Solidarity Fund to roll out food relief for vulnerable households

09 April 2020 - 05:10A fund set up to pull money together to fight Covid-19 and limit its economic pain on families is planning to earmark R120m in food relief for a quarter of a million vulnerable households, an internal document obtained by Business Day shows.

President Cyril Ramaphosa established the Solidarity Fund, which raised more than R2bn in the two weeks after it was launched. The fund has also set up a R100m facility to fast-track the purchase of urgently required protective equipment such as face masks and shields. The food relief effort, which is in the planning stage and could change, will reach the most vulnerable communities. Its administration will enable the fund to track and ensure the costs are directed towards the provision of food relief.

The committee is supported by technical teams formulated under Business for SA and working with the department of health, the National Health Laboratory Service and other stakeholders to ensure proposals meet the need to ensure effective interventions. Old Mutual independently administers the fund on a pro bono basis. Advisory firms and legal firms EY and ENSafrica have developed the governance framework to guide the allocation of funds, also pro bono.

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