Ramaphosa to donate half of his salary to new Mandela Fund

The President said this when he led the debate on the Presidency’s Budget Vote in the National Assembly on Wednesday.

President Cyril Ramaphosa has announced that he has decided to donate half of his Presidential salary towards a soon to be established fund that will be launched on July 18 – the birthday of former President Nelson Mandela.

The President said this when he led the debate on the Presidency’s Budget Vote in the National Assembly on Wednesday.

The announcement came as the country prepares to commemorate the centenary of President Nelson Mandela and struggle icon Albertina Sisulu.

He said the Fund, to be called the Nelson Mandela Thuma Mina Fund, will be administered by the Nelson Mandela Fund.

“I have, and this is a private initiative, decided to contribute half of my Presidential salary to a fund that will be managed by the Nelson Mandela Fund.

“This is a private, citizen-driven initiative that will ask all of those with the means to contribute a small portion of their salaries to support the many projects to build the nation.

“This fund, through discussions that we have had with the Nelson Mandela Foundation, will be launched on the 18th of July to mark the 100th anniversary of Madiba’s birth and will be called the Nelson Mandela Thuma Mina Fund,” he said.

 

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