TSIBA Business School

I was born in Johannesburg, South Africa. 

Moved by the plight of millions of young unemployed black South Africans oppressed by Apartheid policies, I co-founded TSIBA aged 21 (2004). This business college empowers black people historically excluded from higher education.

I developed life-changing course content to give students hope, knowledge and direction. Conscious that SA has the highest Gini coefficient globally, my passion is to help transform students from job seekers to job creators. As a director of TSIBA, I focus on financial sustainability and remain as committed to my work today as when the college was founded.

I represented TSIBA on the Boards of JPMorgan Chase and Lucca Leadership. I have a Bachelor of IT and Postgraduate in Enterprise Management, UCT. I was named one of SA’s 100 Brightest Young Minds in 2002 and awarded Top Women Entrepreneur of the Year in 2012. 

I am married with three children.

TSIBA addresses the crisis of black youth unemployment in SA. 

We are passionate about the transformative impact of education to unlock the best of what humans can be, and enable students to transition from unemployability into active economic citizens and future leaders.

Our innovative bridging programme provides access to tertiary studies for school leavers who, because of inadequately resourced education, lack the requisite Mathematics and English competencies to enter college and succeed. Through partnerships, TSIBA removes massive financial barriers. On completion, graduates have the skills and knowledge necessary to succeed in our accredited Bachelor of Business Administration in Entrepreneurial Leadership degree. 

Our BBA addresses industry’s need for employable graduates who understand business, are emotionally mature, have practical experience and thrive in the digital economy. 

Poverty and deprivation can debilitate young people. Our values-based curriculum enables our students to connect with their purpose, emerging confidently passionate about making a positive impact.

Even before the Covid-19 pandemic, 41.7%, or 8.5 million young South African people were unemployed and lacked the skills or opportunity to earn a living.

We have the third highest rate of youth unemployment in the world. Most of SA’s unemployed youth have never been, or will never be employed. This is largely due to the Apartheid economic legacy and education system, where “black” South Africans were given inferior schooling. 

There is a direct relationship between a quality tertiary education and well-paid aspirational employment. Every year in SA, thousands of young people finish school, ambitious and with dreams to get into university to pursue careers in the business world. Sadly, most rural and township high schools don’t equip these young people with the numerical and literacy skills they need to qualify for and then succeed in a rigorous and challenging business degree.  Very few aspiring students have parents who have been to university, and few have had access to technology, the internet or digital devices. 

Huge social and economic pressures on these students contribute to a high drop-out rate. For these young people to succeed in their studies there’s a clear need for supportive “hand-holding”, emotional healing, and personal development.

TSIBA is a private, not-for-profit, business school. We take unemployable young people locked in hopelessness and structural poverty and equip them to become active economic citizens.

We believe that access to education is an entry point only - that education is a catalyst for the best of what people can be. Subjects underpinning excellent business education are necessary but they are not sufficient.

TSIBA goes beyond by placing attitude, leadership and entrepreneurship as credit-bearing subjects at the heart of our curricula. All graduates have deeply explored the questions of what is my work, what is success, and how do I add value. These are questions we all must answer. The answers build each of our own unique stories and they build our citizenship. When achieved, the outcomes are profound, especially in communities where TSIBA proudly has its roots.  

Qualifications:

1. Higher Certificate in Business Administration - our innovative bridging course addressing prior gaps and social realities. 

2. Bachelor of Business Administration in Entrepreneurial Leadership - developing employable graduates with practical business experience, entrepreneurial mindsets, leadership team skills; who think constructively, are emotionally intelligent, want to make a positive impact, thrive in the digital economy, have attitude, resilience and grit for long-term success.

TSiBA’s students are marginalised, economically excluded youth. The vast majority will have raised themselves from the townships and rural areas. They have generally been educated in the poorest schools and would not have the exemption or financial means necessary to study at university level. Their families teeter on the brink of poverty, with many shack-dwelling residents. Their parents will usually not have studied formally, and many remain unemployed themselves. There is pressure to engage in crime and gangsterism.

We know each student individually and assign them to business and personal mentors and counsellors who meet one-on-one and in groups to deal with social realities. At wilderness camps and in Leadership and Self-Development curricula students engage in personal growth. Students present a portfolio-of-learning, reflecting on the application of learned values in their lives including gender, parenting, health and other issues that go beyond academics.

