The South Africa 's Transition Into Democracy Essay

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As the anti-apartheid struggle ramped up in South Africa in the 1980s, the Kagiso Trust was formed as a NGO to support the struggle against apartheid and to distribute funds from the European Union and other donors. This was to provide the uplifting and empowerment of disadvantaged communities in South Africa through various development initiatives. At this stage, the core focus of the Kagiso Trust was on “building partnerships and collaborations to strengthen the implementation capacity of people and organisations in development”[1]. Following South Africa’s transition into democracy in 1994, the Kagiso Trust refocused its goals and efforts on education [1], which is considered a critical component in the eradication of inequality.
As the first democratic elections in South Africa approached, Kagiso Trust Investments (KTI) was established in 1993 “as a vehicle to generate sustainable, long-term financial support” for Kagiso Trust programs[2]. In 2011, Kagiso Tiso Holdings (KTH) was formed through a merger of KTI and Tiso Group. At the time, Tiso Group was “one of South Africa’s leading black-controlled and managed investment firms” with successful shareholder relationships with major financial institutions in South Africa [2]. Through it, the Tiso Foundation was committed to the development of historically disadvantaged youth through various education programs[3].
The merger of these two investment groups “created a sizeable investment company of critical mass, with access
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