The ARM Broad-Based Economic Empowerment (BBEE) Trust was established in 2005 with the primary objective of facilitating Socio-Economic Development (SED). The Trust provides funding to provincial Rural Upliftment Trusts established by ARM to carry out welfare, community development and anti-poverty initiatives. The main focus of the trusts is on education-focused projects. These trusts and individual unit holders own a 10% equity interest in ARM and they and their projects are funded through the dividends that ARM declares to shareholders.
The ARM BBEE Trust consists of five provincial Trusts – the Eastern Cape Rural Upliftment Trust, the Kwa-Zulu Natal Rural Upliftment Trust, the Limpopo Rural Upliftment Trust, the Mpumalanga/Northern Cape Rural Upliftment Trust and the North West/Free State Rural Upliftment Trust; as well as the National Women’s Upliftment Trust, the ZCC Church Trust, the South African Democratic Teachers Union (SADTU) Trust, the National Education, Health and Allied Workers Union (NEHAWU) Trust and approximately 150 respected community and provincial leaders.
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