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Generosity and philanthropy can lessen SA’s economic pain

features 5 months ago

The Philanthropy Indaba, in collaboration with the Institute of Futures Research at Stellenbosch University, aims to help funnel such funds to areas where they are most needed.


09 Jul 2020
PREMIUM!
Generosity and philanthropy can lessen SA’s economic pain

Philanthropy. Picture: YouTube

As the South African economy is expected to shrink this year by no less than 4 percent due to the Covid-19 pandemic, aggravated by its initial precarious pre-virus economic position, there has been suggestions that capital from generosity or giving by those with money could play a vital role to fill the big gap. Nobody doubts that the country would be crawling down economically by the end of the year unless new sources of funding were found. That’s exactly what United Kingdom-based Cambridge University’s new Centre for Strategic Philanthropy is contemplating as it will examine the role of philanthropy in...

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