Most students pay only what they can afford. We provide needy students with meals and stipends, laptops and data to access courses and receive support.

Students ultimately emerge as graduates who are actively engaged and participating as economic citizens – with earning capacity to support not only themselves, but many others in their own families and communities. 

TSIBA students grapple with poverty, hunger, violence and other social realities. While TSIBA empowers them with business knowledge and skills, we also provide our students with daily meals, counsellors and mentors to support and strengthen them while they learn.

TSIBA focuses strongly on “Attitude” to equip our graduates to add value as economic citizens of the world. South Africa’s Apartheid history engendered feelings of inferiority and hopelessness. Our Leadership, Self-Development and Entrepreneurship major courses elevate insecure and shy students, transforming them into confident, purpose-driven young adults, ready to lead social change as future business leaders and take South Africa forward.

“Synchronicity” of people, ideas and events: 

I was selected to attend South Africa's Brightest Young Minds conference where big corporations engaged with SA’s young minds to solve problems. This sparked my interest in working with like-minded young leaders especially after seeing the huge realities and lack of leadership in SA. Recognising that there are thousands of school leavers with nowhere to go, we identified a gap in the tertiary space creating access and supporting entrepreneurial leaders to study business. A young leader introduced me to CIDA in Johannesburg, where I saw cool people doing inspirational work with unemployed people. I wanted to do something real, meaningful and exciting. I worked closely with the CEO, helping raise funds and awareness.

We decided to take this model to Cape Town. I secured seed funding from the Shuttleworth Foundation to create a model of replication for a free-tertiary education institution. Through synchronicity, I met two credible academics and business minds wanting to collaborate. The project evolved as we spent a year creating TSIBA. We engaged with passionate business people and academics from all walks of life to develop our innovative curriculum. By purposely building a cooperative leadership team, we gave birth to TSIBA!

Notwithstanding the transition to democracy in SA, there remains a huge discrepancy between our cities’ suburbs and townships - stark contrasts between rich and poor. The reality of poverty and unemployment in SA compels me.

I was young, ambitious and naive to believe we could create a first in Africa: a private, not-for-profit, free university requiring funding, huge accreditation processes, curriculum development addressing numeracy and literacy gaps, and ways to manage students’ social realities. TSIBA needed to build credibility to attract students and quality lecturers. But when you are a risk-taker, nothing is impossible. 

Meeting people from all walks of life motivates me. The volunteers helping TSIBA are a different type of person, more socially aware.

The strongest motivation is watching students grow into beautiful, competent, caring adults as university graduates. They arrive unsure of themselves, but soon their eyes shine with hope. It’s delightful seeing students take-off and flourish academically and personally. I love connecting with students' communities. Their perseverance amazes me and gives me perspective - how hard they work considering realities. Parents burst with pride at children’s graduations. It’s thrilling watching them graduate and get placed in quality jobs - changing their families’ economic futures. So fulfilling.

I have a Bachelor of Information Degree (Bond University) and a Postgraduate Diploma in Enterprise Management (University of Cape Town). My qualifications taught me to set up IT systems and structures and conceptualise different ways of thinking. My postgraduate diploma focused strongly on the power of entrepreneurial approaches in a developing economy; hence the focus on entrepreneurship in our programmes at TSIBA Business School. I see myself as a social entrepreneur. 

Once I am passionate about something, I am completely committed, and in it for the long-term. I love working with people - students, colleagues and academics - and I enjoy building strong partner relationships - engaging with people at corporate level. I have raised over $8864 million for operating expenses since inception in 2004, with over $4 million invested in reserves in the TSIBA Fund, which I set up to build TSIBA’s long-term sustainability. I bring a business mindset rather than an NGO or charity mindset to TSIBA. Nothing really prepares you for something like this; you grow and you learn and then relearn to do things differently. 

 My family background is very advantageous. My parents were always very supportive and they allowed me to follow my passion, with no pressure to pursue a more financially secure career. Being in a safe space like this, I was more open to taking risks, without feeling I had to just get a job. As pioneers of TSIBA, we earned nothing, but had faith that income flows with hard work and passion.

I started TSIBA when I was 21 years old. A petite, young woman with very little prior work experience, I had to build credibility for an organisation that had very little history too. 

My role was to raise significant funding as a start-up enterprise for a project with a vision but no track record. Presenting to CEOs and Boards who are gatekeepers and decision makers in corporate head offices in a predominantly male-driven environment, I needed to be brave and confident and back up my story with strong expertise and relevant knowledge of my project and its impact. 

