Pareto Limited
Profile
Our Training
As a leading player in the South African property industry, Pareto is fully committed to training and developing skills within the sector. Pareto’s goal is to continue developing and up-skilling Asset Manager and Shopping Centre Manager Trainees to expand these important skills in South Africa’s constantly evolving property industry.
Within Pareto, practical training ranges from would-be Asset Managers at Head Office to Trainees at the company’s shopping centres, acting as understudies to Shopping Centres General Managers. Already, a Trainee Asset Manager has been appointed to assume a full asset management.
At the Tyger Valley and Cresta shopping centres trainee centre managers are undergoing a two-year programme which will enable them gain experience across a wide range of issues and activities including finance, marketing, leasing and operational management.
Also, they are enrolled in the South African Council of Shopping Centres’ educational programme at Pareto’s expense to ensure they have the necessary theoretical and practical skills.
Pareto is extremely proud of the fact that The Pavilion Shopping Centre in Durban had the first black female super regional shopping centre General Manager in South Africa who was appointed to the position after being suitably trained and mentored.
SAPOA / Pareto Bursary Scheme
SAPOA Bursary Scheme is one of the solutions to address the current and future skills crisis within the Commercial Property Industry. Pareto Limited funded the bursary scheme with R1.2 million for the first year from the company’s CSI Budget.
In terms of Pareto CSI Policy, education is one of the focus areas. Investing in SAPOA Bursary Scheme will fit within this approved CSI focus area.
Pareto’s funding of the Bursary Scheme aims to address this matter
in the following ways:
- Funding 10 previously disadvantaged first year university students
Bursary for Property studies at University level for 2010. Recruitment/assessment will take place in April/May 2010 so that SAPOA can consider the first quarter results, with funding then backdated to January 2010. This will cover tuition, residence & meals, disposable cash and a book purchase allowance. - Funding previously disadvantaged pupils for winter/spring schools at Grade 12 level
Bursaries for winter/spring school to raise the Mathematics, Science and English levels at Grade 12 level– increase pass rates for entry into tertiary education in Property Studies. These students will be considered by SAPOA for funding at tertiary level. - Mentorship programme for the selected university students to ensure academic progress
A bursary trust has been established and Ms. Nomzamo Radebe, Pareto’s Acting Managing Director, serves as a trustee together with other prominent property industry players. Pareto will be involved in the final selection of the bursary student onto the SAPOA bursary scheme. The bursary students will be expected to do vacation work with possible future employment at Pareto’s prerogative in consultation with SAPOA.