Tuesday 22 May 2012

Investment Holding Company

The reality in SA is that most Black people don't have a balance sheet and access to funding is the biggest single thing holding back the development of Black Business.

So in order to tackle that situation we need to be like Afrikaners by coming together, forming corporates, putting money together and having access to funding.

The first step would be to increase the saving rate of black households, but the problem with black households is that, they're exposed to high levels of debt, unemployment, increasing food and oil prices.
Those facts do not promote a saving culture in black households.

My School Idea (MSI) aims to address the above challenges that stop black households to save money in order to develop an Investment Holding Company that will finance economical activities that are currently happening in Townships to develop Black Businesses.

My School Idea is to tap into economic activities that are currently happening in Townships.

The truth is SA needs solutions to grow it's economy and MSI Investment Holding Company is one of the solutions to grow the economy. Why consider MSI?

My School Idea (MSI) has the capacity to innovate the education system, the ability to implement by mobilising resources that will make School Learners to take responsibility and to have the capacity to create entrepreneurial solutions that will address a social issue.

My School Idea (MSI) cannot be executed without the help of Corporate SA and the Government.