Nicasia Holdings (Pty) Ltd

About Nicasia Holdings

Nicasia Holdings (Pty) Ltd is a South African private company founded in 2020. It focuses on career development, youth employment and student bursary initiatives. Most of its programmes are aimed at young people from financially disadvantaged backgrounds.

The company works alongside Aon South Africa, the local arm of Aon plc. Aon is a global professional services firm. It offers risk management, insurance broking, reinsurance and human capital consulting in more than 120 countries. This partnership gives Nicasia Holdings a direct link to the insurance and finance industry.

Bursary and learnership support

The Nicasia Holdings and Aon bursary targets students in finance, insurance and engineering. The 2026 round covered Corporate Finance (BCom), Insurance and Risk Management, and Engineering. Published listings put the value at up to R120,000, covering tuition fees, textbooks, accommodation and a monthly allowance. Amounts can change, so confirm them with the company.

Nicasia Holdings also runs an insurance learnership with Aon South Africa. Listings describe a 12-month programme that mixes about six months of classroom learning with six months of workplace experience. Completing it earns a National Certificate in Insurance, and learners receive a monthly stipend. One listing quotes R6,500, but check the figure for the current intake.

What to know before applying

Applicants must be South African citizens who have finished matric and study at an accredited institution. In the 2026 round, finance and insurance students had to be entering their first or second year, while engineering students had to be entering their second or third year. Applicants could not already receive other funding, and a strong academic record was expected.

These fields suit the programme's industry partner. Insurers and brokers need people who understand risk, finance and technical systems. Engineering skills also help when insurers assess large industrial projects. If you study one of these fields and cannot afford your fees, this bursary may be worth a careful application. The learnership suits school leavers who prefer paid, practical training over full-time study. In both cases, keep your documents tidy and your contact details current, so the team can reach you quickly if you are shortlisted.

The process is simple. There was no formal application form in 2026. Instead, students emailed certified copies of their ID, matric certificate, latest academic transcript and a CV to the company. Late submissions were not accepted, and the 2026 round closed on 27 February.

Because Nicasia Holdings is a smaller private company, it runs these programmes on a limited scale. Places are few, so apply early and send complete documents. Check the official Nicasia Holdings website for the current intake, fields and closing date.