With the unbundling of Imperial Holdings in November 2018, Imperial and Ukhamba Community Development Trust, in effect lost its power base, since this was our main source of annual funding. The return on our investments was not sufficient for the growing the Trust and getting to our initial target of 50 libraries.
Negotiations with management of the two newly formed companies, Imperial Logistics and Motus Corporation, resulted in the Trust getting a commitment by both these entities to continue assisting with funding for the next couple of years.
It was thus inevitable, that our name had to be changed to reflect our sponsors. Imperial and Ukhamba Community Development Trust was thus rebranded in June 2019 to Imperial and Motus Community Trust.