Case Study: Creating a knowledge-based economy

Science teacher 2

Nedbank invested over R20 million in 2012, towards its holistic school programme, known as the Fundisa programme. 

 The programme follows a two-pillar education intervention model where the first pillar focuses on education across an individual’s life stages, starting from early childhood development right through to tertiary education.

 The second pillar enables holistic support for beneficiary schools, resulting in a more effective school system.  

 The programme aims to build effective schools through infrastructure development, teacher training, building leadership capacity and providing classroom-based support.

 Initiatives under the programme include:

Learner and teacher maths and science programme

Now in its second year, the Nedbank Fundisa Maths and Science programme provides maths and science support for both learners and teachers in two of South Africa’s worst performing provinces: Limpopo and the Eastern Cape.

 The teacher-focused element of the programme includes a one-year Unisa programme.  Classroom based support includes intensive planning and reflection sessions, which enable teachers to carry out their responsibilities more transparently and effectively. 

 In 2011, the Nedbank Fundisa Maths and Science programme reached approximately 600 grade 10 – 12 learners and 42 teachers across 30 schools in Limpopo and Eastern Cape through an investment of over R4.5million.

 Subsequently, in the last matric results, the schools within the programme showed a steady improvement in their pass rates.  Nedbank has once again contributed over R4.5 million into the programme this year.

 School leadership and infrastructure

As part of the 2012 programme, Nedbank has also introduced a school leadership programme, a concept successfully implemented in the Western Cape; to build capacity among principals and deputy principals of the participating schools.

 In addition, Nedbank is renovating various schools in the programme to ensure that they have adequate infrastructure. The bank has set aside over R2 million on school leadership and infrastructure development.

 Career guidance

 The My Career, My Future programme offers career guidance to grade 9 to 12 learners from rural and township schools. The programme showcases more than 100 career choices available across 14 industries. More importantly, it enables learners to discover the academic as well as personality requirements for each career.

 Over the past three years, including 2012, the programme reached 112 000 learners at an investment of R13.8 million. The programme takes place at conveniently located Ster-Kinekor theatres across the country and includes accounting, law, entrepreneurship, mining and engineering, education, health, IT, construction and travel and tourism.

 Back to School Campaign

 The Nedbank Back to School campaign helps learners in rural communities and informal settlements across South Africa with basic learning resources.

 In 2012, over 2000 learners from disadvantaged backgrounds received uniforms, shoes, stationery, books and bags at an investment of R2 million. Last year, 1670 learners benefitted from this campaign at an investment of over R2 million.

Mobile laboratories and libraries

 Nedbank invested more than R3.6 million to provide innovative mobile laboratories and libraries to 63 disadvantaged schools across South Africa to enhance access to quality education.

 Matric revision programme

The Nedbank Matric Revision Programme reaches almost 100 schools across disadvantaged communities in the Eastern Cape, Northern Cape, Mpumalanga, Free State and Limpopo.

 Nedbank has invested R8 million to this programme in just three years. The programme focuses on key subjects such as English, maths, science and accounting.


Creating a knowledge-based economy

Lessons Learnt

Nedbank collaborates with government, communities, the private sector and non-profit organisations to unlock sustainable progress and success in South Africa’s hugely important education sector As an involved and motivated corporate citizen, Nedbank is thoroughly committed to uplifting educational opportunities and results in South Africa and has invested more than R200 million in integrated and holistic educational programmes over the past five years, mainly concentrating on learner support, teacher training, early childhood development and tertiary education. An example of a success story, which demonstrates Nedbank’s holistic approach to education is that of Sizwe Bhembe, who received support for a couple of years while at Mthombo Secondary School, Mpumalanga through Nedbank-sponsored tutorial programme, Penreach Maths and Science. Sizwe is this year studying at the University of Cape Town through the Nedbank Bursary Fund.