“Poaching remains the biggest threat to South Africa’s rhino,” said Molewa in her budget speech on Thursday.
The allocation will add to the R250 million already donated to SANParks by the Howard G Buffett Foundation in March.
South Africa is home to approximately 22 000 white and black rhinos. Of those, more than 10 000 are found in the Kruger National Park, according to the Department of Environmental Affairs.
This represents about 70% of the world’s total rhino population, which is being decimated at the rate of nearly three a day.
The official number of rhino poached as of July 10 was 558. Some 351 were killed in the Kruger and 80 in Limpopo.
South Africa had signed an international agreement with the Mozambican authorities “to strengthen the fight against rhino poaching”, said Molewa.
An implementation plan for the next five years was currently being jointly negotiated.
The allocation would be bolstered by “other financial assistance that SANParks … continues to receive from private sector organisations through its fundraising initiatives”, Molewa said.