The Siyazisiza Trust is a Level 1 QSE B-BBEE Contributor, and a Public Benefit Organisation in terms of Section 30 of the Income Tax Act. All receipts and accruals are exempt from income tax in terms of Section 10 (cN).
All of Siyazisiza’s beneficiaries are Black South Africans, with 83% being women and 15% youth. We constantly seek to forge partnerships, collaborations and funding opportunities to realize our vision of supporting the emergence of local economies, particularly where previously disadvantaged, marginalized and vulnerable groups are empowered.
Under South Africa’s B-BBEE Codes of Good Practice, companies are encouraged to help previously disadvantaged South African citizens gain sustainable access into the economy, and contribute towards the development of black-owned small businesses and their access to the market. Partnering with the Siyazisiza Trust offers organisations an opportunity to contribute to the development and absorption of small-holder farmers into the economy, while raising their B-BBEE profile
The Siyazisiza Trust has been supporting socio-economic development for over 30 years, with the objective of facilitating income generating activities for targeted beneficiaries and improving the quality of life for the poorest of the poor where it operates. Under Socio-Economic Development, companies can make monetary or non-monetary (services) contributions to Siyazisiza.
By spending 1% of their per annum net profit after tax, companies can receive up to five points on their B-BBEE score card. And because Siyazisiza is a Public Benefit Organisation with Section 18A status; companies making donations under this category would also be able to obtain the double benefit of an S18A deduction (up to 10% taxable income).
Siyazisiza has been working on the establishment of farmer-to-farmer networks and village-based agri-forums with the intention of promoting, and recognising the importance of social capital, knowledge-sharing and application.
The establishment of these agri-forums seeks to enhance commercial opportunity and trade by providing an avenue for the coordination and aggregation of produce into market chains, and it facilitates ease-of-access to smallholder farmers to buyers.
These agri-forums are increasingly providing coordination and oversight is areas such as logistics management and quality control and as accessible entry points to small-holder farmers.