Formalising Indigenous Knowledge into drivers of our Economy. Upliftment of Khoi & San People: Using the Community Investment Companies to enable Indigenous Knowledge System in Economic Development.
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Indigenous Knowledge Systems in Economic Development Conference 2016
1.
2.
3. ABOUT THE CABAN GROUP OF COMPANIES
• Founded in 2013
• Headquarters in London, holding company Caban Capital PLC
• Caban is a multi-national full service VC firm providing both
capital and a wide range of services to early stage ventures.
• Combined 85 years of private equity experience and multiple
international IPo’s
• Provides both a high level of support, expertise and access to
markets.
• Renewable energy, IT, Fintech, SaaS, BioTech and eco-
construction, community investment companies, water
• 64 investments globally
4. ABOUT THE CABAN GROUP OF COMPANIES
• Selected by the UK South African Chamber of Commerce and
Brand SA as Most Innovative South African Company in the UK
• Founding Member of the London VC Club
• A grouping of passionate and innovative entrepreneurs who
continue to challenge the norm
5. ABOUT THE CABAN BUSINESS MODEL
Our belief is that entrepreneurs require more than just cash.
They require a range of services and mentorship to lift the
profile of the company to increase sales and obtain start-up or
developing capital for their company.
Entrepreneurs approach Caban needing capital. Typically, the
entrepreneur would have an idea detailed in a document or
have a business that is trading which needs capital for expansion
purposes. To attract capital, it requires the services of the Caban
Service Providers but cannot afford to engage their services.
8. CABAN COMMUNITY INVESTMENT COMPANIES
The Caban Community Investment Company (CIC) concept stems
from the very real and urgent need to create opportunities for
those who, most often due to situations that they cannot
control, are not able to follow through with their dreams of
being an entrepreneur who in turn create job opportunities.
9. QEI HOLDINGS
• In Atlantis, Cape Town
• In partnership with the Atlantis Dream Team
• Active soup kitchen and community development
10.
11. QINISANANI INVESTMENTS
• In partnership with a leading township tours operator
• In process of partnering with a local soup kitchen that
disburses chronic meds to elderly
• Bridging the gap between the artist and the tourist
The meaning of Qinisanani is:
• To strengthen each other
• To help each other, to grow each other
• To be pillars of strength for each other
12. MGCAWU HOLDINGS
• Based in the Northern Cape out of Upington
• Partnership with the ZF Mgawu Inclusive Community
Economic Development Forum
• Partnership with Vaal University
13. MGCAWU HOLDINGS
Has two subsidiaries:
1. Mgcawu Mining Limited;
2. Mgcawu Enterprises ( Pty) Ltd.
Mgcawu Mining Limited is vehicle that will assist Northern Cape
residents with mining rights to development them.
Mgcawu Enterprises ( Pty) Ltd is an incubator that will benefir
Khoi and San entrepreneurs. This will be done in partnership
with the Vaal University of Technology.
14.
15. THE BUSINESS MODEL
This business model is not a CSI programme, rather we believe in creating sustainable
solutions for communities utilising proper business principles. The creation of a CIC
facilitates this process.
16. THE BUSINESS MODEL
1. A public unlisted company is formed. Shares in this are held by Caban Investments,
local public benefit organisations, investors and the broader community;
2. Caban Investments provide all the services required to get the company operational;
3. A community engagement process is undertaken where Caban works closely with
the local community leadership structures to create a shortlist of potential
entrepreneurs and select those suitable for incubation;
4. The capital raising then begins through which the public unlisted company acquires
shares in local business utilising the Caban Entrepreneurship Programme model;
5. The services to the incubated businesses are provided by local entrepreneurs who
themselves join the incubation programme. Caban Investments mentors these
entrepreneurs with a view to them being able to fully manage the secondary intake
of the incubator.
17. THE BUSINESS MODEL
The company is formed with a clear mandate to assist a particular community or
focus group and the public benefit organisations selected as shareholders are high
impact organisations that have a direct upliftment mandate for a particular
community.
