The 2023 report presents our ESG and impact management frameworks, highlighting our dedication to gender equality, transformation, and climate change initiatives. We remain committed to achieving excellence in delivering both financial returns and social impact.
We have made significant progress in our impact objectives across healthcare, education, and financial services. Key achievements include the expansion of Crestcare Zoutpansberg, increasing its capacity to 92 beds and enhancing specialist services, now able to treat nearly 10,000 patients annually. In education, Newbridge Graduate Institute grew its student body from 1,605 to 2,255, with R24 million in bursaries helping 500 disadvantaged individuals. Custom Capital Finance supported over 2,583 SMMEs with rental finance and invoice discounting solutions, fostering business growth. Life Path Health opened the 36-bed St Catherine mental health hospital, addressing the mental health bed shortage in South Africa. The sale of Boutique Collection Investments marked our first partial exit, providing substantial returns to investors.
Summit Africa was named Best ESG Fund of the Year at the SuperReturns Africa GP Awards. Looking ahead, we anticipate opening the Crestcare Malmesbury Hospital and new NGI campuses, alongside key investments in healthcare, education, and ICT.