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Capitec Bank: Enterprise Development
Posted by Daniel Makhura on 25 July 2017 8:45 AM SAST
More info about the above
Capitec Bank is satisfied that it has been able to maintain a full score for enterprise development on its BEE scorecard. This has been achieved through fi nancial support extended to empowered suppliers.
Financial skills programme A percentage of the bank’s CSI budget is allocated to its financial skills programme which is offered to businesses and communities. The bank believes that, regardless of a person’s technical skills, everyone needs budgeting skills, a financial and retirement plan, etc. There is a critical need for ancillary educational life skills, and the workshops are suited for all people. The theory is backed with practical and relevant examples covering daily issues.
The financial skills programme consists of a short course in personal fi nancial skills and workshops that are based on the short course. The short course is presented by the Centre for Business Management at the University of South Africa (Unisa) on NQF level 5, and students earn 12 SAQA credits. The workshop is a structured, targeted education and learning programme intended to support national initiatives such as the National Skills Development Strategy.
