Recession Threatens Charity Organisations

More needy South Africans could be plunged into further desperation as the country’s charities battle a funding crisis

More than 500 000 needy South Africans, many of them women and children, could be plunged into further desperation as the country’s charities battle a funding crisis. This is according to Child Welfare South Africa.

Industry experts revealed that charity organisations, which represent 30 percent of social services in the country, will have R3 billion less to spend on crucial causes this year because of the recession.

The organisation says the impact of the financial meltdown has swelled the workload of staff at many of these organisations, and that it is in crisis. It said this will have a catastrophic impact on half a million children if charities do not receive a bailout from the government.

To read the article titled, “Charities going bust as recession hits,” click here.

Source: 
<br /> The Times
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