Partnering for Impact
Beneficiary-led Corporate Social Investment in Partnership with the MIT
For nearly a decade, MIC’s flagship corporate social investment (CSI) initiative was the MIC Schools Programme, which supported lower-quintile schools in Gauteng and Rustenburg with academic, vocational and infrastructure interventions. The programme concluded at the end of 2024.
In 2024, MIC took a deliberate decision to pivot its CSI approach so that the impact of every rand we deploy is more directly aligned to the beneficiary base of our sole shareholder, the Mineworkers Investment Trust (MIT) — current and former members of the National Union of Mineworkers (NUM), their families, and the communities in which they live.
MIC’s core function is commercial: to generate a sustainable dividend flow and asset base that funds the operations and programmes of the MIT. We therefore channel our CSI contribution through the MIT family of entities, which are purpose-built to serve this beneficiary base. To date, our primary CSI partner has been the Mineworkers Development Agency (MDA), with whom we co-fund projects that deliver tangible economic, educational and social benefits to NUM members, their families and their communities.