Over the years, I have faced huge barriers in this regard, starting with a much older male co-founder who could not see me as an equal, to negotiating deal structures with a multinational business for flow-through financing vehicles (which delivered significant equity funding). 

Most recently, I had to stand my ground in a legal case with a property developer who did not deliver on a building identified for our new campus. In spite of intimidation, I had to exit a deal in the best interests of TSIBA in order to find new premises that were ready in time for TSIBA's academic year.

From 2012 our growing organisation needed a new campus. We were renting an outdated facility in a remote suburb. 

However, our decision making was so inclusive, that each potential facility was blocked by different stakeholders. Prospective venues often became a racial issue; Cape Town remains relatively segregated, while TSIBA is racially diverse. Groups objected to locations not occupied by their particular race. 

By mid-2019 we were under extreme pressure, as our lease would expire in February 2020. 

I had to change my approach and lead strongly, be less consultative, and make the decision I believed would be best for our students, educational model and brand. 

I refused to succumb to pressure to negotiate an extended lease with our landlords. I chose to pull the team forward decisively. 

I searched for a building that was accessible, visible, racially neutral, near the CBD, connecting leading SA companies with our vision. I wanted something exciting, funky and inspirational, taking TSIBA to the next level. 

I found “TSIBA House” in October 2019, secured our Board’s agreement, signed the deal, raised funds to cover the costs, oversaw renovations, and celebrated classes beginning in February! 

The experience challenged me to stay humble but be courageous.

Unlike other business colleges, TSIBA places “heart” and attitude at the centre of learning. The science of business is our underlying discipline. But we believe that our students, coming from resource-constrained backgrounds, also need to do deep work on building their confidence and sense of “self”. This helps them to thrive in their personal lives and careers. TSIBA’s model of learning empowers students to develop emotional intelligence, resilience, ethics and community leadership. Thus we develop future business leaders who have not only business knowledge, but also maturity and purpose. Our focus on character is unique and essential.

We work with students who would have a slim chance of graduating at a state university, because of extreme socio-economic pressures. Our leadership and self-development majors, taught in a deliberately supportive and nurturing environment, increase our students’ capacity to persevere. Our percentage of first-years completing their degrees is more than double the national average at state universities.

Unlike other colleges, TSIBA students have access to employment. They develop skills through six-month student internships in businesses. Here they learn experientially and build networks. Our partner companies who take TSIBA students for internships frequently offer these interns permanent employment upon graduating. Not much of this innovation is happening in the tertiary space. Nearly 95% of TSIBA graduates find immediate employment, as opposed to a national average of 60% of SA college graduates. 

Although TSIBA is a private non-profit business college, we can deliver high quality education for FREE through innovative partnerships with businesses and foundations.

IF we:

• make quality business education available to young African people;

• remove financial barriers to students who cannot afford fees;

• bridge the academic gap between poorer high schools and university;

• place attitude, leadership and entrepreneurship as essential credit-bearing subjects;

• support vulnerable students with mentorship and care,

THEN we will develop 

• Employable young adults,

• Resilient business leaders, 

• Active citizens who contribute to positive economic and social change in Africa.

OUTPUTS 

- A bridging programme to prepare youth from weaker state schools in under-resourced communities for success.  

- A Bachelor of Business Administration, with a rigorous business science curriculum. 

- “Leadership and Self-Development” embedded in the curriculum.

- A strong “Pay it Forward” ethos in the culture.

- Mentoring of students by business people. 

- Availability of in-house student support staff.

- Stipends for students who cannot afford transport or rent.

- Provision of meals on campus for students facing food insecurity.

- Practical internships at local companies.

OUTCOMES

• Graduations: The throughput rate of a TSIBA student is double the national average of a “black” student at state universities. 

• Over 5000 tuition scholarships awarded.

• 8 Mandela Rhodes Scholars, 3 Kofi Annan Fellows and 3 Allan Gray Orbis Fellows.

• Employability: The youth unemployment rate in SA was 41% even before Covid-19. Within six months, over 90% of TSIBA graduates find meaningful employment.

• Entrepreneurship: Students start businesses while studying. Some TSIBA graduates employ and upskill members of their own communities in new business ventures.

• Leadership: Students and graduates initiate community empowerment projects to improve lives. Students develop strong ethics and values, positioning them to lead and influence in the business world.

