“The ‘Thuma Mina’ moment is upon us.” These were the words of the South African President last Monday. The phrase ‘Thuma Mina,’ which means ’send me’, was made in reference to the COVID-19, a pandemic virus. At the moment, more than 400 citizens have tested positive to SA coronavirus. Consequently, the SA government has made a vital economic move by creating the Solidarity Response Fund.
The novel coronavirus began in 2019 in Wuhan, China. Today, it has spread across so many countries, including South Africa. Governments all over the world have been advised to enforce a stay-at-home order so that the effect of the disease will be minimal. Realising that the stay-at-home lockdown will affect ordinary citizens and small business owners is the reason why the South African government made this move. What the fund means and how individuals can be of help are discussed in the following paragraphs.
What does the Solidarity Response Fund mean?
The Solidarity Response Fund in South Africa is a measure put in place to reduce the impact of the COVID-19 disease. SA’s President, Cyril Ramaphosa, made this public in a nationwide broadcast on Monday.
According to Ramaphosa, the objective of having the fund is to help in supporting the progress that the public sector is making. He noted that the fund is needed in combating the spread of the virus, tracking how it spreads, and also giving adequate care and assistance to ill people. Additionally, it will help in supporting anyone who becomes disrupted in the process.
Management of the fund
Although President Cyril did not give any hint on how the funds will be accessed, he noted that it would be well managed. More so, he noted that the Solidarity Response Fund would be managed under the chairmanship of Gloria Serobe. The popular businesswoman will see to the accountability and tight administration of the fund.
Also, the Solidarity Fund would include respected South Africans, who will fill board positions to ensure proper transparency. Interestingly, the SA government has already made an R150 million donation to the fund, which is the first economic response to the viral disease. While commenting on the disbursement of the fund, the President noted that:
We call on larger businesses in particular to take care of their workers during this period. In the event that it becomes necessary, we will utilise the reserves within the UIF system to extend support to those workers in SMEs and other vulnerable firms who are faced with loss of income and whose companies are unable to provide support. Details of these will be made available within the next few days.
How you can help
Every South African citizen has the opportunity of donating via the official website www.solidarityfund.co.za. Reports on the site revealed that different citizens and corporations have offered to help reduce the impact of the COVID-19, which is why the Solidarity Fund South Africa was created to make donations transparent and accountable.
Through the official website, you can get more information on how you can help. Apart from that, you can also get more information through the email: firstname.lastname@example.org. Then, there is a call centre opened from 8 am to 6 pm. Call 0860 001 001 to reach the call centre.
How to donate to the account?
President Cyril Ramaphosa revealed some notable contributions were already made by the Oppenheimer and Rupert families. The two families had made R1 billion donations each to help employees and small businesses affected by the pandemic virus.
To make your contribution, all you need to do is fill the donation form and then mail it to email@example.com when you are done. If you want to make your cash donation to the fund, here are the necessary bank details:
Bank: Standard Bank
Branch: Sandton City
Branch code: 051001
Account name and number: Solidarity Fund; 023070021
SWIFT Code: SBZAJJ
Account type: Current account
Note that your donation will be tax-deductible.
As the world and specifically, South Africa, battles the novel coronavirus, citizens need to obey governmental rules. Obedience to safety rules will help contain the virus. At the same time, the Solidarity Response Fund, to a great extent, will help solve economic problems that may arise in this period.
DISCLAIMER: This article is intended for general informational purposes only and does not address individual circumstances. It is not a substitute for professional advice or help and should not be relied on to make decisions of any kind. Any action you take upon the information presented in this article is strictly at your own risk and responsibility!