Our Empowerment Philosophy

WIPHOLD’s very existence and day-to-day operations are dedicated to one purpose: the sustainable economic empowerment of black women through strategic investments and strong shareholder returns.

To many organisations, this type of activity is considered ‘corporate social responsibility’. To us, it is our sole purpose and has informed every decision we make from the type of investments we make to the structure and shareholding of the group.

From the very outset, WIPHOLD’s founders identified the powerful social impact that could be achieved by focusing all our efforts on creating value that could be used to empower black women across the country.


This vision is encapsulated in our mission to:

  • Create and improve shareholder value.
  • Build sustainable business operations and a strong balance sheet.
  • Influence the economic landscape for the benefit of women.
  • Provide opportunities for talented young black female professionals to operate at senior levels in business.
  • Find creative ways to do business in impoverished rural and peri-urban areas that both empowers communities and grows the bottom-line of our company and that of our investee companies.

Our Impact

From humble beginnings with seed capital of only R500 000, WIPHOLD today commands an investment portfolio valued at more than R2 billion. The true measure of our success, however, lies in the more than R500 million distributed to shareholders and beneficiaries in our first 20 years.

Our unique model that established black women as direct shareholders of the group through the creation of the WIPHOLD Investment Trust and WIPHOLD NGO Trust (which jointly hold 33.6% of the group) has been instrumental in delivering on our empowerment philosophy.

Through these two entities, we make an impact daily on beneficiaries across all nine provinces in South Africa. These beneficiaries include designated groups, youth and disabled members of society.

The WIPHOLD Investment Trust has more than 1 200 direct and 18 000 indirect women beneficiaries, while the WIPHOLD NGO Trust has over 200 000 indirect women beneficiaries.

The stake that these trusts hold in WIPHOLD is fully paid for and is unencumbered, which means they receive the full benefit of the returns generated by our investments.


WIPHOLD Investment Trust


The WIPHOLD Investment Trust has more than 1 200 direct and 18 000 indirect women beneficiaries. The Trust is a 15.4% shareholder in WIPHOLD, with distributions to beneficiaries flowing from dividends as a result of this stake in WIPHOLD.

Beneficiaries receive 80% of each distribution, with the remainder donated to NGOs that benefit women and children. Since its inception in 1997, the Trust has distributed just over R106 million to the direct women beneficiaries and just over R26 million to various NGOs.


Should you know of a beneficiary who has passed away please request that her estate’s executor/s or family members contact our Trust administrator, Ms Faith Jabetla on the details below. There are still a large number of beneficiaries of the Trust, whose current addresses are unknown. If you do know any of these missing beneficiaries please contact Ms Jabetla giving her any details you have to enable her to make contact with the missing beneficiaries. All changes in beneficiary details should be forwarded to Ms Jabetla via mail to PO Box 87277 Houghton 2041; email to fjabetla@wiphold.com and telephone on 011 715 3577.

WIPHOLD NGO trust

The WIPHOLD NGO Trust, with an 18.2% shareholding in WIPHOLD, is a powerful instrument that enables the group to touch the lives of more than 200 000 black women through the various non-governmental organisations that make up the trust’s indirect beneficiaries. These beneficiary organisations include People Opposing Women Abuse (POWA), the Tshwaranang Legal Advocacy Centre (TLAC), the Mnquma

and Kwa Drabo Trusts, DENOSA (the nursing union), Sasbo (the banking union), the South African Council of Churches, the Makaota Development Trust and the National Baptist Church; amongst others. More than R115 million has flowed to these organisations from WIPHOLD’s investment activities.


NATIONAL BAPTIST CHURCH

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Makaota Development Trust

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Tshwaranang Legal Advocacy

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People Opposing Women Abuse

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Mnquma and KwaDrabo Trusts

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Democratic Nursing Organisation

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Tshepang Educare Trust

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Thandanani Foundation

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Women Development Trust Fund

WIPHOLD firmly supports the wisdom expressed by former President Nelson Mandela when he said: "Education is the most powerful weapon which you can use to change the world".

WIPHOLD therefore established the Women Development Trust Fund to provide financial assistance to black women and men from disadvantaged schools so that they could pursue a tertiary qualification.

The bursary, which covers the student's tuition fees, text books, accommodation and a monthly stipend, is open to young South Africans studying B Com Accounting, Chartered Accounting, Actuarial Sciences or Engineering.

The students are selected mainly on the basis of their academic achievement but consideration is also given to how they participated in their school community.

Download Our Bursary Form Here

Sponsorships


WIPHOLD is a proud sponsor of Mokgadi Caster Semenya, the South African middle-distance runner and world champion, who won gold in the women's 800m at the 2016 Rio Olympics, silver at the 2012 London Olympics, and gold in the women's 800m at the 2009 World Championships.

She is WIPHOLD's official brand ambassador and WIPHOLD has been sponsoring the world champ since October 2010.


As an active demonstration of our conviction of the importance of education and supporting the aspirations of South Africa’s youth, WIPHOLD hosts regular career awareness workshops at high schools around the country, targeting mainly rural schools. We have partnered with our investee companies and other organisations such as South African Airways, Air Traffic and Navigation Services, South African Women in Aviation and the Mlambo Foundation to provide a broad scope and areas of interest to the children.

WIPHOLD is especially focused on introducing learners to careers within the science and technology fields, which have traditionally been beyond the reach of many black learners.