Investing in the transformation of South Africa
At Futuregrowth we know that transforming South Africa is about a lot more than scorecards and tick boxes and so when considering what is required for transformation we include the impact our business and investments have on the broader environment in which we operate.
Our two focus areas are:
1. Internal transformation
The transformation of our business to reflect the racial and gender diversity of our country. View our latest BEE certificate.
Financial Sector Code Scorecard
We have moved a step closer to regaining a greater than 50% effective black share ownership
On 3 March 2022 we announced the acquisition of 21.2% of Futuregrowth shares by a special purpose vehicle owned by AIH and AIH Capital (Pty) Ltd. All conditions precedent have been met, and Futuregrowth now has a 52.2% black share ownership.
Read: Futuregrowth gains substantial black shareholder
2. External transformation
The impact that our business and investments have on our clients, communities, the investment industry, capital markets and the economy as a whole. This includes taking our role as responsible investor seriously to our many products dedicated to the development and empowerment of South Africa and its people.
Read About Our Road To Transformation
View our transformation journey in numbers
Graduate Acceleration Programme
Learnership (GAP) & TSIBA
We recognise the need to encourage skills transfer which best takes place within the workplace. We therefore participate in the Old Mutual GAP and TSiBA bursary programmes. Both of these programmes offer opportunities to students to further their careers within the financial services industry.
"We have been working extremely hard on all aspects of the scorecard to make sure that we contribute to the achievement of an equitable society in this country."
