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InPerspective Spring 2019

Harnessing potential in our community

15 October 2019
"Promaths has made it possible for black children from townships that lack resources to be able to achieve excellent results as if they attend a quintile 5 school."
- Kamva Goso, overall winner 2018

Our flagship Promaths programme has had another rewarding year. Promaths is a powerful partnership between Investec and Kutlwanong Maths, Science and Technology Centre. The programme seeks to support the South African education system to produce students that are competent in Maths and Science – the two subjects deemed most vital for the ongoing growth of our economy. These school subjects are crucial building blocks to produce the accountants, scientists, engineers and IT specialists of tomorrow. The programme provides extra tuition in Maths and Science to learners in grade 10 to 12 who show potential in these subjects. Some 3 960 learners are part of the Promaths programme. We currently fund nine centres across the country:

  • Dobsonville, Soweto
  • Mamelodi, Tshwane
  • Hammanskraal, Tshwane
  • Motherwell, Port Elizabeth
  • Umlazi, Durban
  • Phillipi, Cape Town
  • Khayelitsha, Cape Town
  • QwaQwa, Free State
  • Mbombela, Nelspruit

The Promaths Awards recognise top Matric performance both regionally and nationally. Kamva Goso, from the Phillipi centre, was announced as the overall winner for the year at the Johannesburg awards ceremony, with marks of 99% in Mathematics, 100% in Physical Science, 7 distinctions and an overall average of 96%. Commenting on this remarkable achievement, Kamva said: “Promaths has made it possible for black children from townships that lack resources to be able to achieve excellent results as if they attend a quintile 5 school.”

Highlights from 2018

267 distinctions in Maths from 1 176 Promaths learners

412 distinctions in Science from 1 173 Promaths learners

5% contribution of the country’s national distinctions in Maths and Science

There are over 2 000 alumni, many of whom have achieved distinctions in Maths and/or Science. Learners have gone on to study Actuarial Science, Finance, BCom (CA), Economics and Engineering.

The Promaths journey doesn’t come to an end when young adults matriculate. Voluntary Promaths alumni have formed an executive committee across various universities to help the programme become self-sustainable. Through spreading the Promaths’ story across campuses, the prominence and value of the programme is sustained, and future learners are encouraged to take part.

The programme is having a material impact on the children and the larger communities in which they operate.

2018 Promaths top achievers are recognised at the Promaths awards ceremony in Johannesburg

Students at the Promaths Awards ceremony in Phillipi, Cape Town

Important information

All information and opinions provided are of a general nature and are not intended to address the circumstances of any particular individual or entity. We are not acting and do not purport to act in any way as an adviser or in a fiduciary capacity. No one should act upon such information or opinion without appropriate professional advice after a thorough examination of a particular situation. We endeavour to provide accurate and timely information but we make no representation or warranty, express or implied, with respect to the correctness, accuracy or completeness of the information and opinions. We do not undertake to update, modify or amend the information on a frequent basis or to advise any person if such information subsequently becomes inaccurate. Any representation or opinion is provided for information purposes only. This document is the copyright of Investec and its contents may not be re-used without Investec’s prior permission. Investec Asset Management (Pty) Limited is an authorised financial services provider. Issued by Investec Asset Management, October 2019.

The content of this page is intended for investment professionals only and should not be relied upon by anyone else

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