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1 A finance internship in South Africa offers an incredible opportunity to gain realworld experience in the finance industry. You will gain a competitive advantage by connecting your coursework with industry experience in the largest economy in Africa, from companies focusing on wealth management, capital assets, financial analysis, and client services.
2 For those seeking an internship placement in the fields of microfinance, economics and finance, there are a number of opportunities in Cape Town. We offer a comprehensive array of internship openings within the South African financial sector, ranging from financial management to microfinance. South Africa is the largest economy in Africa and an internship in this field will give interns the opportunity to engage international and domestic financial matters. Applicants with an interest in economic development should consider one of our microfinance internships, as this will place you in an internship environment where you will contribute to poverty reduction through the economic enfranchisement of previously disadvantaged South Africans. As an intern, you will have the incredible opportunity to learn what it takes to succeed in your chosen industry by observing and working with experienced professionals. These internships give you the opportunity to expand your cultural and professional horizons, and build skills that will be essential to your future career. Each internship program is individually tailored, based on your internship questionnaire, your background and experience, and what you are looking to gain from the placement. Once we have received all your information we will give you the placement option suited to you and available at your time of travel. Location: Cape Town, South Africa Age Limit: Minimum 18 years of age Program Duration: 6-12 weeks Start Dates: 1st & 16th of every month. If falls on a weekend, please aim for an arrival following Mon/Tue.
3 Gain valuable experience working alongside Industry Professionals Broaden your professional knowledge through hands on work experience Experiencing the industry in a stunning new environment Working outside of your cultural context with people from different backgrounds Enhancing your CV with an international internship Becoming well-versed in Cape Town s cosmopolitan culture and spectacular geography An opportunity to live and work in one of the most beautiful cities in the world We offer interns to utilize affordable accommodation as a reasonable extra cost. The internship housing is located in the popular area of Cape Town called Observatory (known as Obs by the locals), approximately 7km from the centre of the city. This suburb town boasts a surprisingly cosmopolitan vibe despite its deceptively intimate size. Much of its unique bohemian atmosphere is attributed to the many international visitors that stay in this area. Observatory has a fascinating local culture, which offers an interesting collection of cafes, boutique stores, book shops and art galleries by day, while evenings awaken trendy restaurants, lively bars and live music performances. Internship housing offers you a private, lockable and furnished room in a comfortable house exclusive for your use. The accommodation is centrally located to the shops, restaurants and public transport. The house is secure and is serviced twice a week by cleaning staff. There are also laundry facilities available; alternatively there are Laundromats in the town. Shower/toilet facilities and the use of a lounge area with DSTV are shared and there is WIFI in the house for R300 per month. All interns will have complete access to a fully furnished kitchen and there are several grocery stores in Observatory should you wish to prepare your own food. If you have elected to have the meal plan, you will be provided with 2 delicious meals a day (lunch and supper) during the week, Monday Friday, which are prepared by our program chef.
4 Many interns opt for the meal plan because it is convenient and affordable. The meal plan saves you the hassle of preparing lunch in the early morning before you start work. After a long day at work, it s also great to know that you will have a delicious meal waiting for you! Dinners are served in a buffet-style at The Foreign Exchange (FOREX), a restaurant and bar located in Observatory. Dinners are a great way to meet other interns in the program and enjoy a fun and friendly home-like atmosphere (there is also free wifi at FOREX). You have the option of collecting your meal in a take-away container if you would prefer to eat your meal at home. FOREX is also the collection point for lunches for the following day. If you will be interning in the townships, please be aware that you will most likely be living in an area where there are no places to buy lunch. We highly recommend that you consider at least signing up for a lunches-only meal plan at $35 per week. On the weekends you will have complete access to the kitchen should you care to prepare your own meals. Often during the weekends interns tend to eat out as they are out and about exploring Cape Town or on excursions. You will receive transport orientation on the local public transport when you arrive and will be shown how to travel safely. Most interns commute to work using the city s public transportation grid. If your internship site is located within the townships or outside of the public transportation grid, you will be required make use of private transportation for safety reasons. Private transportation is at offered at a rate of USD 55 per week. Please refer to the Application Process Overview document for details on the application procedure and the timings involved. In general, after submitting your application we will review your requirements together with our project partners to establish the best internship opportunity for you-this will however also be based on availability. You will then receive a detailed internship site brief. This internship site brief will include a full description of that specific placement and what is expected from you as an intern.
5 INTERNSHIP POSITIONS: Economic Development Microfinance Debt Counselor Financial Management REQUIRED EXPERIENCE: Previous experience in finance and/or economics or with a plan to be studying in a related field On arrival to Cape Town you will be collected at the airport by one of our project facilitators and transported to your accommodation. You will then take part in a two-day extensive orientation program which will include: Meet and greet with the project staff Full induction into your role as an Intern Familiarization with the requirements of your internship site and how to maximize your stay Information on living in Cape Town and a review on emergency procedures Discussions on the history, local politics and geography of the Cape Town and South Africa Detailed information on health, well-being, and safety issues A tour of the city and the public transportation methods to help immerse you in your new surroundings Throughout your placement you will have the support and guidance of our experienced internship coordinators. They are part of our greater African Impact support team, which will provide you with competent 24-hour field support and assistance.
