Mann Made Media in BEE deal with Maharishi Institute
Mann Made Media has announced a BBBEE ownership deal, effective 1 March 2017. The Maharishi Institute in Johannesburg has acquired 51% of Mann Made Africa in a 100% black women-owned empowerment vehicle, a youth employment fund targeted 100% on unemployed black South African women.
According to Shayne Mann, Mann Made Media CEO, “We have had a long-standing relationship with the institute. Over the last 15 years, the agency has worked on a pro-bono basis on Maharishi videos, events and campaigns. Mann Made Media has always been passionate about education and empowerment. Through our relationship with Dr. Taddy Blecher, we have gotten to know the institution well and are committed to growing funds to support its services and success.”
The Maharishi Institute and its associated organisations have assisted over 17 050 unemployed South Africans. The institute is also a BBBEE partner with FCB Africa.
Cikizwa Gaqa, Maharishi graduatem says “I am delighted Mann Made Media has partnered with MI because there needs to be many more success stories like mine!”