• Families: Each employed graduate supports more than five family members. TSIBA students give their friends and siblings aspirations to learn and strive for more.

IMPACT  

Thousands of young people from under-served communities with few role models in the corporate world enter TSIBA, and after four years, are ready to enter a company office or boardroom and add value with confidence.

Our graduates alone have returned over $15 million to the economy and even more to their communities in line with our Pay-it-Forward ethos. 

Current:

The Higher Certificate in Business Administration (bridging course): 142

The Bachelor of Business Administration in Leadership and Entrepreneurship: 220

TSIBA Ignition Academy learnerships: 87

TOTAL: 449

In one year: 500

In five years: 1000 (on campus) per year, 4000 (via online programmes) per year

2021:

• 500 students enrolled in TSIBA's higher education programmes.

2025:

• 1,000 students in TSIBA Business School on campus and 2000 engaged in blended learning online programmes.

• 20% of TSIBA's students paying full fees - attracting wealthier students, and so diversifying student demographics to create networks of “haves” and “have-nots” who work with and support oneanother. This serves my dream of creating an aspirational institution for purpose-driven business education and the broader project of achieving inclusive transformation in SA.  

• 2,000 people per year reached through TSIBA Ignition Academy (TIA). TIA provides short courses for employees of businesses under pressure from the SA Government to upskill "black" staff. 

• 100% of graduates engaged in careers offering a high degree of satisfaction, as a result of our building mutually beneficial partnerships with industry. SA businesses are keenly aware of their need to address the urgent predicament of our unemployed youth - a catalyst for violent crime and social unrest. How to do this has been a moot point. However, companies such as  Lewis Stores which started “small” with TSIBA in 2008, have seen a track record of success, convincing them to upscale their investment in TSIBA students. When business partners interact with TSIBA students, they see the “TSIBA magic” - their hope, ambition, intelligence and kindness. By continually engaging with corporates, we will influence them to upscale their investment of time and money. This will exponentially increase our capacity to take on more students.

• We will be thought leaders in innovative education for Africa.

1. Environmental and technological: An immediate barrier has been the unexpected Covid-19 pandemic, which led us to lock down our campus on 24th March. Many of our students did not have their own laptops and cannot afford data, which made online learning a great challenge. Data is very expensive in South Africa. 

2. Financial: the pandemic has affected global and local markets, which will realistically reduce the opportunities for corporate giving. 

3. Socio-economic: The realities of what our students have to face, coming from very low income households. There is pressure on them to find immediate, low-grade employment to support their families. They deal with hunger, lack of transport money, crime in their neighbourhoods, and stress. This also influences our recruitment strategy, which depends on the academic levels of students completing high schools.

4. Legal: we are registered as a private higher education institution. This prevents us from getting access to government subsidies and student bursaries available for state university students. In addition, any higher education policy changes could affect the landscape of education.

5. Cultural and Market: TSIBA’s demographic is currently almost 100% “black” - ie black, coloured and Indian students. We would like to diversify our intake of students. We need to attract more privileged students and “white” students. 

6. Brand: TSIBA’s brand is relatively unknown and we now have built credibility to share with the world.

1. We will minimise risk by taking only our bridging students back onto campus from August. They don't own laptops, and require face-to-face teaching. We printed workbooks for home study.

We are developing our online teaching programme. TSIBA was already using Google Classroom so students were familiar with learning online. We initiated a fundraising drive - https://www.givengain.com/cc/tsiba-chairpersons-fund/ - to fund data, grants and chromebooks for BBA students. 

2. We rely on the strong partnerships we have built over years. Two international foundations contributed significantly to the chairperson’s fund. Our goal is long-term sustainability. We have reserves to see our current students through their degree. When we occupy our campus, we will rent out space for office and conference facilities. We are growing our endowment fund.

3. We are changing our strategy for raising scholarship funds. We now add a monthly stipend to the tuition fee, persuading donors to fund this element of the scholarship too. Students have a greater chance of graduating if they have money for rent, food and transport, and have someone in their corner monitoring their performance.

4. We will retain our private registration status, as we are able to make independent decisions.

5. As we add new degrees to our academic offering and our brand becomes better known, we will attract fee-paying students. Moving into the CBD of Cape Town with an aspirational and more accessible campus will increase our profile. 