6 Internship Cost USD: Note that accommodation and meals are optional and thus charged separately. Duration Internship Accommodation A Accommodation B Meals 6 weeks $2150 $756 $630 $480 8 weeks $2150 $1008 $840 $ weeks $2150 $1260 $1050 $ weeks $2150 $1512 $1260 $960 The meal prices above are for the lunch and dinner option. Internship Cost GBP: Note that accommodation and meals are optional and thus charged separately. Duration Internship Accommodation A Accommodation B Meals 6 weeks weeks weeks weeks The meal prices above are for the lunch and dinner option. Internship placement All ground transfers to and from Cape Town International Airport upon arrival and departure Comprehensive orientation program
7 Weekly Xhosa language lessons Weekly activities and excursions (see below) Weekly football matches CV/Resume Building workshops 24 hour emergency support Accommodation and meals (these however can be included for you at en extra cost as indicated above) All items of a personal nature, such as curios, gifts, snacks, drinks and clothing (work and other) Flights to Cape Town International Airport Transport to and from your internship placement s and telephone calls made during your placement Any excursions over and above your planned itinerary in Cape Town Personal insurance cover for the duration of your placement - to include cover for repatriation and air evacuation A $250 refundable deposit for accommodation damages, payable on arrival for your internship should you select to stay at internship housing. All tenants in Rent-a-Room properties will need to pay a non-refundable lease fee of $100. ZAR150 per month for electricity, should you select to stay in internship housing Transport via private shuttle of $55 per week. (This is site specific and only if necessary)
8 At African Impact we believe that when youth undertake an internship placement, it not only boosts their professional stature and resume, and teaches them valuable skills; but the nature of our internships allows them to make a real impact on the lives of others. Our internship division is really important to us. Having been in Africa for 10 years facilitating successful volunteer projects and internship programs, we feel strongly that ethical internships can play a big role in helping us achieve our mission of providing amazing experiences which contribute to worthy causes in a viable way. With the nurturing of close partnerships across the continent, we have access to over 120 internship placements all individually managed to match the applicant. Internships are a key part of the work experience of today s youth and they so often act as a viewing glass into how an industry works and what to expect. Some of the most amazing success stories we ve witnessed involve interns finishing their programs having gained not only hands-on experience, but the confidence that they can succeed professionally in any industry while also doing good in either a social or environmental way. Since African Impact was founded in 2004, we ve proudly facilitated over 500 internship placements across Africa and each year partner with responsible NGO s and interesting grassroots organisations to develop even more amazing work experiences for our leaders of tomorrow. We have a passion for having young people advance in their skills and careers while making an impact in the area they work in. We want to ignite peoples passion and help set them on the path that s going to define their future.
9 Providing great learning experiences that have a positive impact Empowering interns to achieve more professionally Promoting environmental and social enterprises in Africa Helping communities with support and aid Cape Town, the oldest city in South Africa, is frequently voted as the most beautiful city on earth. The majestic sandstone rocky outcrop of Table Mountain, with its peak often shrouded in cloud, provides the backdrop to this cosmopolitan city, whilst pristine sandy beaches are just minutes away. Located on the Atlantic Ocean, Cape Town benefits from a Mediterranean style climate of dry hot summers and mild winters. Well known as an escape for adventure seekers, Cape Town hosts a wide range of exciting activities to make the most of your internship experience. It would be unforgiveable to live in one of the most beautiful cities in the world and not explore your surroundings. As part of your program we have organized a weekly schedule of additional activities to show you what Cape Town has to offer and to have fun with your fellow interns (all included for little or no cost). Wine Tasting in the Western Cape Winelands Hiking in Table Mountain National Park Caving in Kalk Bay and full moon hikes to Lions Head Braais (BBQs) in the local townships Visits to the National Gallery and Museums Peninsular tours to Cape Point Trips to the V&A Waterfront Bowling, Movies and more Hop-on, Hop-off Cape Town City Sightseeing Bus R275 Take a hike or cable car to the top of Table Mountain R230 (cable car) Shopping at Victoria and Alfred Waterfront Free! Surfing lessons R385 Shark Cage Diving R1760 Sky-diving R2090
10 Abseiling down Table Mountain R770 Please note these prices serve as a guideline and are subject to change. A series of optional, in-depth cultural experiences are offered to participating interns and can be arranged when you arrive in Cape Town. Please note that the cost of these activities is not included in the cost of your Internship placement. Examples include: Learning to Scuba Dive in Mozambique Spending a weekend in the township of Nyanga Traditional South African cooking lessons Our Internships Manager, Deanna Hess, will guide you through your placement booking process and equip you with everything you need to know before arriving at your internship. Deanna is a born and bred South African and has spent all her life in Cape Town. She hopes one day to travel the world and experience diverse cultures and beautiful sights in other countries. Deanna has a passion for wildlife conservation and helping volunteers and interns make their own impact and adventures in Africa. deanna@africanimpact.com We look forward to welcoming you for a unique, rewarding and unforgettable experience!
11 A wide range of exciting activities are available in the region. Weekend excursions are optional and can be organized to: Aquila Safari - a Big 5 private game reserve R1650 (minimum of 4 people) Cape Point Peninsula Tour including a visit to the penguins at Boulders Beach R930 Experiencing fine wines and warm hospitality at Constantia and Stellenbosch wine farms R715
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