Overview


MIT was established in 1995 with a mandate from NUM to become a wealth-creating vehicle to assist retrenched workers in the mining, construction and energy sectors and also provide support to their family members and respective communities, giving bursaries to qualifying members and their dependents. MIT also funds research initiatives that is addresses the socio economic welfare of workers and their communities.

MIT was established in 1995 with a mandate from NUM to become a wealth-creating vehicle to assist retrenched workers in the; mining, construction and energy sectors and also provide support to their family members and respective communities.

The Mineworkers Development Agency (MDA), the JB Marks Education Trust Fund (JBM) and the Sam Tabani Research Institute (SATRI) are the primary recipients of grants from the Trust. However, the Trust can and may from time to time support other projects as mandated.

The Elijah Barayi Memorial Training Centre is a self-sustainable non-profit organisation but remains part of the MIT Family.

MIT is the sole shareholder of two business entities; The Mineworkers Investment Company (MIC) and Numprop (Pty) Ltd (Numprop), any dividends received are ploughed into programmes and operations of the trust.

MIT Board of Trustees

Chairperson and General Secretary of NUM

Kolekile D Sipunzi

Chairperson and General Secretary of NUM


Trustee - Treasurer General of NUM

David Godukile Macatha

Trustee - Treasurer General of NUM


Trustee - President of NUM

Thamsanqa Piet Matosa

Trustee - President of NUM


Organogram


Organogram.