NIC's commitment to the long-term health of our country is demonstrated through our bold investments, and surplus cash which is invested in financing tertiary education for the children of NUMSA members.
Through the Mbuyiselo Ngwenda Education Trust, NIC has empowered more than 500 youths to study at tertiary institutions of their choice in South Africa. The bursary fund offers study opportunities in diverse disciplines such as: engineering; science, economics; information, communication and technology; accounting; health and medicine; law and education. NIC's investments share some basic features. We invest own equity Rands, and those of our investors, and borrow money for the friendly acquisition of a company.
Our company remains true to its promise of the socio-economic upliftment of the NUMSA family and the people of South Africa.