From August 23 to September 4, Shared Interest’s25th anniversary delegation traveled to South Africa and Malawi to take stock of the countries’ progress and challenges, and a quarter-century of Shared Interest’s work.  In additional to historic sites such as Robben Island, they visited Shared Interest program partners and gathered input for the organization’s new strategic plan for the next five years. 

The trip began in Cape Town, where the group met with former Constitutional Court Justice...

Driving Change Together

 In Focus readers will remem­ber the innovative Sihlangene Bus Company in Richards Bay, KwaZulu-Natal, organized when two taxi cooperatives (Nhlabane and Mbonambi) entered into an agreement with the black-owned Trans-Tugela Bus Company. (“Sihlangene” means “We are Together.”) When I visited the company in August, Sihlangene had already progressed to the next stage of its business evolution. Having received a loan for ZAR 25,093,168, with the help of a Shared Interest guara...

 “You can’t start a business with a contract,” observed B.T. Gumede, the driving force behind the Sihlangene Bus Company. “You need money for tires, diesel, buses. The bank said, ‘Hey guys, we don’t trust you, but we have someone we can trust overnight’” Mr. Gumede turned to the Shared Interest and Thembani visitors, saying, “Thank you. Without you we couldn’t start our business…And we look forward to going ahead.”

With a R10,000,000 Shared Interest guarantee, and some collateral of their ow...

Our friend Ahmed Kathrada was a timeless and tireless warrior for justice and human rights.  We and the world must carry on his legacy.

With South Africa and the world, Shared Interest deeply mourns the loss of Ahmed ("Kathy") Kathrada - a gentle but fearless warrior in the struggle to end apartheid and establish a just society rooted in human rights.  After spending 26 years in prison - 18 of them on Robben Island with other Rivonia trialists, including his friends and mentors Nelson Mandela and...

This article was published by GREENMONEY  JOURNAL, covering sustainable business and investing since 1992.  

             

Twenty-two years ago, when apartheid fell, South Africa pointed the way from disinvesting to reinvesting in one of the landmark nonviolent social transformations of our time. A number of international investors decided then to put their money to work in building a more equitable South Africa. Today South Africa is the largest impact investment mar...

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With your generous support, thousands more Southern Africans this year will gain access to local capital, secure livelihoods and hope for a better future.

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