BusinessDay
Nigeria's leading finance and market intelligence news report.

3 Billionaires in S. Africa pledge $57m each to fight Coronavirus

Three of South Africa’s richest families have pledged to spend about $57 million each or One billion rand to fight the deadly Coronavirus pandemic in that country.

Billionaire Patrice Motsepe’s family and companies in which he has shareholding pledged to spend 1 billion rand ($57 million) on fighting the Covid-19.

This came after the families of two other billionaires – Nicky Oppenheimer and Johann Rupert, said they’d donate 1 billion rand each.

One person has died of the virus in South Africa, where more than 1,100 people have been infected, according to government statistics. The nation is on the second day of a three-week lockdown to contain the pandemic.

Get real time updates directly on you device, subscribe now.

Comments are closed.