The SA venture capital and private equity industry responds to the Covid-19 crisis

The Covid-19 epidemic is an unprecedented public health and economic crisis. President Cyril
Ramaphosa and his ministers have taken decisive leadership in confronting the pandemic. Global evidence is clear that early interventions to limit contact and trace infection pathways help to slow infection rates. Support from opposition parties, civil society and business is helping to achieve this. The pressure will continue to be immense as we all work to limit the spread and impact of the pandemic, but we have high confidence in national leadership to lead us in doing so.

The private equity and venture capital industry manages R175-billion of investments in private
companies, mostly small- and medium-sized businesses, on behalf of pension funds and other
investors. We are at the front line of working with particularly small- and -medium sized companies to confront the crisis.