Motsepe family joins Ruperts and Oppenheimers in donating R1 billion to Covid-19 fight
The contribution is in partnership with the Motsepe Foundation, African Rainbow Minerals and Sanlam.
The Motsepe family announced on Zoom on Saturday, that it is pledging R1 billion towards the fight against Covid-19, in partnership with associated organisations, the Motsepe Foundation, African Rainbow Minerals and Sanlam.
In a prepared statement, Dr Precious Moloi-Motsepe said that the family had, in contact with government, health workers and other stakeholders, identified projects with the primary objective of saving lives and slowing the spread of the virus. Some of these are projects to distribute sanitiser and personal protective equipment (PPEs).
Dr Moloi-Motsepe also noted that a portion of the donation would go towards purchasing water tanks and borehole drilling, as access to water is also crucial in the fight against the virus. They will also fund the building of classrooms, computer centres and laboratories in all nine provinces.
Sanlam CEO Ian Kirk added:
“We believe these efforts will make a meaningful contribution not only towards fighting the Coronavirus, but also in developing the long-term sustainability of South Africans, particularly in poor and rural areas.”
He urged other companies to assist with contributing as much as they can.