Heart has changed its name from The Heart of Healing to Heart, in order to reflect its evolution as a business. At inception five years ago, Heart was involved in hospital work – hence the ‘Healing’ connotation. Today, heart works across a number of social and environmental challenges and needed a name that is more versatile and which has greater marketing potential.

Peter Shrimpton is not your average do-gooder. He may have traded in his three-piece suit and successful career as a venture capitalist and stockbroker to set up three incubation funds for social enterprises, but he still thinks like a businessman.

Johannesburg - The R4bn corporate social investment (CSI) industry in South Africa is a pool of untapped opportunities to create sustainable enterprises, and shouldn't just be about writing charitable donation cheques.

On 22 May the Heart of Healing re-launched as Heart, to reflect its evolution as a business and introduced South Africa’s first social investment funds that invest in social enterprises – Heart Social Investments. Watch and listen to speeches from Hellen Zille and Peter Shrimpton.

Investors in market-based solutions to social problems can now receive a financial return on their investment, rather than merely a measure of social equity.  Believed to be the first funds of their kind in the world, Heart Social Investments are launched today.