Independent On-line, 23 November 2002, R750m Aids pledge for KZN finally approved
$72-million (about R750-million) pledged to fight Aids in
This follows the news that a billion-rand injection of funds to fight Aids is within weeks of being deposited by the Global Fund into a South African bank account.
The second successful bidder in the Fund's first-round allocation was LoveLife, which will now be able to enhance its prevention programmes nationwide.
In a pre-World Aids Day briefing in Washington this week, Richard Feachem, Executive Director of the Global Fund to Fight Aids, TB and Malaria said that $616-million was ready to be sent to 40 countries - including South Africa - "between now and the end of the year". The money, he said, would "begin moving" within days.