EWN reports that top executives at financial services company FirstRand on Saturday were the latest business leaders who committed to forgo 30% of their salaries for three months to contribute money to the government’s coronavirus Solidarity Fund.  

The campaign was started after government leaders, including President Cyril Ramaphosa, last week agreed to slash their salaries by 33% to contribute funds towards the fight against the Covid-19 pandemic.  The financing is targeted at enhancing healthcare facilities and supporting small businesses, among other aims.  FirstRand announced that its CEO Alan Pullinger, CFO Harry Kellan, and COO Mary Vilakazi would have their salaries reduced in line with the pledges by top government officials.  Other leaders who have joined the pact include Nedbank CEO Mike Brown, Ekurhuleni mayor Mzwandile Masina and his executive and Business Unity SA and Black Business Council leaders and members.

• Read the full original of the report in the above regard by Theto Mahlakoana at EWN
• Read too, Parties, public reps pledge to take salary cuts to donate to Covid-19 fund, at EWN
• And also, Rhodes University vice-chancellor takes pay cut to donate to Solidarity Fund, at TimesLIVE

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