TUHF21 begins independent operations on 1 April 2021

TUHF21 is embarking on a bold new journey, building on 18 years of development impact in inner cities through the TUHF Group to explore other markets, grow its existing product portfolio and develop innovative new ones.

The success of the TUHF Group lays a solid foundation for TUHF21 to build on the ethos of ensuring that urban regeneration, management, and training and mentorship of clients continue while having an independent view of the broader business activities across the group.

Essentially, TUHF21 will focus on three pillars to harness fresh opportunities:

  • Managing and growing its Intuthuko, uMaStandi, and other products
  • Developing new solutions based on relevant and practical research
  • Providing agency services to TUHF Limited to ensure the development impact activities continue in a financially sound and highly governed manner.

TUHF21 has charted the course for its next phase of development and growth, ensuring that its members – Luhlaza, uMaStandi and Intuthuko – become viable Social Enterprises in their own right.

Geographic Expansion for uMaStandi

Due to the demand for the uMaStandi product, uMaStandi has expanded to include new areas of finance.

Current areas of finance:

  • Gauteng – Soweto, Spruitview
  • Cape Town – Khayelitsha, Delft, Mandalay and Montclair

New areas of finance:

  • Pretoria – Atteridgeville and Mamelodi
  • Ekurhuleni – Vosloorus and Tembisa
  • Johannesburg South – Lenasia and Eldorado Park
  • Cape Town – Langa, Gugulethu and Blue Downs

Values and Principles

Its values and principles are at the core of ensuring its success. They are:

  • Impact through Strategic partnerships and collaboration 
  • Sustainable & scalable social enterprise
  • Innovation, creativity and continuous learning
  • Integrity, accountability and ethical conduct 
  • Teamwork, professionalism and high performance 

TUHF21 will focus on incubating businesses rather than having direct contact with entrepreneurs. It is ensuring that the financial solutions developed have business continuity and are sustainable, while always looking for new, innovative ways to provide real development impact.