Solidarity Fund says R2.6bn pledged so far by business, foundations and citizens

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

The fund expects to meet its target of delivering 250,000 food parcels by the middle of May.

Nearly 80% of the surgical masks and 100% of the N95 masks required to meet the weekly demand for healthcare workers ahead of the expected surge in coronavirus cases have been secured, the Solidarity Fund said on Friday.

“The national lockdown was always intended to flatten the curve and to buy time for South Africa to better prepare our health services for increased numbers of Covid-19 cases. Thus far, R2.6 billion have been pledged to the fund – established by President Cyril Ramaphosa to support the national health response, contribute to humanitarian relief efforts and mobilise South Africans to drive a united response to the coronavirus outbreak in South Africa – of which R2 billion has already been received.

Led by the Department of Trade and Industry and managed by the South African Radio Astronomy Observatory , the project aims to manufacture 10,000 of these ventilators by July, coinciding with the expected peak in coronavirus infections.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SAA business rescue has achieved nothing, says GordhanPublic enterprises minister says with R5.5bn spent since December there has been no demonstrable progress So it was just a dummy sold to all who dare to care about the plight of workers? Surprised. Not. ANC including their president are sll political cheaters
Source: BDliveSA - 🏆 12. / 63 Read more »