Stadio launches Khulisa Student Share Scheme
A stepping-stone into a world where generational wealth may become attainable.
Wetumwene Shikage
At the institution’s graduation held on 19 October in Windhoek, the Stadio Khulisa Student Share Scheme was announced. This scheme is aimed at providing shares to the post-graduate class of 2021. Students will receive their shares once they have graduated and be able to access a share portfolio which is managed by Investec Share Plan Services (Investec).
Being in the fortunate position to be a listed entity allows the institution to offer shares to students, unlike public universities. Stadio is an entity listed on the Johannesburg Stock Exchange, which owns three higher education institutions namely Stadio, Milpark and Afda higher education institution.
Stadio Namibia managing director Albin Jacobs said the institution has collaborated with various stakeholders and its major shareholders to refine the share scheme model. In addition, he mentioned that it is a privilege to give something tangible back to the students.
He assured that the institution has not released extra shares into the market, but bought the shares to make them available to students through the Khulisa Student Share Scheme.
The name Khulisa means “to grow or foster the development of a person or community”. This a revolutionary step in the academic world and a game-changer. Giving students ownership of the institution that they graduated from will build lasting legacies.
Benefits
Long -term and short-term benefits of the share scheme include students immediately receiving something tangible.
“In the long run we would like them to keep investing in Stadio and create a strong alumnus following who refer new students to us. This is already happening,” said Jacobs, adding that shares need to be kept for two years before they can be traded.
The chief executive officer of Stadio Holdings, Chris Vorster, believes that the time for the institution to do something incredible for our students is at hand.
“We empower our students, firstly through the provision of quality and affordable qualifications that are aligned with the world of work. Secondly, by partnering with our graduates as owners of our institution, supporting them by investing in their initial steps to leaving a legacy for their families,” he said.
At the institution’s graduation held on 19 October in Windhoek, the Stadio Khulisa Student Share Scheme was announced. This scheme is aimed at providing shares to the post-graduate class of 2021. Students will receive their shares once they have graduated and be able to access a share portfolio which is managed by Investec Share Plan Services (Investec).
Being in the fortunate position to be a listed entity allows the institution to offer shares to students, unlike public universities. Stadio is an entity listed on the Johannesburg Stock Exchange, which owns three higher education institutions namely Stadio, Milpark and Afda higher education institution.
Stadio Namibia managing director Albin Jacobs said the institution has collaborated with various stakeholders and its major shareholders to refine the share scheme model. In addition, he mentioned that it is a privilege to give something tangible back to the students.
He assured that the institution has not released extra shares into the market, but bought the shares to make them available to students through the Khulisa Student Share Scheme.
The name Khulisa means “to grow or foster the development of a person or community”. This a revolutionary step in the academic world and a game-changer. Giving students ownership of the institution that they graduated from will build lasting legacies.
Benefits
Long -term and short-term benefits of the share scheme include students immediately receiving something tangible.
“In the long run we would like them to keep investing in Stadio and create a strong alumnus following who refer new students to us. This is already happening,” said Jacobs, adding that shares need to be kept for two years before they can be traded.
The chief executive officer of Stadio Holdings, Chris Vorster, believes that the time for the institution to do something incredible for our students is at hand.
“We empower our students, firstly through the provision of quality and affordable qualifications that are aligned with the world of work. Secondly, by partnering with our graduates as owners of our institution, supporting them by investing in their initial steps to leaving a legacy for their families,” he said.
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