In this paper we attempt to locate collaboration and partnerships between higher education institutions and their stakeholders. These include the state, students, teaching and administrative staff, the community and corporate entities. The purpose of this paper is to evaluate the contribution of stakeholders to the developmental trajectory and sustenance of higher education institutions using the University of the Western Cape in Cape Town, South Africa as the case study. The paper analyses existing scholarship to understand the importance of stakeholders and their impact on higher education institutions. The study first examines the stakeholders' concept in the post-apartheid period, the concept of stakeholder in relation to HEIs, UWC and collaborations and partnership with stakeholders from a theoretical perspective, and the stakeholder collaborations and partnership from UWC perspective. The study adopted a qualitative approach utilising existing data from literature and interviews with participants. Conceptual analysis was used to analyse the data. Data were collected through semi-structured interviews with key participants. In total, 10 participants participated in the interviews.