Corporate Social Investment

Redefine identified music education as an area in which the company could contribute meaningfully to, teaching others to perform to the best of their ability and talent. The company continues to enhance its support for sustainable education by committing funds to assist disadvantaged children to play classical musical instruments.

The South African Music Education Trust (Samet)

The Redefine Western Cape Music Education Project, administered by Samet, attracted 110 learners in the current academic year from different parts of the Western Cape including Ilanga, Kuilsriver, Khayelitsha and Gugulethu. Tuition is offered in most orchestral instruments and theory of music and ensemble playing form part of the compulsory subjects at the school. The grant from Redefine, amounting to R330 000 for the year to 31 August 2009, is utilised to pay the salaries of 11 teachers as well as the team leader, to purchase and maintain instruments, and for tutorial material. In 2009, the school was featured on SABC 2’s Pasella, and some learners were invited to take part in the Valdres Music Festival in Norway. Two students were selected to be part of the Johannesburg Philharmonic Training Academy Orchestra, and some of the learners sat for Trinity College of Music Examinations (London).

Buskaid
Redefine has continued its sponsorship of Buskaid, located in Diepkloof, Soweto. Buskaid is a music school which offers tuition to less privileged youth from the local township community. Redefine contributed R275 000 for the year to 31 August 2009. During the past year, Buskaid has accepted more than 30 new pupils (aged from five to 13), with a total of 80 students under its wing, and expanded its teacher-training programme with eight new trainee teachers. Buskaid has been identified as one of the world’s top ten most inspirational orchestras by the UK’s prestigious Gramophone magazine, and two students were sent to the UK to take up scholarships at the Royal Academy of Music. They also released a new CD and their first DVD, presented two very successful public concerts, and raised significant funds for the charity through corporate performances.

LATEST HEADLINES

  • REDEFINE NAME CHANGES ON 1 MARCH 2010Monday, March 1st, 2010

    If you research or trade in Redefine shares from today, 1 March 2010, you will notice that Redefine Income Fund Limited has officially changed its name to Redefine Properties Limited.

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  • REDEFINE ANNOUNCES INTENTION TO MOVE PROPERTY MANAGEMENT IN-HOUSEThursday, February 25th, 2010

    Redefine Properties has announced its decision to move the property management function of its portfolio in-house. In addition to creating the potential for significant annual savings in the future, the change in strategy aims to increase service delivery and streamline business processes and efficiency to enhance profitability.

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