The Ithuba On making sure they Put in action their Promise of Giving back to the Society they have Announced new Bursaries for Academic year 2025 the South African Students from higher Different Colleges and Universities are Encouraged to Apply.
About ITHUBA
ITHUBA is a privately owned South African company founded by the Zamani Equity Fund and is registered with Companies Intellectual Property Commission (CIPC) in accordance with the South African Companies Act of 2008. In 2013, Zamani’s leadership identified an opportunity to extend its strong management philosophy to provide a national service, and as a result formed Zamani Gaming as a special purpose vehicle (SPV) through which to bid for the licence to operate the South African National Lottery. Zamani Gaming attracted a consortium of credible B-BBEE and high profile investors to create Ithuba Holdings Proprietary Limited (RF), which was awarded the Third National Lottery Licence, effective from June 2015.
- In inviting investors to Ithuba Holdings Proprietary Limited (RF), consideration was given to various national imperatives believed to be vital to South Africa’s economic development.
- These imperatives include Black Economic Empowerment (BEE), acknowledged as a mechanism through which to increase economic participation of the previously disadvantaged black South Africans.
- A further imperative is being responsive to the needs of all stakeholders including government, civil society, communities and shareholders in a country where large socio-economic disparities still exist amongst most sectors of our population and poverty remains the largest challenge.
- For ITHUBA, being awarded the Operating Licence presents an opportunity to modernise and grow the National Lottery, foster confidence and pride in the National Lottery brand, and introduce a higher level of service and local communities than ever before. ITHUBA literally means “an opportunity”, one that promises to change the landscape and experience of the National Lottery for the better.
How to Apply for Ithuba Bursaries 2025
Learners looking to apply must have obtained a 70% average (or above) for each subject and a 70% average (or above) total average of the Applicant’s subjects from the previous academic year. Applicants will also need to provide the following with their submissions:
- a certified copy of their South African ID, along with copies of their legal guardians’ IDs,
- proof of legal guardian’s income (not in excess of R350,000.00 per annum),
- a certified copy of their latest academic results,
- a provisional letter of admission from a South African tertiary institution,
- a provisional letter of admission from a South African tertiary institution’s residency or private accommodation,
- a motivational letter motivating why the ITHUBA Bursary Programme should be awarded to you and how you plan to contribute to your community’s upliftment.
“Education is an important cornerstone for ITHUBA’s CSI initiatives, as it speaks to the heart of Ubuntu. Nourishing knowledge is our best investment to a better future for South Africa. Through this bursary programme we strive to encourage academic growth and to assist the lives of individuals who have the potential to improve their lives and to contribute to the betterment of others,” said Mabuza.
To Accomplish and Bursary Application you need to Download the attachment bellow for get to know the Bursary Requirements,Description and Application date.
DOWNLOAD THE PDF DOCUMENT HERE
