924

Postal: address: PO Box 13071, Mowbray,7705

Email: ashaggie@mweb.co.za        

 

All of the above individuals perform their function on a pro-bono basis and have no financial interest in TSiBA Education Trust.

 

Current Investments:

 

Effective Intelligence (EI)

 

TET holds an equity share in a EI, a private company specialising in data solutions related to direct mail, data services, customer-centric programmes and specialised technology development.

 

Thembeka Capital

 

Thembeka Capital is a broad-based black owned and controlled investment management company that focuses on private equity and BEE transactions. The acquisition of equity was financed by means of a preference share issued to a private equity fund in the Old Mutual Investments group.

 

         

Funding for further transactions

 

As a result of a donation by BATSA, TET has access to a limited amount of unemcumbered risk capital for empowerment investments and has the capacity to partner with enterprises seeking a true empowerment partner.