Furthermore, despite the #FeesMustFall movement, current government funding is inadequate to support all students who qualify for tertiary education. So, where does that leave them?
Enter Feenix: an incredible initiative that began in June 2017, sparked by the belief that education is vital to breaking the cycle of poverty. The crowdfunding platform has already changed the lives of more than 900 students with funding in excess of R25 million. These 900 lives have been spectacularly changed for the better—and no doubt the ripple effect will become more pronounced among the youth of our country.
“Our objective is very clear”, exclaims Leana de Beer, Chief Operating Officer at Feenix. “We are here to connect communities to provide more South Africans the opportunity to study further and gain valuable skills. We believe that access to education and fulfilling one’s potential should not be dependent on wealth”. A bold and proud statement that certainly seems to ring true for Feenix.
As a technology startup and registered public benefit organisation, Feenix is able to combine the compliance, focus and impact of a traditional NGO model with agility and innovation.
Students register on the Feenix website, upload their fee statement and define a funding goal. The Feenix.org signup process allows students to register their financial needs for their current year of study, based on their official fee statement from the university.
Once this registration process is complete, they are able to reach out to their community: friends and family, individuals and businesses, who can all contribute to students’ funding. In addition, certain students will be selected to receive funding from the Feenix Pool Fund.
Denne historien er fra March 2020-utgaven av Leadership.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra March 2020-utgaven av Leadership.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Bright Minds, Bright Future
For the economy to grow, businesses need graduates whose skills match their needs. Producing these graduates is the core focus of Stefan Ferreira, CEO of the Richfield Graduate Institute of Technology.
Safety In Business
Securing the future is essential
Artificial Intelligence
Is artificial intelligence reinventing insurance? This was the question posed by Bill Hoggarth, national sales manager, Digital Business Solutions at high performing and secure ICT solutions provider, Datacentrix. He was speaking at the recent Robotics, Drones and AI in Insurance Conference, held in Rosebank, Johannesburg. In answer to the question, Hoggarth clarified that no, he did not believe artificial intelligence (AI) was changing the nature of insurance–at least, not on its own. “My view is that AI is not reinventing insurance, but that it is part of the mix of technologies that is causing a shift in insurance today,” he said.
Leading The Future
Leading the modern world requires fast thinking and an impulsive ability to adopt and adapt to the technologically driven era. The way we conduct business today has drastically changed from the way business was conducted ten years ago, failing to integrate innovation and technology could prove fatal to any business.
The Evolution Of The IT Operation
Consistency in delivery is key
Empowering Our Future
More than half (51%) of youth aged 18–24 years claim they do not have the financial means to pay for their tertiary tuition. That is over 1.4 million youths who will never be able to afford to take their education further and thereby increase their opportunities to progress in their careers and lives. This is the sad reality according to the Higher Education and Skills in South Africa report released by Statistics South Africa in March 2019.
Air Traffic Navigation Services: Flying High Into The Future
After an exceptional 2018/2019 financial year, Air Traffic Navigation Services (ATNS) is poised to soar even further, as it builds on an exceptional record and heads into the next phase of its development
Entrepreneurs Hit Hard By Coronavirus
The big challenge
Use The Covid-19 Lockdown To Think Differently
Crowdfunding, delivery of food, hygiene and learning packs, and psychosocial support could #changethestory
Attractive Production Tax Credits
“We wouldn’t do it without the production tax credit we get.” That’s what Warren Buffett said about his holding company Berkshire Hathaway’s US$30 billion investment in wind turbines and infrastructure in the State of Iowa through one of its companies, Berkshire Hathaway Energy (BHE)
