- July 23, 2004
- Posted by: admin
- Category: Niveus Investments
Vukani Gaming Western Cape (Pty) Ltd recently handed over the first instalment of a R1 million rand contribution to the Edu-peg community social development project, kicking off the first of an extended community development programme. The investment is part of a five-year commitment to Edu-peg, providing much needed resources to schools in five Western Cape regions. Vukani Gaming Western Cape. A wholly owned South African company is one of only two route operators awarded LPM route licences by the Western Cape Gambling and Racing Board. Vukani Gaming Western Cape major shareholders are SA Clothing and Textile Workers Union Investment Group (SIG) and empowerment company, Hosken Consolidated Investments (HCI). The group is investing millions into the operation, which will see 1000 slot machines rolled out into various pub and club venues within the Western Cape. A vital element of Vukani’s business strategy is to encourage community development and as such, interested operators are required to identify projects in their community, which need financial support. This means that the communities begin to see the benefits before a machine is switched on. Vukani has already identified development projects, with Edu-peg being the first in line to receive a much needed cash injection. Edu-peg is a multi-choice, self corrective integrated teaching programme, used by pre-primary and primary learners to advance their numeral skills, literacy skills and generic learning capacity. “We currently have more than two thirds market share in Mpumalanga, and I am looking forward to achieving similar results in the Cape through our experience and an intimate knowledge of the local market”, said John Snoek, Director Operations for Vukani Gaming Western Cape (Pty) Ltd.
Source: Gaming for Africa – June/July 2004 edition