6. We are building our profile through webinars, articles in business publications and social media.

Representatives from other universities and business sit on our academic advisory council, a quality assurance body. We have benchmarked our curricula against the University of Cape Town. Our chairperson is a professor at University of the Western Cape (UWC). Lecturers from UWC and Damelin College moderate our exams. We are registered with the government’s Department of Higher Education and Training. 

Internationally, we collaborate with Northeastern University (USA), the University of St. Gallen (Switzerland) and Rosenheim University (Germany), with whom we run programmes, student exchanges, internships and shared learning and innovation. We have connected with MIT; Professor Otto Scharmer of the MIT Sloan School of Management said “TSIBA is a living example of a new breed of business schools. In many ways, the top schools in the northern hemisphere still have a long way to go to achieve similar successes.”

Our partnerships with corporates and foundations are invaluable. Businesses offer internships, employment prospects, volunteer tutors and mentorships, as well as the all-important funding of scholarships. Consulting with business leaders gives us skills and competencies to build into our curricula, so that what we teach is in-line with what is going on in the real world. This keeps it innovative.

Corporate partners are among others, J.P. Morgan Chase & Co., Remgro Management Services Ltd., First Rand Bank, South African Bankers Services Company, Lewis Stores, Cambridge University Press, Aard Mining, Boston Consulting Group (Switzerland), Pick ‘n Pay Retailers, Bowman Gilfillan, Cape Media Publishers, Drifter Brewing, G4S Security, Old Mutual, and Juta & Company.

Our beneficiaries are bright, ambitious people who, with intervention, will be among the future business leaders of SA. Apartheid policies denied their parents access to quality schooling, and any access to tertiary education. 

We offer a bridging programme (Higher Certificate in Business Administration) to upgrade school-leavers’ numerical and linguistic skills, facilitating access to our degree.

Our Bachelor of Business Administration in Leadership and Entrepreneurship teaches and practices the commerce subjects which underpin an excellent business education. 

We offer a Postgraduate Diploma in Small Enterprise Consulting.

Our TSIBA Ignition Academy provides business courses and learnerships for unemployed people, and employees of companies wanting to up-skill their staff. 

What sets us apart is our values-based approach to teaching. We challenge students to explore deeply the questions of “Who am I? What is my work? What is success?” And “How can I add value?” This approach builds character, which we call Attitude. Together with the Skills that they gain from internships in partner businesses, and the Knowledge gleaned from the curriculum, students emerge as whole, mature and resilient business employees and leaders.

We are passionate about TSIBA’s education being a catalyst that brings out the best in our students, developing better citizens and creating a better society. 

TSIBA’s new vibrant and inspiring campus in Cape Town is near all public transport nodes. Staff and volunteer lecturers and mentors are purpose-driven and aspire to change the world. There is a “TSIBA magic” which draws these like-minded people together to serve the next generation. 

TSIBA’s long-term goal is to have an endowment of over $17 million which is invested wisely and generates an annual annuity income to cover its operational expenses. TSIBA already has a significant endowment invested to ensure that we can see a full intake of students through to completion, and for safekeeping should the current economic situation restrict our fundraising efforts.

TSIBA would like to own its premises; this will reduce large rental costs. For this purpose we launched a Capital Campaign to attract a different group of funders who are interested in giving towards a tangible project with naming opportunities. The Capital Campaign raised funding towards the initial campus move and infrastructure setup. 

The TSIBA income/fundraising strategy over the last years has aimed at diversification. This meant positioning ourselves in two ways: 

1) As an implementer of social justice interventions: Individuals and foundations are motivated to give to TSIBA Business School by our vision to uplift marginalised young people. 80% of funding was secured this way, from generous individuals and foundations.

2) As an attractive empowerment partner. SA Broad-Based Black Economic Empowerment (B-BEEE) legislation requires companies to give from their NPAT towards the development of black employees. The points earned from donations qualify companies for state contracts. Money donated towards scholarships earns “Skills Development” points. 11% of funding was sourced through B-BEEE partnerships in 2019.

Fundraising from these different pools has pushed us to "think bigger” about our impact. We now generate 35% of our income from non-donor based sources.

Each year we need to raise funds to cover over $1.5 million in operating expenses, and as mentioned above we would love to use the funds/interest from our Endowment fund to reduce the fundraising burden each year so that we can focus on delivering our core programmes.

