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Business Structure test

 

The Legae Group is consists of the following, Legae English Medium Primary School, Legae Academy, Kweneng Commercial Consultants and Legae Investors.

 

Background Information

 

 LEGAE PRIMARY SCHOOL (PTY) LTD – Formed in 1983
-    Quality Primary Education at an Affordable Price
-    Educated over 1,000 Batswana primary school leavers
-    100% Pass Rate for Primary School Leaving Examination

• LEGAE ACADEMY (PTY) LTD – Formed in 1993
-    Quality Secondary Education at an Affordable Price
-    Educated over 500 Batswana high school leavers
-    The *BEST* Academic Results in Botswana for International Exams

• KWENENG COMMERCIAL CONSULTANTS (PTY) LTD – Formed 1989
-    Real Estate Investment Holdings
-    Providing internal accounting and portfolio administration and operations

•LEGAE INVESTORS (PTY) LTD – Formed 2005
-    Providing Investment Management, Advisory and Wealth Management 

 

Corporate Culture

 

Legae Investors’ corporate culture is characterized by a strong sense of independence, entrepreneurial spirit and the pursuit of excellence within the investment management industry. Personnel are required to question conventional thinking in the pursuit of value.

As the executive management are the primary owners of the business, their drive for the success of the business pervades the corporate culture and those that work with them. Hierarchical structures are intentionally absent and the staff is given every opportunity to prosper both as individuals and as members of their respective teams. Accountability and responsibility of individuals is expected and a performance culture and environment is competitive and constructive is fostered. The development of staff and the allocation of additional responsibility are based upon a demonstration of willingness and competency.

Senior and experienced staff members are expected to mentor, support and encourage their colleagues who in turn share their knowledge with the fellow team members. The staff is encouraged to make contribution beyond the norm in their individual capacities and their efforts to continue their learning process, be it by additional qualification or experience, is encouraged and supported. Legae Investors seeks to continually facilitate and provide its staff a challenging work environment where continual growth and development is possible, thereby ensuring that the staff is rewarded by means beyond purely financial consideration.

 

Transformation  Principles

 

Legae Investors will play its role in the development of the potential of this nation. This has been translated into how Legae Investors works as a citizen of Botswana. A number of key principles which determine the way in which Legae Investors operates have been identified. The include:
- Ownership - Enabling effective economic access to the investment management industry through  ownership of Legae Investors.
- Board diversity - Ensuring that the company leadership has the vision to ensure that the company keeps abreast of the dynamics of a continuously changing environment.
- Staff development - The training and mentoring and the provision of career advancement opportunities to all employees, in particular to those who have been disadvantaged by apartheid .
- Shareholder activism - The promotion of broad-based empowerment and internal cultural transformation in companies that Legae Investors invest in on behalf of its clients through advocacy, engagement and the use of shareholder rights.
- Client relationships - The development of capacity among institutional clients on shareholder activism and proxy voting.
- Social initiatives - The investment of both executive time and money in social development initiatives, education and poverty reduction.

 

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