Nicky Oppenheimer

R1 billion pledged in March 2020 for interest-free, five-year loans to SMMEs to pay eligible employees, typically R750 per week for 15 weeks

Role

Co-signatory, with Jonathan Oppenheimer, of the family statement announcing the trust; the trust names its donor as the Oppenheimer Generations Foundation

Reported by

Business Day; Sunday World; SA Future Trust website (donor named as Oppenheimer Generations Foundation)

Sources ^{1 2 3 4}

Business Day reported the full R1.125bn available (R1bn Oppenheimer plus R125m from third-party donors) committed to loan approvals (also given as R1.2bn approved for 12,000 SMMEs); loans concluded with 7,500 SMMEs (R800m committed), expected to benefit more than 70,000 employees; more than 38,000 applications received

Role

Member of the donor family

Reported by

SA Future Trust and Jonathan Oppenheimer, as reported by Business Day

Sources ³

Funds reinvested through four non-bank financial intermediaries from 2021 (no amounts published on the trust's site)

Role

Member of the donor family; trust has four independent trustees and one appointed by the donor foundation

Reported by

SA Future Trust website

Sources ¹