Showing posts with label NPSouthAfrica. Show all posts
Showing posts with label NPSouthAfrica. Show all posts

Friday, April 04, 2008

A State of Giving - South Africa - The Good News

A State of Giving - South Africa - The Good News: "What is even more astounding is the fact that regular citizens give roughly R12 billion per annum from their pockets to help others.
Giving in South Africa
Corporates R 5 billion
Individuals
R 12 billion
State (Social Grants) R 80 billion

These results emerged from a national survey on social giving. Three thousand respondents, representative of South Africans from all walks of life, were asked to comment on their social contributions in the month preceding their interviews."

Thursday, July 19, 2007

Business Report - Black diamonds begin to give back more

Business Report - Black diamonds begin to give back more: "Black diamonds begin to give back more
July 19, 2007

By INGI SALGADO

South Africa's new black philanthropists, most of whom were the first beneficiaries of black economic empowerment (BEE), are coming under increasing pressure to share their wealth through structured channels.

In addition to deals that include broad-based BEE components, some black philanthropists are setting up foundations, with the aim of generating sufficient interest income from endowments to eventually sustain their work."