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Historic morning as St David’s opens the JSE Market and launches the ‘Business in Education’ B-BBEE Bursary Fund Initiative (Thursday 3 March 2016)
Thursday 3 March 2016 saw almost 100 Captains of Industry, including several St David’s Old Boys, gather at the JSE for the St David’s ‘Opening of the JSE Market’ event and the launch of the St David’s Marist Foundation’s ‘Business in Education’ initiative.
Nicky Newton-King, CEO of the JSE, gave the Keynote Speech and commended St David’s on being the first school in the history of the JSE to open the Market. Andy Hall, Vice-Chair of the St David’s Marist Foundation, and CEO of Adcock Ingram, introduced the ‘Business in Education’ initiative and invited business to partner with St David’s to invest in education with a school that has a proud 75-year legacy of creating leaders who act with integrity, have a hunger for pursuing excellence and social responsibility and are values- driven business, political, sports and community leaders.
Sandra Borrageiro, Head of Project Delivery, Trading and Market Services at the JSE, and a proud St David’s parent, MC’d the morning beautifully and with heartfelt passion, and the St David’s Chamber Choir and Saxophone Quartet entranced the gathered guests with their performances, under the direction of Mr Ferreira and Mr Luke. Members of the Matric Executive and the St David’s PR Club were also in attendance with Head Boy, Joshua Clegg, and Deputy-Head Boy, Bogosi Msutwana, joining Mike Thiel, Andy Hall and Lara Klement on the JSE rostrum to officially open the Market with the sound of a Kudu Horn, drums, marimba and vuvuzela. The gathered guests were also involved in the count-down to the Market Open at 9am and Sandra Borrageiro commented that St David’s had provided the loudest Market Open to date at the JSE.
Nicky Newton-King had earlier light-heartedly remarked in her speech that at the JSE they have noticed a correlation between the amount of sound made by a company opening the Market, and the (good) performance of the Market that day – last night business news reports were reporting an unprecedented good day on the JSE Market!
The morning closed with the St David’s boys giving an impromptu presentation of ‘Inanda’s Call’ which made a marked impression on the guests.
St David’s was also delighted to be able to live-stream the event from the JSE – members of the St David’s community were able to watch the proceedings live back at St David’s, and around the world.
The ‘Business in Education’ initiative invites businesses to partner with St David’s in establishing a fund, ring-fenced according to the B-BBEE Revised Codes of Good Practice, which will enable the school to expand its existing bursary programme which awards young deserving scholars from historically disadvantaged backgrounds with bursaries to St David’s.
As Mike Thiel, Executive Headmaster, said “The issues faced by business and society are issues that should be solved during the formative educational years. Our strategic partnerships with Business are creating opportunities to grow a truly transformed and uplifted South Africa. Business and Education share a common dialogue – our partnerships with Business will bring this conversation into one space.”
For more information on the Business in Education Initiative please contact the St David's Foundation on firstname.lastname@example.org