About Us

To be acknowledged as a leader in driving rural development, commercialization and industrialization for maximum creation of wealth. Growing of the economy and improving the lives of the people of Mbizana.

To invest TRUST funds in viable public and private projects and enhance direct community involvement in developing and growing of the economy in order to expand social benefits.

  1. To facilitate promote and advance the economy development and welfare of the Community of Mbizana.
  2. To engage in public benefit activities, for the exclusive benefit of the Community of Mbizana in such a manner as the Trustees and management may decide.

On 30 August 1999, the Eastern Cape Gambling & Betting Board (“ECGBB”) issued a Casino Licence to Transkei Sun International Limited (“TransSun”) trading as Wild Coast Sun, which the casino licence contained inter alia a condition of licence which provided that within three years of the issue of licence, at least 30 per cent of the shares of Transun shall be sold to individuals or group of individuals previously disadvantaged by unfair discrimination.
To meet the condition of licence referred to above, Sun International (South Africa) Limited (“SISA”), the then sole shareholder of Transun agreed to sell 30 per cent to a new company that was to be formed, namely Mbizana Community SPV which shares were owned by a trust representing and benefiting previously disadvantaged groups or individuals. The Wild Coast Sun Mbizana Development Trust was then created to serve this purpose and to hold Mbizana Community SPV’s 30 per cent shares in Transun.
Monthly management fees and declared dividends are the income streams used for the exclusive benefit of the community of Mbizana in the form of project funding and other development objectives identified by the trustees. Trustees are elected to manage the affairs of the trust. Seven new trustees were elected and appointed in January 2013.

THE TRUST, UNDER NEW TRUSTEES AND MANAGEMENT HAS ESTABLISHED A FEW KEY AREAS THAT ARE IN NEED OF DEVELOPMENT AND WILL BE FOCUSED ON FOR FUTURE FUNDING:
  • Small Business development
  • Poverty Alleviation Programmes (Land Development)
  • Tourism initiatives
  • Support of similar organizations – Trust support – skills, capacity
  • Skills development
  • Career Guidance & Development (bursaries)
  • Sports & Culture

PROPOSALS AND APPLICATIONS CAN BE SUBMITTED AT OUR OFFICES ONCE A NOTICE TO SUBMIT HAS BEEN PUBLISHED.
Click Here To Download Application Form For Funds
Click Here To Download Supplier Database Registration Form