SAVCA’s response to the containment of COVID-19
Kindly note that the South African National Coronavirus Command Council has announced a nation-wide lockdown for 21 days with effect from midnight on Thursday the 26th of March. All SAVCA employees will therefore continue to abide by SAVCA's work-from-home policy allowing for virtual meetings only, for the duration of the lockdown.
SAVCA remains operational and committed to its members and the broader Southern African economy. In addition to our weekly webinars, SAVCA has also created a dedicated COVID-19 resource page, an industry WhatsApp broadcast group and discussion board aimed at providing support to SAVCA members and friends.
Please note that our phone lines remain active. Feel free to continue engaging with us telephonically, via email and via virtual meeting platforms.
To join our WhatsApp broadcast group and / or discussion board, add +27 76 632 7005 to your phone contacts and WhatsApp us your Name, Surname and Company Name. We hope that you, your loved ones and teams are safe and healthy during this uncertain time.
LOCAL PRIVATE EQUITY INDUSTRY’S COMMITMENT TO COVID-19 CONTAINMENT MEASURES
18 March 2020: In full support of President Ramaphosa’s outlined approach to contain the spread of COVID-19, the Southern African Venture Capital and Private Equity Association (SAVCA) has demonstrated its commitment to implementing the necessary protocols by instituting various internal precautionary measures, among them the introduction of virtual events to replace face-to-face gatherings, travel restrictions and flexible work-from-home policies.
As the voice of the industry, SAVCA will offer its members guidance in navigating the challenging economic landscape that lies ahead through a weekly webinar series.
“This is a critical time not only for our country, but globally. Global markets are facing great uncertainty and we strongly encourage our members and their portfolio companies to take the necessary precautions, as outlined by President Ramaphosa’s address to the nation.”
“While the road ahead will certainly not be one without challenges, we at SAVCA will continue to closely monitor the situation and promise to do all we can to protect our people and the industry at large. Private Equity and Venture Capital has been known to be agile and flexible, and there isn’t a better time like the present for our industry to demonstrate this,” van Lill concludes.