This is a 5% year-on-year increase in nominal terms but flat when taking inflation into account, reflecting a subdued economy.
Together, these three sectors accounted for 57% of CSI expenditure in 2019, down slightly from previous years.Just over half of all surveyed companies reported increased CSI expenditure in 2019, down from almost two-thirds in 2017 and 2018. The proportion of companies supporting disaster relief increased significantly, from 28% in 2018 to 41% in 2019. However, only 2% of companies’ CSI funds were directed to the sector.
Raise interest rates urgently... ie. NOW!!!!!!!!! Get the country out of a debt orientated economy into a savings one .... NOW!!!!!! The boys know what I'm talking about...
Sell SAA and free up 20b a year to invest in the poor.. isn't that common business sense.