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• Good morning, everyone! Welcome and thank you for joining us for this media briefing and presentation of our Integrated Annual Report, Annual Financials and update of activities, as well as our scaling down preparations. My colleague, the Fund’s CEO, Tandi Nzimande, will update you on the Fund’s activities. She will be followed by the Fund’s CFO, Zanele Ngwepe, who will take you through a detailed presentation of our second set of audited Annual Financial Statements.

• I will briefly pre-empt her presentation now by thanking PwC, our external Auditors, for their diligence and the thoroughness of their audit. Our first audit also brought many lessons for us. While it showed that our due diligence and governance processes were robust, both the Fund and our audit partner learned that the unique nature of the Fund brought unique questions that we have learnt to better anticipate and address. The Fund is unique in how it brings government, business, and civil society together. It has shown that not only is this partnership possible, but that you can respond to a crisis and act with speed, and can still adhere to best practice in governance. This is something we are very proud of. I am pleased to report that, once again, the Audit shows that we operated to the highest levels of governance standards and integrity.
 

Full Statement Attached

Issued by Solidarity Fund Board Chair Gloria Serobe