But as these debates continue, one of our responses at the SARB has been to institute a new Corporate Social Investment strategy based on four principles. First of these principles was that the Bank’s CSI policy and activities should be informed.
In other words, our funding and partnership decisions should be grounded in research, benchmarking and an understanding of the legislative and other imperatives that underpin the South African CSI environment, one in which billions are spent every year. Education and skills development are universally accepted to be one of the key challenges facing South Africa.