According to Fin24, South Africa’s producer inflation slowed more than expected to 7,1% year on year in March 2016 from 8,1% in February. Stats SA report that economic growth has been in decline over the last 4 years, largely influenced by the global economic crisis. With an average of just 2% growth during the period 2008 to 2012, and unemployment rates pegged at 24,9%, many are feeling the effects of a global recession.
Despite the difficult economic climate we find ourselves in at the moment, we are blessed to have regular individual and corporate donors who generously provide financial resources to the Philile Foundation. Without their generous support, we could not continue to do what we do!
We would like to thank the following Organisations and individuals for their ongoing financial support:
- City GodFirst Church and the CoLab Foundation
- GodFirst Fourways
- GodFirst Parks
- GodFirst East Rand
- GodFirst Braamfontein
- The Flight Centre Foundation
- Cantaloupe Digital
- Design Ink Studio
- Chase Software
- M Grobbelaar
- C Langsford
If you are unable to assist us financially, but would like to donate products, food or resources, please contact Hayley on email@example.com.