The V-TECH FOUNDATION
THE V-TECH FOUNDATION
V-Tech’s Training and Foundation strives to be the education, training and development provider of choice for the compounding industry.
We believe that through organised learning, employees and students will be able to improve job performance and individual growth opportunities.
The V-Tech Foundation aims to enhance or improve the educational conditions of V-Tech’s own employee’s children, thus creating lifelong friendships and fuelling optimism in a world where daily headlines are filled with awful news. These days optimism is in short supply and the V-Tech Foundation is set to ensure that for these individuals’ life can be improved.
“Education is the most powerful weapon which you can use to change the world”, Nelson Mandela.
Africa Check has highlighted that the matric pass rate is not a reliable benchmark of education quality in South Africa. One of the problems it obscures is the high dropout rate in the South African schooling system.
South Africa’s education system is in a state of “crisis”. The World Economic Forum claims that the country is at the bottom of the class for the quality of its maths and science education and there are concerns about high drop-out rates in schools with nearly half of all school pupils dropping out long before they can reach their matric year. The drop out can be attributed to economic, social and academic reasons. Research indicates that the high dropout and repetition rates towards the end of secondary school are symptomatic of weak learning foundations which become more apparent as learners get closer to the National Senior Certificate examination, said Minister of Basic Education, Angie Motshekga.“The department is therefore prioritizing interventions both to keep learners in school and to improve the quality of learning outcomes throughout the school system so that learners reach grades 10, 11 and 12 better equipped for the National Senior Certificate examination.
The power of education is undeniable across the world, both socially and personally, in both developing and developed countries. It is with this in mind that V-Tech launched the “V-Tech Foundation” to improve or enhance the educational opportunities for our own employees and their children.
SURVIVE AND THRIVE
“The beautiful thing about learning is that no one can take it away from you”, B.B. King.
Education is the key to alleviating global poverty, helping individuals uplift themselves and their families and achieving sustained community transformation.
that the path out of poverty begins with access to a decent education. The V-Tech Foundation will ensure that especially those with the fewest resources — can access the opportunities they need to succeed in school and life.
V-Tech understands the importance of education and the Foundation is about helping low-income families to get the same opportunities as everyone else.
THE V-TECH FOUNDATION
Only employees earning below a certain income level may benefit from the subsidy awarded by the V-Tech Foundation. The beneficiaries must be direct family of the employee and certain criteria must be met to qualify. The subsidy is reviewed on an annual basis based on the individual submissions and motivations and the progress of the beneficiaries. Funds are paid directly to the institution.
“We have made education the focus of the Foundation because it’s the key to a prosperous future, for both individuals and the country”, says Dr Johan Oosthuyse, V-Tech CEO. “We support early learning, secondary and tertiary institutions including school fees, stationary and books, uniforms and transport to and from school. With the high drop out rate due to many reasons, including economic, social and academic, it is imperative that we support our V-Tech family to help individuals to become agents of change in service to their peers, their families and their communities”. He goes on to say, “Our goal is for all our employee’s children to attend school, complete school and to do well. This will prepare them and equip them to pursue their dreams, making a better life for themselves and their families”.
“The time for change is upon us and we all have a role to play to create and contribute to the country we believe in. I believe everyone has the capability to collaborate and join hands to bring about meaningful change.” – Cyril Ramaphosa
V-Tech has extended the V-Tech Foundation to support one of our students that we previously sponsored to study further and develop new skills . She has completed her Accounting Certificate and is now part of the learnership/on the job training that is provided by V-Tech.
Africa Check. 2021. The flaw in SA’s ‘real’ matric pass rate figure (as calculated by the EFF & DA). [online] Available at: <https://africacheck.org/spot-check/the-flaw-in-sas-real-matric-pass-rate-figure-as-calculated-by-the-eff-da> [Accessed 27 January 2021].
Businesstech 2021. This is South Africa’s ‘real’ school pass rate. [online] Businesstech.co.za. Available at: <https://businesstech.co.za/news/government/353883/this-is-south-africas-real-school-pass-rate/> [Accessed 27 January 2021].