Students Become Shareholders
Khulisa Student Share Scheme
Khulisa means “to grow or foster the development of a person or community”
In a revolutionary move the STADIO Group launched the STADIO Khulisa Student Share Scheme at the STADIO Higher Education graduations in October 2021, the first such scheme in Africa, and possibly the world.
Through this innovative scheme, the Group awards R1000 of shares in STADIO Holdings, to each of the students graduating from a postgraduate (NQF 8 and above) qualification. The students receive their shares upon their graduation, as well as gain access to a share portfolio managed by the JSE Investor Services (JIS). The Group is excited to have partnered with both the Investec Share Plan Services (Investec) and the JIS on this initiative, both of which will provide further support for the graduates in their new investment journey. Importantly, the STADIO Group purchases these shares through on-market transactions to ensure no dilutionary effect for current shareholders.
Wealth creation is a relevant topic in the current South African climate and according to 1Life Generational Wealth survey, most young working South Africans don’t have access to generational wealth. Studies have found that only 39% of the population understand what it means or know how to create generational wealth. An outstanding 80% of youth feel it’s necessary to start their families’ financial legacies, yet they don’t have the means and/or support.
As CEO, Chris Vorster says,
“We believe the time for the STADIO Group to do something incredible for the South African youth is now. The STADIO Khulisa Student Share Scheme is the stepping-stone into a world where generational wealth may become more attainable, and the world of investing is more accessible”
The STADIO Group remains committed to empowering its students, firstly through the provision of quality and affordable qualifications that are aligned with the world of work and sought after by their respective industries. Secondly, by partnering with our graduates as owners of our institution, supporting them by investing in their initial steps to leaving a legacy for their families.
After I completed my Masters’ degree, I was given shareholding status by the institution as part of getting the postgraduates students involved in the growth and success of the institution.
I cannot thank the management and staff enough for what they are doing for the main stakeholders (students). I will be enrolling for my Doctorate very soon with STADIO.
Lebogang Seanego, STADIO graduate