Through the profits of this vehicle, public benefit organisations become self-
sustainable, new business are created and funded and communities are uplifted.
20. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
There are two important sides to the role of living heritage in the South
African society.
1. The first is the safeguarding of living heritage as a valuable resource for future
generations.
2. The second is the achievement of social cohesion.
21. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
Living heritage is at the core of ensuring social cohesion in society. The challenges of
social cohesion in South Africa as exacerbated by its history of racial discrimination are
deep and require strategic attention. In any society, lack of social cohesion is gauged in
the extent of crime and social ills such as xenophobia, gender-based violence, cruelty to
children, and corruption. The intensity of these problems is a sign of social dislocations
that require attention. Living heritage and, specifically, ubuntu have a huge role to play
in creating social cohesiveness in South Africa.
22. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
Lack of social cohesion can also be a result of systematic detrimental interference with
community life. Apartheid was a political means to legitimise differential treatment and
lack of equal regard of one another by South Africans. This political inequality also led to
economic differentiation, an environment that continues to be unfairly competitive and
to produce stark economic differentiation. Despite an in-principle free and fair
environment enabled by the Constitution, in practice, there is a branding of poor people
with a particular socio-economic category that makes their experience of life very
different from the constitutional principles that operate.
23. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
Generally, unity and coherence of society are at the core of social cohesion. As an
African philosophy, ubuntu provides for a positive social ethos and an environment
where measures to create unity are not only punitive through law enforcement
agencies. Ubuntu is not only aligned with many social philosophies that emphasise
mutual welfare between humans; it also has alignment with constitutional principles of
equality, freedom, and respect between people. It promotes human rights by adding a
strong element of social responsibility. It takes its alignment with the Constitution
further on the question of mutual social welfare, as it assumes that social relations are a
process of mutual and constant negotiation of welfare in the context of changing local
and broader circumstances.
24. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
Generally, unity and coherence of society are at the core of social cohesion. As an
African philosophy, ubuntu provides for a positive social ethos and an environment
where measures to create unity are not only punitive through law enforcement
agencies. Ubuntu is not only aligned with many social philosophies that emphasise
mutual welfare between humans; it also has alignment with constitutional principles of
equality, freedom, and respect between people. It promotes human rights by adding a
strong element of social responsibility. It takes its alignment with the Constitution
further on the question of mutual social welfare, as it assumes that social relations are a
process of mutual and constant negotiation of welfare in the context of changing local
and broader circumstances.
25. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
Ubuntu, therefore, addresses social dislocations by mainstreaming a constructive
ideology in the daily practices of agencies and in behaviour between community
members. This achieves a social cohesion that is informed by a positive ethos as well as
management of social anomalies.
Social cohesion is thus about the existence of a social framework of relations where
positive values are shared and conflict and social inequalities are dealt with by trusted
institutions.
26. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
The promotion of social cohesion must include recognition of important national
symbols, rituals, and festivals that help to create national identity.
This is where tangible heritage and intangible heritage are seen to be inseparable. There
are several examples of national symbols and festivals that must be recognised and
safeguarded, as they contain the living heritage of South Africa as a nation. These
include the national flag, the national anthem, the national coat of arms, and the history
of important heritage sites.
27. THE VALUE OF PRESERVING THE CULTURE OF INDIGENOUS
COMMUNITIES
Most of all, we are a Continent that shares its love and pain, success and failure, birth
and death, through the spoken and sung words of those that went before us.
Imagine a world without the multitude of cultures. Hardly an environment for
innovation and growth.
28. CLOSING
There is no shortage in opportunities to eliminate poverty and crime in the poorest
areas of SA through indigenous economic development. What is needed is more
platforms like this and a dedicated few who will lead the way.
29. THANK YOU / QUESTIONS
Dylan James
CMO, Caban Investments Ltd
021 683 2425
dylan@caban.co.za