Old Mutual donates R50 million to assist fight COVID-19

Johannesburg– Old Mutual, on Wednesday, announced that they would be pledging R50 million to help fight COVID-19. The company will in partnership with government, business labor and civil society work towards a comprehensive COVID-19 response.

As of Thursday, the country will be going on a 21-day lockdown to curb the spread of the virus. 709 cases of the virus have been confirmed by the Minister of Health, Zweli Mkhize, so far.

The company’s Director of Corporate Affairs and Responsible Business explained in a statement that the group’s contributions would include a mix of monetary donations, service and distribution capabilities as well as project management resources to support national, regional and local relief projects.

“Education is one of the core pillars of our Responsible Business Philosophy and in our discussions with part concern both the direct and indirect impact COVID-19 would have on our country’s education sector with this pledge, our ambition is to stand in the gap for learners across the country, providing necessary services and programs that help to minimize and add value to the sector during this challenging time.”

Old Mutual said, with this pledge, it is planning to provide nutrition to thousands of children who, otherwise, would not be able to access school feeding schemes as a result of the lockdown. They will partner with the Department of Basic Education and other relevant stakeholders.


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