Rhodes University welcomes the appointment of its Board of Governors Chairperson, alumnus and the Executive in Residence at the Gordon Institute of Business Science (GIBS), Mr Andile Sangqu, to the position of the chair of the Transnet Board.Mr Sangq
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Kagiso Trust and financial self-sustainability
10 Mar 2021
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Many development agencies including NGOs are struggling for funding to support their programmes and projects. For South African development agencies to be able to provide sustainable programmes to help eradicate poverty, they require access to a consistent and sustainable source of funding.
NGOs have traditionally relied on donors and grants, but that involves a cap-in-hand model that can detract from the essential work they provide, necessitating much time having to be spent on sourcing funding. This dependency makes them vulnerable to how the economic factors affect their donors, not to mention their sponsors’ needs and aims, and the possible influence that may have.