The family trust of billionaire entrepreneur Douw Steyn and related businesses, including Telesure and Steyn City, will contribute R320m across a range of initiatives to counter the health and economic fallout of the Covid-19 pandemic, the family said on Tuesday.

Steyn founded companies such as the Saxon Hotel, Steyn City and Telesure Investment Holdings (TIH), which owns brands including Auto & General, 1st for Women, Dialdirect and 1Life. The trust and the companies will focus efforts on supporting feeding schemes. ..

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