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

FDI at a Turning Point: What Global Investors Expect in 2026

Kearney’s Global Business Policy Council unveils the 2026 FDI Confidence Index®, revealing the top global and emerging markets expected to attract investment over the next three years. Africa Managing Partner Theo Sibiya breaks down the trends shaping investor sentiment
9 Apr 4PM 13 min

Inside Your Pocket: Why SA’s Cost of Living Keeps Climbing

Electricity inflation has surged 85% since 2020, water is up 68%, and low‑income households now spend nearly 67% of their income on food and utilities. Senior economist Raksha Darji unpacks the Competition Commission’s March 2026 Cost of Living Report — revealing structural failures, pricing behaviour, and what must change to…
9 Apr 4PM 13 min