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Fatal Accidents Education Funds

Teba Development, in its endeavour to provide support to mining industry is administering two education funds for mining companies. The funds are Masifunde Fund on behalf of AngloGold Ashanti and President’s Tlhokomelo (Care) Fund on behalf of South Deep Mine.

The programme seeks to ensure that each employer provides financial assistance for the care of its employee’s children following the accidental death at work of an employee, by funding the children’s education at primary and secondary schooling levels.
 
More than 600 children benefited from both funds in 2005.

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TEBA Limited

TEBA Limited is a service organisation primarily responsible for the recruitment of mineworkers for the South African mining industry.

In addition, it carries out a vital role in ensuring the payment of various benefits (as well as savings) to workers and their families in rural areas of Southern Africa.

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