Operational Funding received  October 2019 - May 2020

With other proposals in progress we are actively closing the fundraising gap over the last four months of the financial year (June - September 2020). 

Anticipated funding still to land in 2020 financial year:

 Capital Campaign - funds raised in 2019/20

We need funds to cover the operating costs of the next financial year, which will be about $1 730 000. Operating income is partly financed by scholarships, and we aim to raise funds for 50 additional scholarships (including living cost stipends) next year, to the value of $246 403.

The Covid-19 pandemic has pushed us into offering our classes online. Thus far we are excited about the high level of engagement of our BBA students with our teaching. We believe that this is a new opportunity to invest in our academic model and develop our online programmes for blended learning in future - partly on campus and partly remotely. This way we will be able to bring in a much larger cohort of students and expand our impact. We require funding for research and to develop our educational site, as well as to provide data to our students who cannot afford it (data costs are prohibitively high in SA).

We need funds to invest in our faculty, employing more academic staff who can think innovatively and creatively. We anticipate a fall-out in other NPOs due to the funding crisis precipitated by the pandemic. This may release well-qualified, dynamic people who would be available if we attract them with adequate pay. 

Lastly, we dream of building our endowment fund to a level of $17 300 000. The interest would fund scholarships and we can then focus on doing our core work of offering an excellent business education to deserving young Africans. 

TSIBA NPC - High Level Numbers

1 October 2019 - 30 September 2020 

I would love to "Elevate" and connect TSIBA with the SOLVE community. Innovation is a key focus of MIT; this resonates with my vision for TSIBA. TSIBA is positioned for growth now that we have our amazing new campus. I want TSIBA to be on the cutting edge of technology and digital transformation. I believe we could learn from you and your networks. Over the past year my team has been eager to visit the USA for input and inspiration. 

The prize money and award would help us to overcome the barriers I have mentioned:

1. Environmental & technological: during the lockdown while BBA students are studying online, we need money for their data. We need to develop our online learning platform.

2. Financial: we could invest some of the prize money in our endowment fund to enhance our sustainability. 

3. Socio-economic: We could extend our counseling services to students and give further financial support for their subsistence. This support dramatically reduces drop-out rates for students under pressure.

4. Legal: being a private college we do not qualify for government funding. However, the prize money would allow us to take on more scholarship students who cannot afford fees.

5. Cultural and Market: the enhanced prestige from our connection with MIT could attract fee-paying students. 

6. Brand: We are trying to elevate our brand. The prize would enable TSIBA to amplify and elevate our brand, attract more funding and replicate our model in other African countries to reach many more people.

Our greatest need is in the marketing, media and exposure realm. Notwithstanding our impact and relevance to (tertiary) education it is too often said that “too few people know about TSIBA”. There are elements of truth in this comment, albeit that it is made by people recently introduced to us. 

The comment is relevant to our ambitions, one of which is the creation of an institution which stands out as a Challenger Institution to traditional thinking about access to education, and one which is far more widely known and respected by potential students and financial and academic partners.   

In light of this we are also conscious that the configuration and make up of the TSIBA Faculty supports our brand and our capability to achieve what is raised above. There is an additional requirement for support in building the TSIBA Faculty - perhaps with new board members, advisors and academic partners.  

Like Babson College, TSIBA Business School is an independent, not-for-profit learning institution, with relatively small student numbers. Despite our smaller size, however, we have big ambitions. We are determined to leverage business education as a catalyst for the best of what humans can be.

Realising our ambitions will require focus - a faculty inspired and equipped to deliver our vision and a brand strategy that serves this ambition. Babson College is an inspiring example of this.

Babson are single-minded in their vision to be the Global Leader in Entrepreneurship Education, and TSIBA has work to do to be a global leader in what we aspire to - graduating ambitious, purpose-driven people and emerging businesses who want to take Africa forward. 

We believe that learning from and sharing with Babson College would greatly enable our vision and our impact, and your introduction of TSIBA to Babson could push our ripple into a Tsunami. 

I read the 2016 INSEAD Business School white paper on ‘Higher Education and Investing in Future Leaders’ which clearly indicated their finding that “higher education is correlated with lower unemployment and higher income, making it a powerful tool in combating poverty”. Higher education is thus placed as a key driver in combating unemployment – one of South Africa’s enduring challenges. And it is in this particular space that TSIBA continues to function. The report referred to TSIBA as an example of impact investment in the field of higher education. We would love to connect with them again.