This tripartite collaboration will enable 240 finance students over the next three years to write the SAIFM Registered Persons Examinations. This entry qualification required to work for stockbroking firms practically prepares students entering the workplace of financial markets, building on their academic foundations.
This commendable initiative comprises of a three year R 600 000 commitment by IMARA, which will benefit 80 financially disadvantaged learners per year from South Africa and Sub-Saharan Africa with the necessary accreditation.
At the UNISA Muckleneuk Building celebrations, special thanks were given to Mr. David Stone, Group Chief Financial Officer of IMARA, who was central to getting this programme implemented. In his opening address Professor Thomas Mogale, Executive Dean, College of Economic and Management Sciences, emphasised, “Creating capacity is critical for the country and the region” adding that, “this initiative reflects the need to augment theory from the classroom”. He elaborated, “the country and region needs people with insights, skills, analytical ability and experience.”
Karin van Wyk, CEO South African Institute of Financial Markets (SAIFM), informed the audience that in the financial services sector “professional bodies are playing an increasing role” and that “it is important to improve and demonstrate internationally that our stock markets and financial services are professional.” SAIFM ensures that professionalism, accountability and integrity are recognised and supported by existing financial sector institutions, regulators and employers.
Professor CJ Swanepoel, Director, School of Economic and Financial Sciences, closed the procedures confirming UNISA’s commitment to take on the tutor role.
IMARA is confident in the future of Africa and believes that the continent’s influence will grow as its economies continue to develop, and recognises this initiative as a contribution to the country and the pursuit of a vision of an economically empowered Africa and its people.
Joe Matsau, Chairman of the Social & Ethics Committee, Trustee of IMARA South Africa Trust and Non-Executive Director of IMARA Holdings, in his address acknowledged the importance of education in developing and uplifting communities and promoting economic development, confirming IMARA’s contribution of R200 000 per annum over the next 3 years: “Africa is attracting increased global attention as an investment destination. Our commitment to the education of local people is intended to ensure that local communities benefit from the increased activity in these financial centers.” He concluded, “we are proud of the opportunities this project will create.”
Back row from left: Prof MS Ngwenya, Chair of Department: Finance, Risk Management and Banking (UNISA); Mr Christo Luus, Ecoquant; Ms Christi-Anne van Wyngaardt, SAIFM; Prof MT Mogale, Executive Dean: College of Economic and Management Science (UNISA); Prof CJ Swanepoel, Director: School of Economic and Financial Sciences (UNISA); Mr Dave Stone, Group Chief Financial Officer: IMARA; Mr Brighton Jena, Financial Director: SA Group IMARA
Front row from left: Karin van Wyk,CEO: SAIFM; Mr Joe Matsau, Chairman of the Social & Ethics Committee: IMARA; Prof J Marx, Director: School of Management Sciences (UNISA).