The curious case of South Africa’s African Renaissance Fund
The curious case of South Africa’s African Renaissance Fund
R100m was approved for earthquake victims in Türkiye and Syria. Not a cent was disbursed. The episode offers a window into a fund that holds more than R800m in assets, has accumulated large surpluses, and continues to channel resources in ways that appear more aligned with liberation-era solidarity politics than its stated developmental mandate.
R100m was approved for earthquake victims in Türkiye and Syria. Not a cent was disbursed. The episode offers a window into a fund that holds more than R800m in assets, has accumulated large surpluses, and continues to channel resources in ways that appear more aligned with liberation-era solidarity politics than its stated developmental mandate.