Cliffe Dekker Hofmeyr is the pro bono legal advisor to the Adopt-a-School Foundation's BEE deal with Sandvik Mining RSA, part of the Sandvik Group. After the transaction, Adopt-a-School will hold a 12.5% indirect interest in Sandvik Mining RSA.
Adopt-a-School was founded by ANC deputy president Cyril Ramaphosa and Dr James Motlatsi in 2002. The foundation strives to address the inequalities and inadequacies in South Africa's rural and disadvantaged schools.
Over the last 10 years, Adopt-a-School has inspired both businesses and individuals in the private sector to invest effectively in education in South Africa through their Whole School Development model, whereby businesses effectively adopt a school and ensure that it is able to deliver a quality education to its pupils.
