Update On Solidarity Fund With Valdene Reddy - Director Capital Markets - JSE

Loading player...
The Solidarity Fund would like to thank South Africa for the outpouring of generosity seen over the past week. The country’s response to the Fund’s call for unity in action has resulted in over R2 billion in donations pledged to the Fund, just two weeks since the President’s announcement. “From large corporates to medium sized businesses, South Africans have responded with enormous generosity, notwithstanding the troubled economy and its unsettling outlook. The Fund is particularly grateful to the more than 3000 individuals who have contributed amounts ranging from R1000 to R1000 000. We are heartened by what has been achieved in the two weeks since the Fund was announced. The willingness and speed with which our people have responded gives us hope for the challenging times that lie ahead,” commented Fund Chairperson, Gloria Serobe.
23 Apr 2020 12PM English South Africa Business News · Investing

Other recent episodes

SA Payments Behind the Fifa Passion

Visa’s data reveals how FIFA World Cup 2026™ shifted SA spending — from a 72% surge in sports recreation to 76% spikes in live screening ahead of Bafana’s Round of 32 match. Zeyad Davids, Vice President, Head of Marketing Services, Central Europe, Middle East & Africa at Visa explains how…
30 Jul 1PM 11 min

Life vs Funeral: The Real Difference

South Africa’s insurance gap has widened to R50.4 trillion. Capitec Life CEO Deepesh Desai explains why funeral cover dominates, why life cover lags at 19%, and how Capitec wants to change the national conversation.
30 Jul 1PM 11 min

Brand SA data shows South Africa’s Reputation Turning a Corner

South Africa scores 3.70 among audiences who know it best — placing the nation second in the world and above the Love Mark threshold. Brand SA’s Olebogeng Mabala unpacks the 0.87‑point gap between familiar and unfamiliar audiences, the economic stakes of reputation, and why “South Africa converts” once people experience…
30 Jul 12PM 19 min

PIC At War With Itself: Governance and the health of Pensions

The Public Investment Corporation—custodian of more than R3 trillion in public money and the retirement savings of millions of South Africans—is once again in the spotlight for all the wrong reasons. A whistleblower complaint, the controversial Lanseria Airport deal, the precautionary suspension of CEO Patrick Dlamini, board resignations and FSCA…
29 Jul 2PM 10 min

Africa’s Delivery Generation: Youth Demand Jobs & Clean Government

The African Youth Survey 2026 reveals a rising generation more optimistic than at any time since the pandemic — but demanding delivery, accountability and economic dignity. Commissioner Ivor Ichikowitz unpacks why optimism has surged, why cost‑of‑living pressures dominate youth concerns, and why young Africans support democracy but reject Western models…
29 Jul 1PM 12 min