Philanthropist’s new foundation worth R80m a year to charitable causes in SA

Philanthropist’s new foundation worth R80m a year to charitable causes in SA

While we in South Africa focus on the gloom and doom of the current context, faced with junk status and high-end corruption, a ray of sunshine popped out on Tuesday with the announcement by Jannie Mouton, Founder and Non-Executive Chairman of the PSG Group, that he is establishing a philanthropic foundation with an endowment value of more than R2-billion.