The Mineworker’s Investment Trust (MIT) is the shareholder of the Mineworker's Investment Company (MIC)
MIT was created to benefit the National Union of Mineworkers (NUM) members and beneficiaries through upskilling, reskilling and providing bursaries for their children. The MIC provides dividends to the MIT which provides critical funding for its beneficiary base and enables their access to education, training, and research initiatives.
Established in 1995, the Mineworkers Investment Trust (MIT) has provided support to their beneficiaries and communities for nearly three decades. The principle mission of the Trust is to serve as a wealth creation vehicle that assists retrenched mining, construction and energy workers.
MIT supports various institutions including the Mineworkers Development Agency (MDA),
the JB Marks Education Trust Fund (JBM) and the Sam Tabani Research Institute (SATRI)
and the The Elijah Barayi Memorial Training Centre, which are the primary recipients of grants
from the Trust. The EBMTC Academy, an Artisan Training Centre of Specialisation, also forms
part of the MIT family.