Charles Molele
The Solidarity Fund has raised more than R2.6 billion in pledges within a month of its inception, according to its interim CEO Nomkhita Nqweni confirmed on Thursday.
The donations came from various sources, including government, political parties, businesses and private individuals.
The South African Solidarity Fund was launched a month ago by President Cyril Ramaphosa to address the immediate issues that the country faces in the wake of COVID-19.
The fund, set up with R150 million seed capital donated by government, is a rapid response vehicle designed to fund impactful initiatives that will augment the national health response contributions to national humanitarian efforts.
The fund, chaired by businesswoman Gloria Serobe, also aims to mobilize South Africans to flatten the curve and manage the pandemic and its impacts on households and communities.
At the media briefing on Thursday, Nqweni also announced a 12-member Board to administer the affairs of
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Start your free trial today.
Start your FREE trial nowNeed help? molokom@insideeducation.co.za
