In terms of the charter, the financial
sector agreed that 0,5% of after-tax profits would
be dedicated to corporate social investment (CSI)
projects catering for the needs of black people.
Six key areas are defined in the charter which
constitute the focus of CSI spending, namely education,
health and welfare, entrepreneurship, heritage,
sport development, and arts and culture.
In 2004, we contributed R31 million to charter
qualifying CSI projects, with the majority of
our resources dedicated to education.
For more
information on our CSI activities.
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