The events that have played out in the country a few weeks ago have had an immense impact on all South Africans. Following from South African Institute of Chartered Accountants (SAICA) member requests and engagement with the SAICA Eastern Region Council (in Kwazulu Natal), SAICA leadership is urging its members across the world to join in an initiative in an effort to help not only fellow members, but also individuals, who can benefit from SAICA members’ expertise to rebuild their businesses and deal with the emotional and mental stress that they are experiencing.
“At SAICA, we see our members as leaders in the economy – individuals who can make a difference in society to better the lives of everyone. It is our duty to do what we can to alleviate the emotional and physical hardship that South Africans have been subjected to. SAICA leadership, employees and members need to be a part of the solution and make a difference where we can,” said Freeman Nomvalo, SAICA CEO.
“We have therefore launched an initiative called Difference Makers: Business Emergency Rescue (BER) and while there are specific elements in this initiative that are tailored to SAICA members, the plan also includes support actions aimed at South African business people who have been impacted by the riots,” Nomvalo continued.
The plan includes, amongst others, the following:
The next phase of the Business Emergency Room initiative is aimed at assisting businesses that have been impacted by the recent turbulence in South Africa. The priority and purpose of the Business Emergency Room remain to accelerate economic recovery and growth through supporting small businesses.
The initiative will once again call on experts to participate as part of a voluntary panel of business advisory experts, offering temporary pro-bono support to businesses in response to the current economic strain and its repercussions on society. In turn, businesses will have an opportunity to apply for the support from the panel of business advisory experts.
It is important to note that the service remains purely an advisory service and not an implementation service. In addition, participation will be on a pro-bono basis for a limited period of time.
The specialist areas of advisory are as follows:
Although SAICA members received a specific reference code to use when they make financial contributions, SAICA urges all individuals who want to contribute financially to get in touch with Gift of the Givers to do so.
Nomvalo concluded: “SAICA thanks everyone who has already stepped up to help others and those who will continue to provide support over the next few months. We appreciate the dedication to the wellbeing of not only our fellow citizens, but also the economy. Together, we can make a substantial difference.”