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Soul City Soul City Broad Based Empowerment Company
Home arrow Our Financial Structure arrow Relationship to Soul City Institute Wednesday, 21 November 2018
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Relationship to The Soul City Institute PDF Print E-mail

The Soul City Institute is the sole shareholder of SCBBEC.

SCBBEC is the Soul City Institute's first initiative to secure its long-term future by moving away from total dependence on donations.

The company raises finances by obtaining stakes in companies operating in South Africa as a value-adding broad-based empowerment partner.

The returns on the investments generated by the SCBBEC flow directly to the Soul City Institute.

In effect, the SCBBEC is building up an endowment of equity on behalf of the Soul City Institute.

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