Morebo came into existence after years of careful observation of and curiosity about the ﬁnancial world, South African society and our culture. The company was founded as an empowerment initiative to participate in the transformation of the ﬁnancial services industry.
The driving forces behind the concept of Morebo are:
During recent years while vising the village in which I was born in South Africa, it dawned on me that despite being a democracy for more than two decades, the devastating and crippling eﬀects of poverty and ﬁnancial illiteracy still linger on and in fact are worsening as the years progress.
During one of these visits, I reﬂected on the spirit of Ubuntu that was so very present and made some of us who we are today. I asked myself a series of questions:
As I reﬂected back on the past it occurred to me that these values of Ubuntu did not just shape us socially, but they also ﬁltered down to ﬁnancial assistance. Every year until I graduated, I recall hearing my family discuss how to contribute towards my school and tertiary fees.
That sense of Ubuntu and selﬂessness is no longer in existence. And so, from this poignant reﬂection and retrospection the Morebo concept came into being.