Social TV
Business

Lotto allocates R150m to NPOs to survive pandemic

Following President Cyril Ramaposa’s announcement of Level 5 of the Covid-19 lockdown, SA citizens who usually bet on their lucky numbers for the Lotto would have to diarise their numbers as per the stipulated rules and regulations of the lockdown.

On a brighter note,The National Lotteries Commission (NLC) allocated R150m to non-governmental organizations, non-profit organisations and non-profit companies that are struggling to stay afloat during the coronavirus pandemic.

“The NLC funding for Covid-19 will be limited to organisations that have been funded by the NLC for programmes in the past two financial years, and organisations that have been funded by the NLC in the past five financial years for infrastructure projects.” said the commission.

According to the commission, preference will be given to organisations operating in rural and underprivileged communities. The funding will be limited to operational costs.

The funding will not be available to NLC beneficiaries who:

have been paid a grant in the current calendar year

have received grant allocation letters as an indication of the approval of their grant applications and/or are awaiting payment

have outstanding progress reports

have been placed on the delinquency register

have received funding for operational costs from other funders.

Those interested in applying should submit a detailed motivation on the approved template and confirmation of banking details.

Related posts

Recycling gathers momentum in Africa, growing jobs and small businesses

Mapule Mathe

New Young Game Changers Programme benefits local SMME’s

Mapule Mathe

Celebrating Youth Day – The future is bright for young Capetonian

Mapule Mathe

Consortium of CEOs to help businesses through tough times

Mapule Mathe

The Property Industry Group announces its retail tenant assistance relief package

Mapule Mathe

Foundations shifting practices but slow to share power, study finds

Mapule Mathe

Leave a Comment